ESG & Industry Updates

First - a reminder - Tariffs are (as of writing) still set to kick in this weekend on all imports from Mexico and Canada, and thus far they do not exempt oil imports from Canada, which could impact New England over the next several weeks, barring updates. We won't know what, if any, impacts there will be until early next week, most likely. Petitions are pending to exempt oil imports from the tariffs but there has not been any publicly confirmed change on that by the Administration as of Friday afternoon. Additionally, there are looming questions about price impacts on electricity in Northern New England that is Canadian sourced and whether that would be subject to the same 25% tariff.

Topics: EPA, Climate Change, tariff, Trump Administration, Biden Administration, paris accord, offshore wind, ev

The change in Presidential Administrations this December-January season has left an unprecedented amount of issues open across the transition period, including a multitude that specifically affect the Energy and Transportation Industries. Truth be told, there are too many items up in the air to cover where we are on all of them in one update, so we will try our best and keep you posted as the news cycles turn.

Topics: Carbon Emissions, tariff, Trump Administration, Biden Administration, ZEV

MassDEP adopted the CARB (California Air Resources Board) Heavy Duty Omnibus and Advanced Clean Truck Regulations (aka 310 CMR 7.40) December 2021, along with several other States. The bill took effect January 1, 2025.

Topics: EPA, Massachusetts, Carbon Emissions, net-zero, decarbonization, CARB, ZEV

The next chapter of Massachusetts Climate Change regulation kicks on January 1^st with emissions and storage reporting requirements for the DEP due throughout 2025 ahead of the full enactment of the Clean Heat Standard kicking on in January 2026.

Topics: Massachusetts, Carbon Emissions, decarbonization, clean heat standard

Massachusetts passed a long awaited and much debated climate change bill this week and sent it to Governor Healey’s desk Thursday afternoon.

Topics: Massachusetts, Climate Change, renewable energy, environmental justice

As we round into 2025, and the election day preceding it, we thought it would be helpful to highlight energy related tax, credit, and funding items that either have an expiration looming December 31, 2024, are slated to kick on January 1, 2025... OR that have their passage or continuation hanging in the balance depending on how the election goes.  If you're in Massachusetts, there are a host of additional items on the horizon, by the way, the following are Federal Level items:

Topics: Biodiesel Tax Credit, Biodiesel, Carbon Emissions, Trump Administration, Biden Administration, Inflation Reduction Act, Carbon Capture, Clean Fuel Production Credit, renewable diesel

What is Renewable Diesel?

Topics: Biofuels, Carbon Emissions, decarbonization, renewable diesel

In early May of 2024, the New Jersey Township of North Brunswick conducted an initial trial of renewable diesel y fueling the township's DPW trucks with Neste MyRenewable Diesel. Now, all of North Brunswick's public fleet, including school busses, fire trucks, and backup generators are powered by renewable diesel.  This move is projected use around 50,000 gallons a year and result in a reduction of GHG emissions by 470 tons annually. 

Topics: Carbon Emissions, renewable energy, renewable diesel

 

Topics: EPA, agriculture, Clean Water Act

The Clean Fuel Production Credit is part of the Inflation Reduction Act passed in 2022. The Act includes substantial provisions for climate initiatives including the aforementioned credit, and multiple provisions regarding EV incentivization.

Topics: Biodiesel Tax Credit, Biodiesel, Climate Change, Carbon Emissions, renewable energy, Inflation Reduction Act, Clean Fuel Production Credit