The business case for the development of renewable energy projects, from biodiesel and ethanol to wind, solar, and distributed generation, is more compelling than ever as tax and regulatory incentives combine to attract investments. Emerging issues in environmental law and increasingly recognized principles of corporate social responsibility are encouraging international companies to voluntarily reduce greenhouse gas emissions, install clean energy alternatives, and invest overseas in projects under the Kyoto Protocol to respond to climate change concerns.
Our attorneys assist our clients in developing and understanding industry-specific strategies for mitigating emissions of carbon dioxide, participating in voluntary emerging carbon-trading markets, assessing whether insurance policies cover errors and omissions related to climate change disclosures, building with "green" materials, and siting clean energy facilities. We work with major international wind, hydro, and geothermal power developers to quantify and qualify renewable energy credits and greenhouse gas emission reductions, and draft contracts and contractual provisions related to ownership rights and sale of these credits.
Our attorneys have played a leading role in understanding the issues of climate change law and business risk, and have been focusing substantial energy, utilities and environmental experience in helping clients to understand regulatory compliance issues. We recently launched www.climatelawyers.com, a blog devoted to the legal, public policy, and business risk questions presented by climate change and renewable energy initiatives.