Topics discussed this week include:
- EPA issues PFAS action plan.
- Supreme Court to hear CWA case on discharges through groundwater to waters of the United States.
- District court dismisses lawsuit by environmental group and youth alleging that federal government violated their constitutional rights and public trust doctrine through Trump-era climate change policies.
On February 21, 2019, the Federal Energy Regulatory Commission (FERC) issued Trailblazer Pipeline Company LLC (“Trailblazer”), FERC’s first order addressing how FERC applies its Revised Income Tax Allowance Policy Statement, as further revised on rehearing (collectively “Revised Policy Statement”), to a pipeline organized as a pass-through partnership that is not a master limited partnership (“MLP”) in a Natural Gas Act (“NGA”) section 4 rate case proceeding. FERC issued the Revised Policy Statement in response to the U.S. Court of Appeals for the D.C. Circuit’s (“D.C. Circuit”) decision in United Airlines, Inc. v. FERC (“United Airlines”), which found that FERC could not permit a specific MLP pipeline to recover an income tax allowance in its rates without further explaining why this did not result in the MLP’s investors “double recovering” their income tax costs, based on a concern that the investors’ pre-tax return on equity (“ROE”) also provided such compensation when calculated using the discounted cash flow (“DCF”) methodology. United Airlines did not consider other types of pass-through entities, such as non-publicly traded partnerships, or alternative methodologies to calculate ROE and the Revised Policy Statement did not address them directly. (more…)
On February 12, 2019, U.S. Deputy Secretary of Energy Dan Brouillette and U.S. Ambassador to Germany, Richard Grenell, participated in a German LNG Conference hosted in Berlin by German Federal Minister of Economic Affairs and Energy Peter Altmaier. The group was joined by high-level government and industry leaders, including Executive Director of the International Energy Agency, Dr. Fatih Birol. (more…)
Topics discussed this week include:
- Federal judicial interpretation of the Clean Water Act remains split
- Federal court holds states violated Clean Water Act for dam decommissioning
- Suit challenging President Trump’s 2-for-1 executive order survives motion to dismiss
- Fiat Chrysler enters Clean Air Act consent decree
- Audi engineers face mobile source “defeat device” criminal indictment
- Federal court vacates New York regulator’s denial of water quality certificate for natural gas pipeline
- Green New Deal nonbinding resolution proposed in Congress
Thursday, April 25, 2019
Sidley Austin | 1501 K Street N.W. | Washington, D.C. 20005
11:30 a.m. – 12:00 p.m. Registration
12:00 p.m. – 6:30 p.m. Lunch, Program and Networking Reception
Government shut-down, climate change, inverse condemnation, energy & commodity regulation and enforcement – 2019 looks to be a pretty tumultuous year with lots of change.
We will host an in-depth discussion on evolving regulatory, transactional and business issues facing U.S. and international energy and commodities market participants.
As our industry continues adapting to regulatory, credit, and market challenges, we will host notable industry leaders, distinguished government officials, and Sidley attorneys offering timely insights on pressing issues and trends.
This complimentary half-day program in Sidley’s Washington, D.C. office, will feature informative presentations and panel discussions followed by a networking reception.
For more information or questions, please contact email@example.com.