March, 2016

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Another RGGI Raid? New York State Senate Proposes Pulling $138 million from the RGGI Fund

Law Columbia

Jessica Wentz. Associate Director and Fellow. On March 14, the New York State Senate released a FY 2017 budget proposal that would divert $138 million from the Regional Greenhouse Gas Initiative (RGGI) auction proceeds to the state budget, including $23 million to the general fund, $100 million to subsidize the operations of certain nuclear power plants that are no longer financially viable, and $15 million for a workforce development program.

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Sea Change: New BOEM Proposed Rule Signals Major Shift in How Air Emissions Would Be Regulated in the OCS

The Energy Law Blog

In the next few days, the Bureau of Ocean Energy Management (BOEM) will publish in the Federal Register a Proposed Rule that would result in a significant change on how the agency regulates air emissions from oil and gas operations on the Outer Continental Shelf (OCS), in the Central and Western Gulf of Mexico (GOM). On March 17, BOEM released a pre-publication version on their website.

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You’re Gonna Hear Me Roar: How the Tragic Death of One Lion May Provide Protection for Candidate Endangered Species and Answer Controversial Questions about Trophy Hunting

Vermont Law

Summary: . After Cecil the Lion was killed during a trophy hunt last summer, Congress proposed the CECIL Act. The CECIL Act has the potential to create a new layer of protection for candidate species. The study which is being requested as part of this bill may help determine whether or not trophy hunting actually benefits endangered species conservation.

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New Developments in the Determination of the Texas Franchise Tax Liability

The Energy Law Blog

The Texas Franchise Tax is imposed on taxable entities that do business in Texas or that are chartered or organized in the state. Taxpayers subject to the Texas Franchise Tax may compute their tax liabilities under several alternative methods to determine which one results in the lowest amount of tax due. One such method is to start with the total revenue from the entire business and subtract from that amount either a deduction for the taxpayer’s cost of goods sold (“COGS”) or a deduction for t

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How to Drive Cost Savings, Efficiency Gains, and Sustainability Wins with MES

Speaker: Nikhil Joshi, Founder & President of Snic Solutions

Is your manufacturing operation reaching its efficiency potential? A Manufacturing Execution System (MES) could be the game-changer, helping you reduce waste, cut costs, and lower your carbon footprint. Join Nikhil Joshi, Founder & President of Snic Solutions, in this value-packed webinar as he breaks down how MES can drive operational excellence and sustainability.

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Production in Paying Quantities: Second Circuit Holds Lower Courts Must Consider All Relevant Factors, Not Just Profit

The Energy Law Blog

Since this blog’s post on production in paying quantities on January 26, 2016 , the Louisiana Second Circuit Court of Appeal rendered its latest decision on the subject in Middleton v. EP Energy E&P Co., L.P. , 50,300-CA (La. App. 2d Cir. 2/3/16). While not particularly groundbreaking, Middleton does provide further guidance to mineral lessees and litigators with respect to the relevant factors and time period considered in a paying quantities case.

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EPA Proposes Significant Changes to the RMP Rule

The Energy Law Blog

On February 25, 2016, the EPA proposed revisions to its Risk Management Program (RMP) rule. Click here to see the proposed rule. The rule revisions are required by Executive Order 13650, which called for additional improvements on chemical facility safety and security. Click here to see Executive Order 13650. While the proposed rule does not change the applicability thresholds, it does include significant changes to the current requirements.

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