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SEC Chair Tweets about Upcoming ESG Regulation

Green Building Law Update

Securities and Exchange Commission Chair Gary Gensler Tweeted about the future of ESG regulation. You do not need to be a futurist to know that SEC regulation of ESG is coming although precisely when has been unclear, however, it is now apparent that the SEC will release a proposal at its March 21 Open Meeting. Last week U.S.

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Gleaning the Direction of ESG Regulation

Green Building Law Update

There is uncertainty in this bleeding edge subject and with new statutes, codes and regulations on the cusp of enactment at the federal level, by states, as well as internationally, we track much of that for our clients. We do not need to be a futurist to know that SEC regulation in the ESG space is coming.

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DuPont Resolves PFAS Claims with Delaware

Green Building Law Update

The Companies will fund up to an additional $25 million if they settle similar claims with other states for more than $50 million. That settlement brings to $753 million the total DuPont damages claim related companies have paid to resolve about 3,600 PFAS suits. Constitution, and this ‘sweetheart’ settlement recognizes that.

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FTC Regulates What You can Say about Your Solar Panels

Green Building Law Update

A business that generates renewable energy, say, with solar panels, but sells the Renewable Energy Certificates (RECs) for that renewable energy may not then claim it “uses” renewable energy. In doing so, the owner forfeits the ability to make any claims about “using” renewable energy, but generates a new revenue stream.

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Supreme Court Permits State Law Claims Against Superfund Property

Green Building Law Update

A key lesson to be learned here is that even a landowner determined to be an “inculpable person” under a state voluntary cleanup program is still subject to a state law claim by some other impacted third party property owner. Among the reasons this is a significant decision is the impact on widely utilized state Brownfields programs.

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What You Can Say about RECs is Regulated by the FTC

Green Building Law Update

Businesses who generate renewable energy, say, by using solar panels, but sell the Renewable Energy Credits (RECs) for the renewable energy they generate shouldn’t claim they “use” renewable energy. The Federal Trade Commissions has advised that such a claim would be deceptive. The manufacturer’s claim is therefore deceptive.

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Texas judge strikes down law that would ban city-mandated water breaks

Construction Dive

Supporters claimed the so-called Death Star legislation would eliminate cumbersome regulations across the state.

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