In response to multiple requests from stakeholders and interested parties during the third Gulf of Mexico (GOM) Intergovernmental Renewable Energy Task Force meeting, the Bureau of Ocean Energy Management agreed to extend the public comment periods for the two potential wind energy areas (WEAs) and the draft Environmental Assessment (EA). Both 30-day comment periods
Renewable Energy
BOEM Overview of Proposed Gulf of Mexico Offshore Wind Areas and Draft Environmental Assessment
The Bureau of Ocean Energy Management (BOEM) held its third Gulf of Mexico (GOM) Intergovernmental Renewable Energy Task Force meeting on July 27, 2022 (3rd Meeting). The first two meetings were held on June 15, 2021, and February 2, 2022, respectively. The primary purpose of this meeting was to present the preliminary…
DOI Identifies Gulf of Mexico Wind Energy Areas
On July 20, 2022, the U.S. Department of the Interior (DOI) announced it is seeking public comments on two draft wind energy areas (WEAs) in federal waters of the Gulf of Mexico.
As illustrated on the map, below, the first WEA, covering 188,023 acres, is located 56 nautical miles off the coast of Lake Charles…
Mitigating Impacts of Offshore Wind: BOEM Draft Guidance Suggests Compensation for Lost Income to Fishermen
On June 23, 2022, the Bureau of Ocean Energy Management (BOEM) published a draft guidance on mitigating potential impacts of offshore wind development on commercial and recreational fishing. The final guidance document will set forth required information that lessees must submit to BOEM at each stage of a wind project, i.e., Site Assessment Plan (SAP)…
New Amendment to Louisiana’s Geologic Sequestration of Carbon Dioxide Act Creates Expropriation Rights to Prohibit Drilling through Carbon Capture Storage Reservoirs in Caldwell Parish
In response to various pressures on the energy industry to reduce the environmental impact associated with excess carbon dioxide emissions, many energy companies are investigating carbon capture and sequestration projects as a means of reducing their carbon emissions. In addition to reducing carbon emissions, carbon capture and sequestration projects often qualify for valuable income tax…
SEC’s Proposed Rules on Climate-Related Disclosures
The Securities and Exchange Commission proposed – by a 3-1 vote – a comprehensive new set of rules (the “proposals”) in an effort to enhance and standardize the climate-related disclosures provided by public companies.[1] According to SEC Chair Gary Gensler, the proposals come in the wake of increasing investor demand for more…
CBP Issues Further Guidance with Respect to Application of Jones Act to the Offshore Wind Market
Yesterday the U.S. Customs and Border Protection (“CBP”) published a new ruling on Jones Act compliance in the installation of offshore wind turbines. While the ruling addresses and confirms several established compliance points in the rapidly developing U.S. wind market, CBP introduced a new wrinkle that will aid U.S. vessel owners.
First, the new development. …
State, Federal Governments Move Toward Wind Energy Leasing in the Gulf of Mexico
Within the first six weeks of 2022, both state and federal governments have taken steps toward offshore wind energy development off the coast of Louisiana.
On February 1, the Climate Initiatives Task Force submitted the Louisiana Climate Action Plan to Governor Edwards. The Plan offers strategies and actions aimed at reducing greenhouse gas emissions in…
OCSLA Amendments Pave the Way for Carbon Sequestration in Offshore Federal Waters
The Infrastructure Investments and Jobs Act (the “Act”), which was passed into law on November 15, 2021, included key amendments to the Outer Continental Shelf Lands Act (“OCSLA”) that pave the way for carbon sequestration in offshore federal waters.
Prior to the Act’s passage, OCSLA (as amended by the Energy Policy Act of 2005) authorized…
Renewable Energy Efforts Highlighted in Draft Plan to Reduce Greenhouse Gas Emissions in Louisiana
Governor Edwards’ Climate Initiatives Task Force, charged with making recommendations to reduce greenhouse gas emissions originating in Louisiana, recently took another step towards that goal.
Continue Reading Renewable Energy Efforts Highlighted in Draft Plan to Reduce Greenhouse Gas Emissions in Louisiana