Potential for Bipartisan Climate Change Action in 2021 with the Biden Administration

As we almost turn the page from 2020 to 2021, many have cause for optimism with regard to the incoming Biden Administration and the potential for bipartisan climate change engagement and action.  A hint of cautious optimism is, indeed, in the air.

President elect Biden campaigned on an ambitious climate action agenda and both R’s and D’s seem ready to address climate change and risk as part of a renewed focus on the environment.

To read the full text of this post by Duane Morris partner Brad Molotsky, please visit the Duane Morris Opportunity Zones – Insight from the Land of OZ Blog.

Support for Establishment of a Sustainability Standards Board Announced by IOSCO

Earlier this week, per reporting from ESG Today, the International Organization of Securities Commissions (“IOSCO”) sustainability task force announced it support for the establishment of a Sustainability Standards Board under the IFRS Foundation, a big step towards continued reporting and standardization of reporting methodology.

To read the full text of this post by Duane Morris partner Brad Molotsky, please visit the Duane Morris Opportunity Zones – Insight from the Land of OZ Blog.

United Airlines’ Goal to be 100% Carbon Neutral by 2050 – Makes Significant Carbon Sequestration Joint Venture Investment

United Airlines announced earlier today, Thursday, December 10, 2020 that it is making a “multi-million dollar investment” into carbon capture and sequestration technology, a move they say will help them reach a goal of 100% carbon-free by 2050.

To read the full text of this post by Duane Morris partner Brad Molotsky, please visit the Duane Morris Opportunity Zones – Insight from the Land of OZ Blog.