The energy industry is at an inflection point and a moment of resiliency as it experiences a rebound in pricing and recovers from the impact of the global pandemic. Evidenced by the signing of several Executive Orders, President Joe Biden has made climate change a focal point of U.S. energy policy. The full impact of the new administration’s “government-wide” approach to regulatory and social environmental policies will be unclear for months.
Each of our nation’s energy sectors is impacted by local, state and federal policies, many of which represent important legal and regulatory developments for the energy industry in the United States. For the first time, this 11th edition of the Babst Calland Report is presented in a completely digital and easy-to-navigate format. This is a major undertaking for our team of energy attorneys in our network.
In this IndustryVoice video, Babst Calland attorneys Joe Reinhart, Co-Chair of the firm’s Energy and Natural Resources team; and Jim Curry, Managing Shareholder of its office in Washington, D.C., discuss a range of topics examined in the report with Hart Energy Senior Editor Joe Markman.
The Babst Calland Report represents the timely perspectives of Babst Calland’s multidisciplinary team of energy attorneys relevant to the wide spectrum of interests of energy clients. Topics range from the industry’s business outlook, regulatory rulemaking and enforcement to developments in climate change, pipeline safety and litigation trends, as well as important updates in the oil and gas, coal, and renewable energy sectors.
Commentary from Sen. Joe Manchin (D-W.Va.), Chairman of the U.S. Senate Energy and Natural Resources Committee, is featured in the Report as he spoke with Babst Calland energy clients at a special briefing on June 25, 2021. A link to the webinar recording is available in the introduction of the Report.
Anticipating changing regulations and industry shifts, along with the challenges of planning for an industry-wide transformation, energy companies are adjusting their strategies, capital budgets, and are cautiously proceeding with current plans. Climate change is at the top of the national agenda and is expected to command political force and debate in Congress and among the energy industry.
The markets for natural gas continue to be robust while alternative forms of energy are now more vital than ever to the industry and economy. Energy companies are ever more watchful and socially responsible in addressing environmental and regulatory matters. With some rulemaking already underway and anticipated, the energy industry is watching closely the new dynamic of elected officials, leaders and regulatory challenges anticipated.
You can find a copy of The 2021 Babst Calland Report through Hart Energy by requesting a copy here.