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Registered companies must disclose 2024 climate-related information in registration statements and annual reports they file with the Securities and Exchange Commission (“SEC”). Pursuant to final rules adopted by the SEC earlier this year, registrants will be required to disclose ...

By: Agnes Antonian, Christina Sartorio Ku, Meredith Rubin and Varronika Siryon

The U.S. Supreme Court late last month issued an opinion, Loper Bright Enters. v. Raimondo, which broadens federal judges’ authority when interpreting the functions of the federal government. Just a few days ...

Agnes Antonian, Chair of Connell Foley LLP’s Environmental Law Group, and Anthony LoPresti, an associate with the group, have published an article in the May 2024 issue of Commerce magazine, a publication of the Commerce and Industry Association of New Jersey (the “CIANJ”).

Titled ...

Reforms contained in a forthcoming rule proposal to modernize land resource protection rules will significantly impact land use developments throughout New Jersey, making the Garden State’s permit acquisition process even more challenging and difficult to navigate than it is now.

The ...

Recognizing electric vehicles’ (EVs’) potential to improve air quality across the state, New Jersey’s Department of Environmental Protection (NJEDP) has implemented a program to incentivize EV use.

Dubbed “It Pays to Plug In,” the new program provides grants to offset the cost ...

Key Takeaways:

  • There’s a new EPA reporting requirement that applies to businesses that manufactured, processed or imported products including articles containing forever chemicals, which are especially common in construction materials and consumer goods.
  • There are no minimum ...
C-PACE Financing for Green Improvements is Coming to the Garden State

New Jersey real estate owners interested in improving their property’s energy or water efficiency, take note: Now is your chance to submit feedback on an aspect of New Jersey’s version of the Commercial Property Assessed Clean Energy (C-PACE) program, a tool designed to help finance ...

NYC Council Bill Proposes Extending Deadline for LL 97 Compliance

Town halls are being held throughout Queens, New York, for co-op owners concerned that their maintenance fees will spike as a result of their buildings’ efforts to meet the requirements of a law that sets greenhouse gas emission limits on buildings 25,000 feet or larger.

New York City’s ...

Deadline Approaching for Submission of Energy and Water Benchmarking Data Pursuant to New Jersey’s Clean Energy Act

This summer, the New Jersey Board of Public Utilities (“BPU” or the “Board”) has been issuing notices to owners/operators of commercial buildings over 25,000 square feet in floor space.  The notices announce a new obligation for the owners/operators to report their buildings’ ...

Proposed Legislation Would Provide Tax Abatements for Carbon-Emission Law Compliance

New York City Assemblyman Edward C. Braunstein (D-Bayside) is sponsoring legislation intended to help middle-class co-op and condo owners comply with Local Law 97,  which—starting in 2024—sets carbon emissions caps on buildings over 25,000 square feet. Assemblyman Braunstein’s ...

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