September 19, 2018

September 19, 2018

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September 18, 2018

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September 17, 2018

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California Enacts 100% Carbon-Free Energy Standard

Governor Jerry Brown signed SB 100 into law on Monday, setting in place a 100% renewable electricity target for California by 2045.

The law, which we discussed in our prior blog post here, calls for a state-wide renewable energy target of 60% by 2030, with an interim target of 50% by the end of 2026 and a final 100% target by 2045. At the signing ceremony, Brown also announced an executive order directing California to achieve carbon neutrality, meaning it would remove as much carbon dioxide from the atmosphere as it emits, also by 2045. The order, which could be rescinded by a future governor after Brown terms out in 2019, instructs the California Air Resources Board to develop a framework for reaching carbon neutrality.

The law will take effect in January, and California will then join Hawaii as the only two states that have pledged to eliminate fossil fuels from their electric grids by 2045.

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About this Author

Legal, Business, Jeffery Atkin, Foley Lardner, Environmental Attorney
Partner

Jeffery R. Atkin is a partner and business lawyer with Foley & Lardner LLP. His areas of practice cover a broad range of business and financial matters, including renewable energy, project finance, private placements, mergers and acquisitions, joint ventures, real estate development and equipment procurement and leasing. Mr. Atkin is chair of the Solar Energy Team, co-chair of the Energy Industry Team, and a member of the Latin America Practice.

Mr. Atkin’s experience in renewable energy and project finance includes representing developers,...

213.972.4557
Jason N. Barglow, Foley Lardner Law Firm, Los Angeles, Development Permitting Lawyer, alternative energy projects attorney
Partner

Jason Barglow is a partner and real estate and corporate lawyer with Foley & Lardner LLP, and vice chair of the firm’s Real Estate Practice. He is also a member of the Transactional & Securities Practice and the Energy Industry Team. Mr. Barglow’s real estate practice includes advising clients with respect to all types of commercial and residential real estate transactions and issues, including acquisitions, dispositions, land use, construction, lending and finance, development and leasing. His practice also includes advising clients on all manner of real estate issues arising in connection with the financing, construction and development of alternative energy projects, including acquisition of site and development rights and permitting and entitlement issues. 

Mr. Barglow's transactional practice includes mergers and acquisitions (across a wide range of industries), commercial lending, federal and state securities law compliance for public and private companies, ongoing reporting and disclosure obligations for public companies, equity and debt offerings for public and private companies, advising clients on corporate governance issues, and general corporate representation of both for-profit and nonprofit entities.

In February 2014, Mr. Barglow spoke at the Infocast Solar Power Finance Summit and Investment Conference in San Diego. He moderated the panel, “Real World Aspects of Doing a Deal”. Also in February 2014, he served as a guest lecturer for a class at Loyola Law School on alternative energy development and project finance.

Mr. Barglow was selected for inclusion in the 2008, 2010, 2011, 2013, 2014 and 2015 Southern California Super Lawyers-Rising Stars® lists. He was also recognized by The Legal 500 for his work in the area of energy – renewable/alternative in 2013, 2014 and 2015, for his work in the area of real estate in 2014, 2015, and 2016, and for his work in the area of finance – project finance in 2015 and 2016.

Mr. Barglow earned his J.D. in 2001 from the University of Southern California, where he was elected to the Order of the Coif. He graduated with a B.A. from the University of California – San Diego in 1997.

213-972-4576
Justus Britt, Solar Energy Project Attorney, Foley Lardner Law Firm
Associate

Justus Britt is a business lawyer and special counsel with Foley & Lardner LLP. Mr. Britt focuses on the development and acquisition of solar energy projects. His project development experience includes advising clients on real estate, permitting, and construction matters, including negotiating supply, EPC, and O&M agreements. Mr. Britt’s acquisition experience includes leading due diligence efforts and assisting on stock and asset purchase agreements, as well as joint venture agreements. He is a member of the firm’s Energy Industry Team and the Transactional...

213.972.4727