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TheCorporateCounsel

TheCorporateCounsel.net

A basis for research and practical guidance focusing on federal securities laws, compliance & corporate governance.

DealLawyers

DealLawyers.com

An educational service that provides practical guidance on legal issues involving public and private mergers & acquisitions, joint ventures, private equity – and much more.

CompensationStandards

CompensationStandards.com

The “one stop” resource for information about responsible executive compensation practices & disclosure.

Section16.net

Section16.net

Widely recognized as the premier online research platform providing practical guidance on issues involving Section 16 of the Securities Exchange Act of 1934 and all of its related rules.

PracticalESG

PracticalESG.com

Keeping you in-the-know on environmental, social and governance developments

Before the holiday break, I wrote about a federal court in Massachusetts striking down the administration’s offshore wind moratorium. However, this victory for offshore wind development proved to be short-lived. The administration quickly moved through the Department of the Interior to suspend offshore leases for five major wind projects, citing national security risks as its rationale. S&P Global reports:

“Interior said in a release that a 90-day pause on the five projects would give Interior, Defense, and other agencies more time to work with offshore wind leaseholders and state partners ‘to assess the possibility of mitigating the national security risks posed by these projects.’

Interior identified these potential threats as ’emerging national security risks, including the rapid evolution of the relevant adversary technologies, and the vulnerabilities created by large-scale offshore wind projects with proximity near our east coast population centers.'”

After a brief glimpse of hope, the administration’s latest move throws offshore wind projects into limbo. The Department of the Interior’s suspension will likely draw further litigation around the matter as investors and developers continue to fight the administration’s assault on wind energy.

Our members can learn more about clean energy policy here.

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The Editor

Zachary Barlow is a licensed attorney. He earned his JD from the University of Mississippi and has a bachelor’s in Public Policy Leadership. He practiced law at a mid-size firm and handled a wide variety of cases. During this time he assisted in overseeing compliance of a public entity and litigated contract disputes, gaining experience both in and outside of the courtroom. Zachary currently assists the PracticalESG.com editorial team by providing research and creating content on a spectrum of ESG… View Profile