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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

Renewable energy projects have a lot of stakeholders and gatekeepers. There are federal regulations, state laws, and the impacts on local municipalities where the projects are actually built. At times, these powers can be at odds with one another. In Michigan, a coalition of 79 townships challenged a state law preventing them from imposing requirements on renewable energy projects that were more stringent than those required at the state level. An appellate court found in favor of the state. A recent ArentFox memo discusses the Opinion:

“The court upheld the PSC’s interpretation that local siting ordinances ‘may only contain the setback, fencing, height, sound, and other applicable requirements expressly outlined in [Michigan Code of Laws 460.1226(8)] and may not contain additional requirements more restrictive than those specifically identified in that section.’ The court reasoned that allowing local governments to adopt requirements in addition to those imposed under state law ‘would inherently be more restrictive,’ which would conflict with the legislature’s intent.”

The memo identifies this as a growing trend at the state level. In addition to Michigan’s law, Illinois has similar restrictions on local power. Those restrictions were also recently affirmed by an appellate court. This is good news for the renewable energy sector. Allowing local municipalities to set specific, stringent standards specific to their townships would introduce a huge level of regulatory complexity for renewables projects. The trend towards state-level uniformity gives developers more certainty that their investments will yield returns.

Our members can learn more about sustainability in the energy sector here.

If you’re not already a member, sign up now and take advantage of our no-risk “100-Day Promise” – during the first 100 days as an activated member, you may cancel for any reason and receive a full refund. But it will probably pay for itself before then. Members also save hours of research and reading time each week by using our filtered and curated library of ESG/sustainability resources covering over 100 sustainability subject areas – updated daily with practical and credible information.

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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