Kenneth J. Markowitz Stacey H. Mitchell Dario J. Frommer Christopher A. Treanor May 1 2023 Climate change policy update: energy-related jobs; water conservation funding and pollution Akin Gump Strauss Hauer & Feld LLP | Environment & Climate Change - USA Kenneth J. Markowitz, Stacey H. Mitchell, Dario J. Frommer, Christopher A. Treanor Environment & Climate Change IRA fuels rise in energy-related jobs across United StatesNew climate rule will require that plants employ carbon capture quickerBiden-Harris administration announces funding for water conservation and efficiency projectsBiden issues executive order to ease pollution in poor communitiesCalifornia officials announce good news for water usersMayor Adams reveals New York Climate Exchange which will create thousands of jobs This article outlines pertinent legal and policy climate change developments in the United States during the past week.(1)IRA fuels rise in energy-related jobs across United States Speaker Kevin McCarthy's debt limit plan seeks to raise the federal debt limit while slashing the Inflation Reduction Act's (IRA) green energy tax incentives. While the bill faces a dead end in the Senate, the White House highlighted that the IRA is fuelling a rise in clean-energy, battery and electric vehicle jobs across the United States, particularly in the congressional districts of Republicans who voted against the law.New climate rule will require that plants employ carbon capture quickerIt is anticipated that the Biden administration's power plant-related rules – focused on coal and natural gas – will be released by the Environmental Protection Agency (EPA) imminently. Reports of the rule detail that the administration is currently preparing to release draft rules that require new gas plants to use carbon capture quicker.Biden-Harris administration announces funding for water conservation and efficiency projectsOn 21 April 2023, the Department of the Interior (DOI) announced the availability of $140 million for water conservation and efficiency projects. Funded through the Infrastructure Investment and Jobs Act, the investment seeks to "increase water conservation, improve water efficiency, and prevent the Colorado River System's reservoirs from falling to critically low elevations that would threaten water deliveries and power production".Biden issues executive order to ease pollution in poor communities President Biden issued an executive order calling on federal agencies to consider the environmental burdens in already-overburdened communities before approving new projects that have the potential to threaten their air or water quality. Moreover, the executive action will bolster agency data collection efforts to better understand the cumulative impacts of projects on communities.California officials announce good news for water users California officials announced that the state will be able to deliver 100% of the water amounts requested by California farmers and cities for the first time in at least five years. Thanks to recent storms across the state, the Metropolitical Water District, which supplies water for most of Southern California, is storing large quantities of water in anticipation of future dry conditions.Mayor Adams reveals New York Climate Exchange which will create thousands of jobsAlong with Trust for Governors Island and the State University of New York Stony Brook University, New York City Mayor Eric Adams revealed the New York Climate Exchange. The cross-sector endeavour will "create thousands of permanent jobs and $1 billion in economic impact for the city".For further information on this topic please contact Kenneth J Markowitz, Stacey H Mitchell, Dario J Frommer or Christopher A Treanor at Akin Gump Strauss Hauer & Feld LLP by telephone (+1 202 887 4000) or email ([email protected], [email protected], [email protected] or [email protected]). The Akin Gump Strauss Hauer & Feld LLP website can be accessed at www.akingump.com.Leila Fleming, public policy specialist, assisted with the preparation of this article.Endnotes(1) For the previous update, click here.