Climate Change Legal Practice, Green Building Lending, Texas Geothermal, + Green Sans LEED (WIR)

Week in Review
  1. The Law Firm of Holland & Hart Announces New Global Climate Change Practice – The firm is the first and only law firm based in the Rocky Mountains to organize a practice group concentrating on this rapidly emerging area of law and policy.  Holland & Hart’s Global Climate Change Practice Group consists of attorneys who counsel clients on the climate change aspects of energy and natural resources development, industrial energy use, regulatory compliance, renewable energy and energy infrastructure projects, corporate disclosure and governance, carbon markets, litigation, and government relations.
  2. New Resource Bank Aims to Make it Easier to Build Green – A new banking program here aims to encourage developers and investors to start green building projects by offering financial incentives like providing more money at a lower cost, higher loan-to value, and lower interest rates.
  3. Texas Issues First Lease for Geothermal Energy Exploration and Development along Gulf Coast – Texas has awarded the state’s first lease for geothermal energy production to Ormat Technologies, Inc., which plans to explore the renewable energy’s potential along seven Gulf Coast counties.  The company paid $55,645, or $5 an acre, for the right to explore 11,129 acres for pockets of hot water and steam under the ocean floor, the General Land Office announced Tuesday.
  4. Building Greener and Cheaper than LEED – While many argue over the costs and benefits of requiring LEED-certification, some affordable housing developers have shown that building green doesn’t require following the program’s recommendations.

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