Alston & Bird’s climate change and carbon management lawyers have truly unique experience in the development and implementation of the full range of greenhouse gas risk management and monetization strategies. Our leadership in this area was recently highlighted when one of our lawyers was asked by the U.S. Senate Energy and Natural Resources Committee to provide testimony on the policy issues associated with carbon sequestration. We support a blog addressing a variety of rapidly moving issues associated with greenhouse gas emissions.
Our carbon-related services include project development, carbon finance and trading, legislative and regulatory advocacy, risk consultation, and litigation.
We represent both existing energy companies as well as new enterprises that have been specifically organized to exploit trading and development opportunities in carbon mitigation and capture. We have unique experience in matters related to carbon capture and storage (CCS), widely perceived to be one of the most promising carbon management technologies. We provide carbon management strategic advice to airline, CCS companies and major oil and coal companies.
Our lawyers have been active from the beginning of the carbon market in assisting our clients in the trading of carbon credit assets in the United States, the EU and other jurisdictions. We have also pioneered techniques for incorporating the value of carbon emission reductions in the financing of infrastructure projects, where carbon-related cash flows can be crucial to a project’s success. Likewise, effective participation in this market requires a thorough understanding of the array of regulatory considerations that create unique risks and opportunities for commodity CO2 assets.
On the policy front, Alston & Bird formed and represents the major trade association addressing carbon sequestration issues. We have also accepted an appointment from President Clinton’s Global Initiative through the Center for American Progress to support the development of CDM projects in developing companies and serves regularly as an expert commentator on various scientific and policy publications, most recently in connection with the Discussion Paper for the Second Annual International Energy Agency/Carbon Sequestration Leadership Forum Workshop on the Legal Aspects of Storing Carbon Dioxide. We are routinely asked to peer review legal and policy papers worldwide on topics such as carbon management and CCS.
Kipp A. Coddington
Kipp Coddington represents clients in climate change transactions and provides advice under various carbon dioxide regulatory schemes in the United States and abroad. He is experienced in the negotiation of Emission Reduction Purchase Agreements and leads deal teams on numerous transactions under the Kyoto Protocol’s Clean Development Mechanism.
Mr. Coddington represents project developers in various major infrastructure projects involving carbon management (typically the geologic storage of carbon dioxide), such as coal-to-liquids. He is frequently asked to advise on issues related to carbon capture and storage both in the United States and abroad.
He is counsel to the North American Carbon Capture & Storage Association.
Mr. Coddington is a frequent commentator on climate change and air quality issues. He is also a frequent speaker at the annual Carbon Flood Conferences/Carbon Management Workshops in Midland, Texas. In April 2006, he taught a continuing education class on carbon management for the American Association of Petroleum Geologists. He has testified before the Metropolitan Washington Air Quality Committee (MWAQC) and Washington Metropolitan Area Transit Authority on regional air quality issues. He chairs the Environmental Subcommittee of the Greater Washington Board of Trade’s Environment & Transportation Committee and is a member of MWAQC’s Technical Advisory Committee, the entity that prepares State Implementation Plans for the Washington, D.C. metropolitan region (Virginia, Maryland, and Washington, D.C.).