Exploring How the Chevron Deference Overturn Impacts Renewable Energy
Over the past few weeks there has been a lot of talk about the growth of the clean energy sector thanks to the Inflation Reduction Act. It was recently announced that since the 2022 Inflation Reduction Act, over 100,000 clean energy jobs have been created in the United States. By 2032, IREC predicts there will be over 500,000 solar jobs. Across the nation, companies have announced $265 billion in new clean energy investments.
This growth has also led to headlines like:
- “U.S. solar industry on track to install 250 GW in five years” and “Solar levelized cost of electricity 56% lower than lowest-cost fossil fuels” from PV Magazine USA
- “IRENA: Solar LCOE falls 12% year-on-year, 90% since 2010” from PV Tech
- “Chart: Solar power keeps beating expectations” from Canary Media
Recognizing the critical role that policy and regulation play in shaping the future of the energy industry, we took this opportunity to explore the potential impact of the Chevron Deference overturn—a legal doctrine that has historically provided federal agencies with broad authority to interpret ambiguous statutes. In this fireside chat, Jessica Fishman, Director of Renewables at Kiterocket, and Judah Lieblich, Environmental Attorney at Foley & Lardner LLP, discuss the implications of this potential reversal, which could significantly alter the regulatory landscape by shifting interpretive power back to the courts. They also explore potential opportunities that may arise from these changes.
