Webcast: Carbon Markets: What We Know and What to Expect

May 5, 2021

Join our panelists for a discussion of cap and trade programs in the United States and Europe, and a forecast of what to expect for a U.S. carbon market under the Biden administration. The panel will cover the potential for federal action by the new administration as well as the existing cap and trade systems of California, the Regional Greenhouse Gas Initiative, and the EU Emissions Trading System, including lessons learned and key takeaways from these existing systems.

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Lena Sandberg is a partner in the Brussels office where she is a member of the firm’s Energy Group. Ms. Sandberg’s practice covers all aspects of competition law, including subsidies (State aid) and she has extensive regulatory experience in the energy and environmental sectors, including gas, renewables, electricity production and transmission, carbon emission reduction schemes and hydrogen. Prior to joining Gibson Dunn, Ms. Sandberg served as Senior Officer in the Competition and State Aid Directorate at the EFTA Surveillance Authority, where she covered complex questions in the energy and environmental area particularly in the field of the EU Emissions Trading Scheme, renewable energy, energy taxes, electricity supply, carbon capture, and a string of related issues.

Jeffrey L. Steiner is a partner in the Washington, D.C. office, where he co-leads the firm’s Derivatives practice and is co-leader of the firm’s Digital Currencies and Blockchain Technology team practice. Mr. Steiner advises financial institutions, energy companies, private funds, corporations and others on compliance and implementation issues relating to derivatives and commodities trading, including compliance with CFTC, SEC, the Dodd-Frank Act, and other rules and regulations. He also helps clients to navigate through cross-border issues resulting from global derivatives and commodities requirements. Before joining the firm, Mr. Steiner was special counsel in the Division of Market Oversight at the CFTC where he handled a range of issues relating to trading and execution of futures and swaps.

Abbey Hudson is a partner in the Los Angeles office where she is a member of the Environmental Litigation and Mass Tort Practice Group. Ms. Hudson devotes a significant portion of her time to helping clients navigate environmental and emerging regulations and related governmental investigations. She has handled all aspects of environmental and mass tort litigation and regulatory compliance. She also provides counseling and advice on environmental and regulatory compliance to clients on a wide range of issues, including supply chain transparency requirements, comments on pending regulatory developments, and enforcement.

Jennifer C. Mansh is a senior associate in the Washington, D.C. office and a member of the firm’s Energy, Regulation and Litigation Practice Group. Ms. Mansh advises clients on energy litigation, regulatory, and transactional matters before the FERC, CFTC, the Department of Energy, and state public utility commissions. Ms. Mansh has represented a wide variety of electric utilities, merchant transmission companies, power marketers, and natural gas and oil pipeline companies in rate, licensing, and enforcement proceedings, and she assists clients on a variety of transactional matters and compliance issues.

Mark Tomaier is an associate in the Orange County office where he currently practices general litigation in the firm’s Litigation Department. Mr. Tomaier earned his law degree cum laude in 2017 from Harvard Law School, where he was an Articles Editor on the Harvard Environmental Law Review. In 2012, he graduated with highest honors from the University of California Berkeley with a Bachelor of Arts Degree, double majoring in English and in Rhetoric. Prior to joining the firm, Mr. Tomaier served as a law clerk to The Honorable Marilyn L. Huff in the United States District Court for the Southern District of California and as a law clerk to The Honorable Michael D. Wilson in the Supreme Court of Hawaii.


This program has been approved for credit in accordance with the requirements of the New York State Continuing Legal Education Board for a maximum of 1.0 credit hours, of which 1.0 credit hours may be applied toward the areas of professional practice requirement.

This course is approved for transitional/non-transitional credit. Attorneys seeking New York credit must obtain an Affirmation Form prior to watching the archived version of this webcast. Please contact [email protected] to request the MCLE form.

Gibson, Dunn & Crutcher LLP certifies that this activity has been approved for MCLE credit by the State Bar of California in the amount of 1.0 hours.

California attorneys may claim “self-study” credit for viewing the archived version of this webcast. No certificate of attendance is required for California “self-study” credit.