# Dominion Energy

Type: Company (D)

Source: Legal & RegTech Intelligence Brief — https://getlegalbrief.com/entity/dominion-energy
Canonical HTML page: https://getlegalbrief.com/entity/dominion-energy

## Timeline

- **2026-05**: New York rolls back climate law — Replaced binding 2030 target with non‑binding 2040 goal; killed a pending lawsuit over non‑compliance.
- **2026-05**: Hawaii phases out renewable energy tax credit — Governor’s tax cut package eliminated the key incentive that fueled rooftop solar adoption.
- **2026-03-23**: Settlement Announced — DOI announces $1B refund deal for TotalEnergies to exit the U.S. wind market.
- **2026-02-15**: Court Ruling — Federal judges allow wind construction to resume, rejecting the government's security claims.
- **2026**: California relaxes emissions rules — Handed billions in compliance allowances to oil refineries and large polluters, weakening cap‑and‑trade.
- **2025-12-20**: Construction Halt — Trump administration attempts to stop five East Coast wind projects citing national security.
- **2025-11-05**: Trump Elected — TotalEnergies pauses its U.S. offshore wind projects immediately following the election results.
- **2022**: Lease Acquisition — TotalEnergies acquires offshore wind leases in NY and NC during the Biden administration.
- **2020**: Virginia passes Clean Economy Act — Established a schedule to retire fossil fuel power plants.
- **2019**: NY passes Climate Leadership and Community Protection Act — Set mandatory renewable energy and emissions reduction targets, including a 40% reduction by 2030.

## Recent coverage (2 stories)

### NY kills 2030 climate law to dodge lawsuit — a legal playbook for 2026 rollbacks
2026-06-18 00:26:17 · Sentiment: Bearish · Impact: 7/10 · Sources: 3

New York became the first state to legislatively rescind a binding climate target, using a statutory amendment to nullify a court loss. This retreat, alongside similar moves in Virginia, Hawaii, and California, signals a new era of legal fragility for state‑level environmental mandates.
Full story: https://getlegalbrief.com/story/ny-climate-law-rollback-lawsuit-legal-precedent

### Trump Admin to Pay TotalEnergies $1B to Exit US Offshore Wind Leases
2026-03-24 00:12:22 · Sentiment: Bearish · Impact: 8/10 · Sources: 7

The U.S. Department of the Interior has reached a $1 billion settlement with TotalEnergies to terminate offshore wind leases off the coasts of New York and North Carolina. In exchange for the refund, the French energy giant has pledged to cease U.S. offshore wind development and pivot its capital toward domestic liquefied natural gas and oil projects.
Full story: https://getlegalbrief.com/story/trump-totalenergies-offshore-wind-settlement

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