Michael Dreibelbis

Counsel, Latham & Watkins

Mr. Dreibelbis regularly advises energy companies, financial institutions, private equity firms, and project developers on a variety of transactions and regulatory matters.

Mr. Dreibelbis advises clients on environmental commodities and low-carbon project development, including carbon capture and sequestration (CCS). Mr. Dreibelbis’ work has spanned voluntary carbon markets as well as compliance markets such as the California Cap-and-Trade Program, Renewable Fuel Standard, the California Low Carbon Fuel Standard (LCFS), and state Renewable Portfolio Standards (RPS). Mr. Dreibelbis has also advised on low-carbon and renewable project development beyond CCS, including solar, wind, biogas, and other technologies. In these markets, Mr. Dreibelbis advises clients on structuring and negotiating transactions in the context of rapidly developing commercial and regulatory environments.

Mr. Dreibelbis has also advised clients within regulatory proceedings, programs, and enforcement matters involving several California agencies, including CalGEM, the California Public Utilities Commission, and the California Air Resources Board. The scope of representation has included advocacy within notice-and-comment rulemaking and other public proceedings, counseling on compliance, and representation in the context of ratemaking and enforcement proceedings.  Mr. Dreibelbis has also advised clients on environmental issues within dozens of M&A and financing transactions.

Mr. Dreibelbis rejoined Latham after several years as associate general counsel at a publicly traded land development company in California, where he advised on matters related to net-zero project and infrastructure development, carbon credit transactions, and other matters.