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EU Reaches Provisional Agreement on Carbon Import Charge

Key Points - The co-legislators of the EU recently reached a provisional agreement on a regulation for a CBAM. CBAM will require importers to the EU of covered carbon-intensive products to pay a charge for the carbon...more

Analysis of New CEQ Interim Guidance on Consideration of Greenhouse Gas Emissions and Climate Change under NEPA

The Council on Environmental Quality (CEQ) recently issued interim guidance titled National Environmental Policy Act Guidance on Consideration of Greenhouse Gas Emissions and Climate Change (CEQ-2022-0005). The guidance...more

This Week’s Climate Policy Update - January 2023 #3

In a collaborative effort to slash transportation-related emissions, the Department of Transportation (DOT), Department of Energy (DOE), Department of Housing and Urban Development (HUD) and Environmental Protection Agency...more

This Week’s Climate Policy Update - January 2023 #2

Continuing the Biden administration’s whole-of-government approach to addressing climate change, the White House Council on Environmental Quality (CEQ) issued its Guidance on Consideration of Greenhouse Gas Emissions and...more

This Week’s Climate Policy Update - January 2023

Good evening! This is Akin Gump’s weekly policy newsletter on climate change policy and regulatory developments, providing information on major climate policy headlines from this past week and forthcoming climate-related...more

This Week’s Climate Policy Update - November 2022 #3

[co-author: Kerry Mackenzie and Leila Fleming] The Federal Acquisition Regulatory Council (FAR Council) released a proposed rule that would establish greenhouse gas emissions reporting requirements that would impact...more

This Week’s Climate Policy Update - November 2022 #2

[co-authors: Kerry Mackenzie and Leila Fleming] With COP 27 in full swing and the midterm elections concluding, various climate policy developments are underway. The Environmental Protection Agency (EPA) announced its...more

COP27: A Fair COP or a COP Out?

The UN Conference of the Parties can be baffling. Here are Alex Harrison’s and Ken Markowitz’s key takeaways from week 1 of COP27 in Sharm el-Sheik, Egypt...more

Executive Order on Forests, Communities, and Local Economics Comment Period Open

The Department of State (“State Department”) recently announced that it is seeking public comments related to the Biden-Harris administration’s Executive Order on Strengthening the Nation’s Forests, Communities, and Local...more

This Week’s Climate Policy Update - October 2022 #2

[co-author: Leila Fleming] Good evening! This is Akin Gump’s weekly policy newsletter on climate change policy and regulatory developments, providing information on major climate policy headlines from this past week and...more

The Inflation Reduction Act Applies the Polluter Pays Principal: Carbon Tax Will Accelerate Reduction of Methane Emissions

The Inflation Reduction Act (“IRA”) includes a variety of incentives, including tax credits and grants, for US industries to reduce greenhouse gas (“GHG”) emissions. The IRA also includes a significant “disincentive” for...more

High Court Judgment on U.K. Government Net-Zero Strategy

The High Court of England and Wales (the “High Court”) recently ruled1 that the U.K. government’s Net Zero Strategy (NZS) breached the detail and reporting requirements of the Climate Change Act 2008 (“CCA 2008”). In this...more

This Week’s Climate Policy Update - August 2022 #3

Good evening! This is Akin Gump’s weekly policy newsletter on climate change policy and regulatory developments, providing information on major climate policy headlines from this past week and forthcoming climate-related...more

This Week’s Climate Policy Update - August 2022 #2

[co-author: Leila Fleming] Good evening! This is Akin Gump’s weekly policy newsletter on climate change policy and regulatory developments, providing information on major climate policy headlines from this past week and...more

CFTC Turns Spotlight on the Voluntary Carbon Markets

The Commodity Futures Trading Commission (CFTC) is joining other federal agencies in the move toward a whole-of-government approach to the mitigation of climate-related financial risk. The CFTC has taken steps this...more

This Week’s Climate Policy Update - July 2022 #4

[co-author: Leila Fleming] Good evening! This is Akin Gump’s weekly policy newsletter on climate change policy and regulatory developments, providing information on major climate policy headlines from this past week and...more

California Climate Disclosure Legislation Clears Critical Hurdles

Legislation to “prevent corporate greenwashing” by requiring major companies doing business in California to publicly disclose their scope 1, 2 and 3 greenhouse gas (GHG) emissions has cleared two critical committees....more

US Food Sector Needs to Implement Climate Action Plans to Feed Demand from Hungry Investors

As corporations increasingly make public commitments to reduce greenhouse gas (GHG) emissions, allegations of “greenwashing” have been elevated to the global stage. Consumers, investors and government bodies alike are seeking...more

‘Major Questions’? Supreme Court Decision in Climate Change Case Sends Ripples Across the Regulatory Landscape

Key Points- For the first time, the Supreme Court has invoked explicitly the “major questions doctrine”—which requires Congress to speak clearly when authorizing agency action in certain extraordinary cases—to strike...more

This Week’s Climate Policy Update - July 2022

[co-author: Leila Fleming] Supreme Court Restricts the EPA’s Authority to Mandate Carbon Emissions Reductions (NPR) - On Thursday, the Supreme Court invoked the “Major Questions Doctrine” in West Virginia v. EPA to...more

FAA Proposes New Fuel Efficiency Standards for Large Aircraft Flying in the United States

On June 15, 2022, the Federal Aviation Administration (FAA) issued a proposed rule that would require large aircraft flying in the United States’ airspace to satisfy enhanced fuel efficiency standards. The proposal,...more

This Week’s Climate Policy Update

Good evening! This is Akin Gump’s weekly policy newsletter on all things climate change. Below are the major federal climate policy headlines of the past week - House Appropriators Release Bill to Bolster EPA, Interior...more

EU Parliament Votes On Climate Agenda

During the plenary session held the first week of June, the European Parliament voted on several items related to the European Union’s (EU) “Fit for 55” climate package. Debate and division continue to be strong. Key...more

The (Carbon) Cost of Doing Business: Private Companies Prepare to Assess and Report GHG Emissions to Value Chain Partners

The U.S. Securities and Exchange Commission’s (SEC) proposed amendments on climate-related disclosures would require public companies, or “registrants,” to provide detailed climate-related information in their registration...more

HHS Invites Health Care Industry to Make Climate Pledge

Key Points - U.S. hospitals, health systems, suppliers, pharmaceutical companies and other industry stakeholders are invited to submit voluntary pledges to reduce greenhouse gas emissions and increase their climate...more

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