News & Analysis as of

Carbon Emissions

Mayer Brown

IMO Approves New Regulatory Package to Decarbonize International Maritime Transport

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Between April 7 and 11, 2025, during the 83rd session of the Marine Environment Protection Committee (MEPC), the International Maritime Organization (IMO) approved a new set of regulatory measures aimed at reducing greenhouse...more

Neal, Gerber & Eisenberg LLP

2025 Earth Day Newsletter

Our NGE community is proud to share our annual newsletter reflecting our commitment to this year’s Earth Day global theme, Our Power, Our Planet with an emphasis on harnessing renewable energy to build a healthy and resilient...more

Troutman Pepper Locke

Empire Wind 1 Stop-Work Order Targets Offshore Wind but Raises Questions for Other Industries

Troutman Pepper Locke on

On Wednesday, April 16, Secretary of the Interior Doug Burgum directed the Bureau of Ocean Energy Management (BOEM) to order Equinor to “stop work” on its 812 megawatt Empire Wind 1 project just outside of New York Harbor....more

Jones Day

The UN's International Maritime Organization to adopt a framework to reduce greenhouse gas emissions from ships

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During its 83rd session from April 7 to 11, 2025, the International Maritime Organisation's (IMO) Marine Environment Protection Committee (MEPC) approved, among other things, new fuel standards for ships and the first...more

Latham & Watkins LLP

China Expands Its National Carbon Emission Trading Scheme to More Industries

Latham & Watkins LLP on

On March 26, 2025, China’s Ministry of Ecology and Environment (the MEE) published the “Work Plan for the National Carbon Emissions Trading Market Covering the Steel, Cement, and Aluminum Smelting Industries” (the Work Plan)....more

Baker Botts L.L.P.

P2N0 - Edition 29 - News and Views on the Drive Towards Net-Zero GHG Emissions

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Welcome to Edition 29 of P2N0 covering the drive to avoid, reduce and remove greenhouse gas (GHG) emissions to reach net-zero emissions (NZE). P2N0 covers significant news items globally, reporting on them in short form,...more

Paul Hastings LLP

CBAM, but Make It Simple: The EU’s CBAM Omnibus Package — in Short

Paul Hastings LLP on

In the first Omnibus packages, introduced on February 26, 2025, the European Commission (EC) has (among other proposals, which we have covered in detail here) proposed changes to streamline the Carbon Border Adjustment...more

Ankura

Energy Transition: Investing in Emission Reduction vs. Purchasing Carbon Certificates: A Cost-Benefit Analysis

Ankura on

The main agreements reached by the international community at COP28 (Dubai, 2023) included decisions to phase out the use of hydrocarbons, committing countries to: a) transition away from fossil fuels to achieve net-zero...more

Cozen O'Connor

New York City Local Law 97 Deadline: May 1, 2025

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As previously advised, the first compliance report required under New York City’s Local Law 97 (LL97) is due by May 1, 2025. LL97 requires most buildings over 25,000 square feet to limit carbon emissions or face significant...more

Pillsbury Winthrop Shaw Pittman LLP

EPA Announces Sweeping Deregulatory Agenda: The Complete Set of EPA’s 31 Actions and Affected Environmental Regulations

In what it called “the greatest and most consequential day of deregulation in U.S. history,” the Environmental Protection Agency (EPA) announced its most expansive deregulatory initiative to date on March 12, 2025. Through a...more

Womble Bond Dickinson

The Third Time’s A Charm: Colorado Adds Nuclear Energy as a Clean Energy Resource

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After considering similar legislation in two prior sessions, the Colorado General Assembly passed, and Gov. Jared Polis signed into law, House Bill 25-1040 which explicitly adds nuclear energy to the state’s statutory...more

Baker Botts L.L.P.

P2N0 - Edition 28 - News and Views on the Drive Towards Net-Zero GHG Emissions

Baker Botts L.L.P. on

Welcome to Edition 28 of P2N0 covering the drive to avoid, reduce and remove greenhouse gas (GHG) emissions to reach net-zero emissions (NZE). P2N0 covers significant news items globally, reporting on them in short form,...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Carbon Accounting Tool: American Biogas Council Announces Launch

The American Biogas Council (“ABC”) announced on March 3rd its launch of its Biogas Carbon Accounting Tool (“Tool”). The stated goal of the Tool is to: …provide this science-based tool to any entity generating...more

Jones Day

SBTi Releases Draft Revision of Corporate Net-Zero Standard

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The Science Based Targets initiative (SBTi) has released a 132-page draft revision of the Corporate Net-Zero Standard (Version 2.0). Key proposed changes include...more

Hanson Bridgett

Trucks, Trains, and Automobiles: Untangling the Status of California’s Vehicle Emission Waivers

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Vehicle manufacturers and operators in California are no stranger to complex regulations, with the California Air Resources Board’s (CARB) history of pioneering mobile emission regulations. ...more

Environmental General Counsel PC

A European Perspective on Sustainability, CSRD, and the Omnibus Package: An Interview with Ferruccio Bongiorni of Studio Bongiorni

Environmental General Counsel (“EGC”) Founder and Principal Catherine W. Johnson recently interviewed Ferruccio Bongiorni, Founder and Managing Director of Studio Bongiorni located in Milan, Italy, about sustainability issues...more

Jones Day

German Landmark Climate Change Litigation Case Continues

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A Peruvian farmer's climate action lawsuit against a German energy company was continued recently before the Higher Regional Court in Hamm, Germany....more

Jones Day

The Climate Report | First Quarter 2025

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New Carbon Removal Certification Framework in Europe - A voluntary certification framework adopted by the EU aims to enhance the credibility and transparency of carbon removal activities within the EU to support its...more

Paul Hastings LLP

EU Omnibus: Adjustments to the Carbon Border Adjustment Mechanism — What Do They Mean for Businesses?

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European Central Bank President Mario Draghi’s report The Future of European Competitiveness highlights the need for a regulatory environment that enhances Europe’s competitiveness and resilience. Similarly, the Budapest...more

Jones Day

The ICVCM and REDD+ Standards: Implications for Voluntary Carbon Markets

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REDD+ stands for Reducing Emissions from Deforestation and Forest Degradation, with the "+" representing the additional focus on conservation, sustainable management, and forest carbon stock enhancement. Originally formalized...more

Womble Bond Dickinson

Potential Rollback of Biden's Climate Policies Targets Billions in Clean Energy Projects

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According to media reports, Energy Department officials are compiling a list of clean energy projects, awarded billions of dollars, that could be overturned by the Trump administration in what may become the most significant...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights, V 9, Issue 3, March 2025

Welcome to our third issue of Currents 2025. Again, thank you for reading! Power Plays and Fueling Tension: Trade War Ripples Through North American Energy Markets - President Trump's pursuit of U.S. energy dominance,...more

Jones Day

PHMSA Issues Proposed Rule Seeking to Impose Enhanced Safety and Operational Requirements on Carbon Dioxide Pipelines

Jones Day on

On January 10, 2025, the Pipeline and Hazardous Materials Safety Administration ("PHMSA") issued a proposed rule setting forth revisions to the federal Pipeline Safety Regulations ("PSR") (49 C.F.R. Parts 190-99) to include...more

Vinson & Elkins LLP

Outlook on the New Administration: What’s Next for Renewable Fuels?

Vinson & Elkins LLP on

If past is prologue, while the second Trump administration is expected to take a number of actions that could lead to increased volatility with respect to renewable identification number (“RIN”) prices just as the first did,...more

Bennett Jones LLP

IPPSA 2025 and Alberta's New Market: If They Build It, Who Will Come?

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Once again, it was a great opportunity to attend the Independent Power Producers Society of Alberta (IPPSA) Annual Conference and to meet with industry, government and regulatory authorities on issues facing our electricity...more

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