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Carbon Emissions Environmental Policies United Kingdom

Cadwalader, Wickersham & Taft LLP

Cadwalader Climate - September 2024 #3

In this week’s edition, we discuss the Swiss Government’s rejection of a landmark ruling that the country had violated the human rights of a group of its citizens by failing to take adequate action on climate change; a report...more

Mayer Brown

The UK Forest Risk Commodity Regulation ("UKFRC") | One to Watch in the Coming Year

Mayer Brown on

INTRODUCTION - Deforestation is now the second leading cause of climate change globally, after burning fossil fuels, and is responsible for around 11% of all greenhouse gas emissions.  In the last 60 years more than half...more

Jones Day

UK Government Challenged Over Net-Zero Rollback

Jones Day on

The UK government's decision to rollback and delay policy commitments designed to help achieve net zero by 2050 will be challenged in the High Court later this year....more

Cadwalader, Wickersham & Taft LLP

Cadwalader Climate - April 2024 #4

In this week’s edition, we discuss the European Parliament’s approval of a certification framework that is set to govern carbon removal activities, including the proper certification of carbon credits. Europe continues to...more

Mayer Brown

Consultation on UK Carbon Border Adjustment Mechanism ("CBAM")

Mayer Brown on

The UK Government launched a Consultation on the introduction of a UK CBAM on 21 March 2024.  The Consultation closes on 13 June 2024.  This follows the announcement, in December 2023, that the UK would implement a UK CBAM...more

A&O Shearman

UK carbon border adjustment mechanism: shaping up ahead of 2027

A&O Shearman on

In 2027, the UK will introduce a carbon border adjustment mechanism (CBAM) on imports of certain carbon intensive goods. The CBAM will impose a charge on the emissions embodied in relevant imports that take place on or after...more

A&O Shearman

The UK gives the green light to a UK CBAM and consults on the UK ETS

A&O Shearman on

The UK has finally confirmed that it will be following the EU and introducing its own Carbon Border Adjustment Mechanism (CBAM) to be implemented by 2027. It published the eagerly awaited outcome of its consultation on...more

A&O Shearman

Delivering Net Zero by 2050: the $200 trillion opportunity

A&O Shearman on

Until now, however, no comprehensive estimate existed of the of that opportunity, (or, to put it another way, the size of the financing gap between committed spending and the investment needed to deliver Net Zero by 2050...more

Cadwalader, Wickersham & Taft LLP

UK Climate Change Committee’s 2023 Progress Report Urges Action to Meet Climate Targets

The UK Climate Change Committee (CCC) recently released its 2023 statutory report, evaluating the UK’s progress towards reducing greenhouse gas emissions and meeting carbon reduction targets. This report, mandated by the...more

Latham & Watkins LLP

Investing in UK CCUS Projects - Opportunities and Challenges

Latham & Watkins LLP on

With the recent UK “Green Day” announcements confirming the government’s support for CCUS, interest in UK CCUS projects is expected to continue to grow. While there are significant opportunities for investors, careful...more

Hogan Lovells

A Deep Dive into the UK Transition Plan Taskforce Disclosure Framework

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In this article we consider the UK Transition Plan Taskforce (TPT) and the draft disclosure framework which was published in November 2022 for consultation. The TPT disclosure framework sets out voluntary “gold standard”...more

Cadwalader, Wickersham & Taft LLP

UK’s Advertising Regulator Publishes Rules on Making Carbon Neutral and Net-Zero Claims

On February 10, the UK’s advertising regulator, the Advertising Standards Authority (ASA), announced the publication of updated guidance for advertisers making environmental sustainability-related claims to consumers,...more

Cadwalader, Wickersham & Taft LLP

BEIS Commissioned Review of UK Delivery of Net Zero

On January 13, an independent report was published into the UK government’s approach to delivering on its net zero obligations. The review, commissioned by the Department for Business, Energy & Industrial Strategy (BEIS), was...more

BCLP

RICS Sustainability Report 2022: some green shoots?

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In recent years there has been recognition within the UK construction industry of the importance of the reduction of carbon emissions. Major standard forms have responded to market demand and made provision for carbon...more

Akin Gump Strauss Hauer & Feld LLP

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

Morgan Lewis

Carbon Capture, Usage, and Storage: UK Regulatory Regime

Morgan Lewis on

The Energy Security Bill, announced in the Queen’s Speech 2022, aims to facilitate the United Kingdom’s transition to cheaper, cleaner, and more secure energy. As part of the legislative agenda for the remainder of the...more

Hogan Lovells

UK sustainability and building owners: paving the way to net zero

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With the clock ticking on the 2050 net zero target, what’s next on the sustainability agenda for building owners? As 2022 gets under way, the UK is another year closer towards the government’s target of achieving net zero by...more

Jones Day

UK Government Faces Judicial Review Challenge Over Net Zero Strategy

Jones Day on

Three months after hosting the COP26 climate summit in Glasgow, and as required by the Climate Change Act 2008, the UK government published its third five-year risk assessment of climate change on the United Kingdom....more

Latham & Watkins LLP

Science Based Targets Initiative Sets 2022 Action Plan

Latham & Watkins LLP on

Market participants can expect the initiative’s proposals to offer guidance on setting targets for emissions reduction and decarbonisation. On 12 January 2021, the Science Based Targets initiative (SBTi) published its...more

Latham & Watkins LLP

UK Net Zero Strategy: Understanding the Impact on Key Sectors

Latham & Watkins LLP on

The strategy sets out plans to reduce emissions from key sectors of the UK economy to ensure that the UK remains on track for net zero by 2050. On 19 October 2021, the UK government published its climate change strategy,...more

Jones Day

UK Government Adopts Ambitious Sixth Carbon Budget

Jones Day on

The Climate Change Act 2008 requires the UK government to achieve net-zero greenhouse gas ("GHG") emissions by 2050. Progress toward this commitment is to be driven via a series of five-year carbon budgets. The sixth budget,...more

Foley & Lardner LLP

Global Greenhouse Gas Emissions Increase in the Spotlight as G-7 Summit Begins

Foley & Lardner LLP on

The G-7 summit will be held June 11-13 in the United Kingdom, and world leaders have a slate of major issues to discuss- economic rebounds, international relations, and of course the pandemic and vaccine availability. ...more

WilmerHale

Biden Administration Highlights Commitment to Addressing Climate Change at International Summit

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In an extended Earth Day event, President Biden hosted the virtual Leaders Summit on Climate (“Summit”) on April 22 and 23, seeking to unite nations around the world in the goal of reducing global greenhouse gas (“GHG”)...more

Hogan Lovells

A change in the wind? Heathrow expansion policy ruled unlawful in victory for climate campaigners

Hogan Lovells on

The Court of Appeal returned a ruling on 27 February 2020 that the UK government's policy statement which included the government's approval of the Heathrow expansion was unlawful because it did not consider the impact of the...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - February 2020

The Insanity is Over: ‘Navigable’ Now Means ‘Navigable’ Again - "The Trump administration has now announced that the intentionally ambiguous and easily abused Waters of the United States Rule has been replaced by the new,...more

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