News & Analysis as of

Carbon Emissions Greenhouse Gas Emissions Net Zero

Kelley Drye & Warren LLP

Tyson Faces Lawsuit Over Net Zero Claims

Last week, the Environmental Working Group (“EWG”) filed a lawsuit against Tyson Foods in DC Superior Court under the DC Consumer Protection Procedures Act (“CPPA”), accusing the country’s second-largest meat company of...more

Morrison & Foerster LLP

Prepare to Disclose: California Legislature Declines to Extend AB 1305 Voluntary Carbon Market Disclosure Deadline, Leaves...

Last year, California passed three first-in-the-nation climate laws imposing disclosure obligations on thousands of companies with a presence in California. In October of 2023, California signed into law AB 1305, requiring...more

Baker Botts L.L.P.

P2N0 - Edition 15 - News and Views on the Drive Towards Net-Zero GHG Emissions

Baker Botts L.L.P. on

Welcome to the Edition 15 of P2N0 covering the drive to reduce greenhouse gas (GHG) emissions to net-zero (NZE). P2N0 identifies significant news items globally, reporting on them in short form, focusing on policy settings...more

Baker Botts L.L.P.

P2N0 - Edition 14 - News and Views on the Drive Towards Net-Zero GHG Emissions

Baker Botts L.L.P. on

Welcome to the fourteenth edition of P2N0 covering the drive to reduce greenhouse gas (GHG) emissions to net-zero (NZE). P2N0 identifies significant news items globally, reporting on them in short form, focusing on policy...more

King & Spalding

CO2 Exports in Asia Pacific: Japan’s Approval of the 2009 Amendment to the London Protocol

King & Spalding on

In this Alert, we review the impact of the recent acceptance by the Japan Diet of the 2009 Amendment to the London Protocol. Acceptance of the Amendment provides a critical enabler for the export of CO2 from Japan for...more

Cadwalader, Wickersham & Taft LLP

Cadwalader Climate - July 2024 #3

This week, we discuss the first settlement between a state and a group of young plaintiffs who claimed that their government’s inadequate climate policies violated their constitutional right to a healthy environment. We...more

K&L Gates LLP

ESG—Australia - Carbon Offsets: Australian Regulatory Framework

K&L Gates LLP on

Taylor Swift’s “Eras Tour” was one of the highest grossing music tours of all time with approximate proceeds exceeding US$1 billion. While this is a monumental feat, Taylor Swift also gained negative attention during the tour...more

Jones Day

The Climate Report | Second Quarter 2024

Jones Day on

REGULATORY ISSUES & UPDATES - Recent Evolution of the European Regulatory Framework on Greenwashing - Two new Directives adopted by the EU in 2024—the "Empowering Consumers Directive" and the "Green Claims...more

Perkins Coie

Federal Joint Policy Statement and Principles on Voluntary Carbon Markets Emphasize Consistency and Reliability

Perkins Coie on

The U.S. Department of the Treasury (Treasury) announced a new joint statement of policy and new principles (Joint Statement) for responsible participation in voluntary carbon markets (VCMs) with the U.S. Department of...more

Jones Day

UK Emissions Trading Scheme Consultations

Jones Day on

In December 2023, the United Kingdom's Department for Energy Security and Net Zero ("DESNZ") launched two consultations to garner views on the efficient operation of the UK's Emissions Trading Scheme ("ETS")....more

A&O Shearman

Infrastructure delivery for the route to Net Zero

A&O Shearman on

Are regulations across the lifecycle of a low-carbon infrastructure project helping or hindering the transition? What structures helping the route to Net Zero have been introduced so far? In which fields is work still to be...more

Goldberg Segalla

FAA to Implement Final Rules for Most Large Aircraft to be Built

Goldberg Segalla on

As part of the United States Aviation Climate Action Plan – which strives to achieve net zero greenhouse gas emissions for United States Aviation by 2050 – the Federal Aviation Administration announced earlier this month its...more

Pillsbury Winthrop Shaw Pittman LLP

California Combats Greenwashing with New Voluntary Carbon Offset and Carbon-Neutral and Low-Carbon Product Disclosure Law

California’s unprecedented AB 1305 law purports to target “greenwashing” by mandating public disclosures about virtually any claim of “significant” carbon reductions, but its broad wording and uncertain effective date raise...more

Jones Day

Maryland to Propose Building Energy Performance Standards

Jones Day on

The Maryland Department of the Environment ("MDE") will publish proposed rules limiting greenhouse gas ("GHG") emissions from covered buildings and requiring covered building owners to submit detailed energy performance...more

Akin Gump Strauss Hauer & Feld LLP

COP28 - December 6, 2023 Recap

COP28 - December 6, 2023 Recap - Today’s COP28 theme – Multilevel Action, Urbanization and Built Environment/Transport – saw the hosting of a Ministerial Meeting on Urbanization and Climate Change and the release of the...more

Bowditch & Dewey

Massachusetts Climate Chief Recommends Changes to Address Climate Crisis

Bowditch & Dewey on

Massachusetts Office of Climate Innovation and Resilience Climate Chief Melissa Hoffer’s must-read report, which was released on October 25, 2023, and issued pursuant to Section 3(b) of Executive Order (“EO”) No. 604 outlines...more

Paul Hastings LLP

New California Law Imposes Anti-Greenwashing Disclosure Requirements Starting January 2024

Paul Hastings LLP on

While California’s Climate Accountability Package has received much recent attention, another California climate disclosure bill targeting corporate greenwashing was also signed into law on October 7, 2023, and its...more

Vinson & Elkins LLP

California’s Combatting of Greenwashing in the Voluntary Carbon Market

Vinson & Elkins LLP on

Much of the attention on California of late has focused on the passing of two climate-related disclosure laws; namely, the Climate Corporate Data Accountability Act (“CCDAA”) (SB 253) and the Climate-Related Financial Risk...more

White & Case LLP

Decarbonizing the industry sector with small modular reactors

White & Case LLP on

According to the 2022 World Energy Outlook of the International Energy Agency, the industry sector generates 45 percent of the total direct emission from end-users and it will be extremely difficult to reach net zero without...more

Morgan Lewis - Power & Pipes

Voluntary Carbon Market Disclosures Act Compliance Deadline Approaches

The compliance deadline for the Voluntary Carbon Market Disclosures Act (VCMDA) is quickly approaching, but the statutory language of the VCMDA leaves open for interpretation several key issues, including threshold...more

Fenwick & West LLP

California Adopts Bill Regulating Net Zero, Carbon Offset Disclosures

Fenwick & West LLP on

California Adopts Bill Regulating Net Zero, Carbon Offset Disclosures - On October 7, 2023, California adopted new requirements that will impact the voluntary carbon offset market and companies making certain emissions...more

Cadwalader, Wickersham & Taft LLP

U.S. Treasury Unveils Principles to Guide Financial Institutions’ Net-Zero Commitments

On September 19, 2023, the U.S. Treasury Department introduced nine guiding principles for private sector financial institutions that have made net-zero commitments. The principles are intended to highlight and encourage the...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

Troutman Pepper

Tennessee-Led Coalition of 22 State AGs Sends Warning Letter to Financial Service Providers Committed to “Net-Zero” Emissions

Troutman Pepper on

On September 13, Tennessee Attorney General (AG) Jonathan Skrmetti sent a letter to members of the Net Zero Financial Service Providers Alliance (NZFSPA) warning that their commitment to support “global net zero greenhouse...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

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