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Baker Botts L.L.P.

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

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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

(ACOEL) | American College of Environmental...

Time Has Come For A New Declaration Of Independence

The ACOEL webpage “About Us” states that we are to be “Advocates for environmental law and process for a better environmental future.” Allow me to throw down this gauntlet to Members: What “better environmental future” is the...more

Mayer Brown

Seas the Future: Singapore’s Visionary Leap into Oceanic Carbon Capture

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Replace, Reduce and Remove. The 3Rs that constitute the three-pronged approach espoused by PUB, the national water agency of Singapore, in its hefty goal of achieving net zero emissions by 2045....more

Jones Day

Climate Litigation in Australia Remains Active

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Australia continues to be a highly active jurisdiction for climate-related lawsuits. Since our last update in August 2023, we have seen a steady stream of suits commenced against corporations and government bodies in relation...more

Troutman Pepper

U.S. Government Plans to Leverage Public-Private Partnerships to Make Federal Buildings More Energy Efficient

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As the nation’s largest energy consumer, the U.S. federal government plans to curb greenhouse gas emissions across its expansive portfolio of more than 350,000 federal buildings. In a pioneering move, the Biden administration...more

Troutman Pepper

IRS Issues Proposed Regulations on Clean Hydrogen Tax Credits

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The IRS and the Treasury Department issued proposed regulations on December 26, 2023 (Proposed Regulations), providing guidance on the clean hydrogen production tax credit under Section 45V (Hydrogen PTC) and the investment...more

Sheppard Mullin Richter & Hampton LLP

NYC’s Zoning for Carbon Neutrality is Here to Stay

Over a year ago, New York City Mayor Eric Adams announced the “City of Yes”, a plan to update the City’s zoning tools to support small businesses, create affordable housing, and promote sustainability. On December 6, 2023,...more

Flaster Greenberg PC

American Carbon Emissions Fall Again - But to What End?

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Two recent studies show that, by the end of 2023, United States carbon emissions will decrease, despite an expansion in the overall economy of about 2.5 percent. That is, according to the United States Energy Information...more

Cadwalader, Wickersham & Taft LLP

Sustainable Business Group Urges EU to Cut GHG Emissions 90% by 2040

On September 5, 2023, the Corporate Leaders Group Europe (CLG Europe) published a position paper urging the European Union to cut its greenhouse gas (GHG) emissions by at least 90% by 2040, and asked EU member states to...more

A&O Shearman

Delivering Net Zero by 2050: the $200 trillion opportunity

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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

Jones Day

Decarbonizing the Health Care Sector

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At a global level, the decarbonization of the health care sector has been coordinated by the World Health Organization (WHO) COP26 Health Programme, launched at the COP26 climate summit in November 2021. Under this program,...more

Cadwalader, Wickersham & Taft LLP

Swiss Citizens Vote in Favor of New Net Zero Law

On June 18, 2023 Swiss citizens voted in favor of a new climate law intended to promote carbon neutrality by 2050. The Federal Act on Climate Protection Targets, Innovation and Strengthening Energy Security, known as the...more

Foley Hoag LLP - Energy & Climate Counsel

City of Cambridge Passes Ambitious Net Zero Building Ordinance

On June 26, 2023, the Cambridge City Council voted to amend the city’s Building Energy Use Disclosure Ordinance (BEUDO) to require large non-residential buildings to reach net zero greenhouse gas emissions by 2035 and...more

Cadwalader, Wickersham & Taft LLP

Report Underscores Challenges of Attracting Capital for Renewable Energy Development in the ASEAN Region

In April 2023, the Centre for Climate Finance & Investment and the International Energy Agency issued a report identifying and addressing the investment gap in renewable and clean energy in the Association of Southeast Asian...more

Cadwalader, Wickersham & Taft LLP

UN Requests Opinion from International Court of Justice on Climate Change Obligations

The United Nations General Assembly, the UN’s primary policy-making body, has adopted a resolution requesting an advisory opinion from the International Court of Justice (ICJ) on the obligations of its 193 member states...more

Cadwalader, Wickersham & Taft LLP

European Commission Launches Consultation on EU Climate Targets for 2040

The European Commission has launched a public consultation and a call for evidence seeking opinions on the EU’s intermediary climate targets for 2040. This is a scheduled step in the EU’s ambition to reach net-zero emissions...more

McDermott Will & Emery

Jim Beam Distillery Mixes Sustainability with Innovation

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Consumers are increasingly seeking more sustainable products, making a company’s environmental, social and governance (ESG) practices part of their purchasing decisions. In the alcohol space, breweries, wineries and...more

Vinson & Elkins LLP

New York’s Climate Action Plan

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In an ambitious step toward New York state’s climate goals, the New York State Climate Action Council approved a Scoping Plan on December 19, 2022, which sets forth a series of recommended policies and actions. The 445-page...more

Foley Hoag LLP - Environmental Law

Maura Healey Has a Climate Plan: Is It Too Ambitious Or Not Ambitious Enough?

Take my predictions with a grain of salt, because I still remember saying that Ronald Reagan would never fool enough voters to get elected, but it seems very likely at this point that Maura Healey will be the next Governor of...more

Pillsbury Winthrop Shaw Pittman LLP

California Senate Passes the Climate Corporate Accountability Act

Continuing its leadership in the battle against climate change, California takes a big step forward by requiring transparency concerning the carbon footprints of the nation’s largest corporations doing business in the state. ...more

Pullman & Comley, LLC

Connecticut DEEP Announces a New Comprehensive Energy Strategy For 2022

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The Connecticut Department of Energy and Environmental Protection (DEEP) is charged by statute with periodically preparing and implementing a Comprehensive Energy Strategy (CES).  ...more

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

Securing America's Future/Supply Chain Solutions for a Clean Energy Economy: U.S. House of Representatives Committee on Energy and...

The Energy and Environment and Climate Change Subcommittees of the United States House of Representatives Committee on Energy and Commerce held a hearing on November 16th titled: Securing America’s Future: Supply Chain...more

Quarles & Brady LLP

Illinois Regulators Take First Steps to Implement Illinois’ Recently-Enacted, Wide-Ranging Energy Legislation

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This is the second in a series of Quarles & Brady client alerts concerning the approximately 1,000-page Illinois omnibus energy legislation commonly referred to as The Climate and Equitable Jobs Act (CEJA). ...more

Goulston & Storrs PC

Boston Requires Carbon Neutrality for Existing Buildings

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Furthering the aims of Boston’s 2019 Climate Action Plan, which identified large buildings as major carbon emitters, Boston City Council amended the Building Energy Reporting and Disclosure Ordinance (BERDO) to require all...more

BCLP

Pritzker Signs Climate and Equitable Jobs Act Launching Illinois into a Renewable Energy Future

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“Decarbonization” and “Electrification” are the buzzwords floating around Illinois following Governor Pritzker’s signing of the Climate and Equitable Jobs Act (the “Act”) on September 15, 2021. As the largest and most...more

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