News & Analysis as of

Climate Change Climate Action Plan New Regulations

Jenner & Block

Client Alert: Corporate Sustainability Due Diligence Directive: Five Key Questions Answered

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On April 24, 2024, the European Parliament approved the Corporate Sustainability Due Diligence Directive (CS3D). The directive, which must be formally endorsed by the Council of the European Union (EU) before officially...more

J.S. Held

Crosscurrents—European Union Fails to Pass Corporate Sustainability Due Diligence Directive & SEC Bails on Scope 3 Requirements

J.S. Held on

Introduction - With the adoption by 196 parties of the Paris Agreement in December 2015, legally binding international climate change arrived. The Paris Agreement requires increasingly aggressive five-year cycles climate...more

A&O Shearman

ACRA and SGX RegCo Consult on Climate-Related Disclosure

A&O Shearman on

ACRA and SGX RegCo are consulting on recommendations for climate-related disclosure reporting for Singapore companies. The recommendations cover both listed and large non-listed companies. The requirement will be rolled out...more

Troutman Pepper

Iowa AG Joins 21-State Letter Against New DOE Gas Stove Regulations

Troutman Pepper on

On April 3, Iowa Attorney General Brenna Bird (R) announced her participation in a 21-state letter, opposing new Department of Energy (DOE) gas stove regulations that the states claimed would prohibit the sale of more than...more

Cadwalader, Wickersham & Taft LLP

ISSB Announces First Two Sustainability Disclosure Standards to Come Into Force from January 2024

Following strong demand from investors for a timeline, the International Sustainability Standards Board (ISSB) has confirmed that draft IFRS S1 (General Requirements for Disclosure of Sustainability-Related Financial...more

Perkins Coie

Washington State Implements Major Programs To Reach Climate Goals

Perkins Coie on

Two climate-related regulatory programs affecting business and industry in Washington state took effect on January 1, 2023. First, the Climate Commitment Act introduces an economywide emissions cap-and-invest program. Second,...more

Cadwalader, Wickersham & Taft LLP

Crypto-Assets and Climate Change – It’s Complicated

On September 8, the White House published a report (“Climate-Crypto Report”) on Climate and Energy Implications of Crypto-Assets in the United States, which was followed by a detailed Fact Sheet summarizing the findings in...more

Jones Day

EPA Proposes Methane Emission Regulation for Existing Oil and Gas Production

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After years of attempts with varying success to regulate methane emissions from new oil and gas wells, the Biden administration has shifted strategy in proposing a regulatory program covering both new and existing oil and...more

Mintz

New Standard-Setting Body for Climate Change Disclosures Announced at Glasgow Climate Change Conference

Mintz on

The International Financial Reporting Standards Foundation, the non-profit foundation that oversees the International Accounting Standards Board, has announced the creation of the "International Sustainability Standards...more

Jones Day

Environmental Labels, Greenwashing, and Ecocide Tackled by France's New Climate Law

Jones Day on

On August 22, 2021, the French Parliament adopted the Climate and Resilience Law ("2021 Climate Law"). In aiming to accelerate the transition to a carbon-neutral and more resilient society, the 2021 Climate Law imposes...more

Foley Hoag LLP - Environmental Law

The Transportation Climate Initiative Marches Forward; It’s Not Going to Be Easy. - Law and the Environment

On March 1, the Transportation Climate Initiative jurisdictions released a draft “model rule” that would provide a template for individual state rules governing the operation of the TCI Program.  Although only three states...more

Pillsbury Winthrop Shaw Pittman LLP

EPA Doubles Down with Expansive New Methane Regulation

The Obama administration took two major steps in implementing its comprehensive climate change strategy this month, setting first-ever methane emissions standards for new, reconstructed and modified sources and simultaneously...more

King & Spalding

REGULATORY: Environmental: The President's Climate Action Plan - Mixed Messages for the Energy Sector

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On June 25, 2013 President Obama released his Climate Action Plan. He identified three overarching goals – (1) Cut domestic carbon emissions, (2) Support climate adaptation efforts, and (3) Demonstrate international climate...more

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