News & Analysis as of

Climate Change European Union Energy Projects

Jones Day

What Does a New UK Government Mean for Climate Change?

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On July 4, 2024, the UK general election took place, and the Labour Party won with a significant majority. After 14 years of Conservative Party rule, a number of changes are now expected in respect of the UK's position on...more

Jones Day

UK Supreme Court Quashes Planning Permission Due to a Failure to Consider Downstream (Scope 3) Greenhouse Gas Emissions

Jones Day on

The Situation: On June 20, 2024, the UK Supreme Court handed down a landmark decision in R (on the application of Finch on behalf of the Weald Action Group) (Appellant) v Surrey County Council and others (Respondents) [2024]...more

BCLP

Significant Implications for Environmental Assessment of Major Projects

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The Supreme Court’s judgment in R(Finch) v Surrey County Council [2024] UKSC 20 has potentially significant implications on how environmental impacts of major projects are assessed. The question at the heart of the case was...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

J.S. Held

Green Deal or No Green Deal: Navigating Europe’s Renewable Energy Goals

J.S. Held on

Whilst the United Kingdom (UK) no longer forms part of the European Union (EU), it remains part of Europe and still adopts common policies that were previously put in place. In fact, the UK energy sector is synonymous with...more

Latham & Watkins LLP

European RED III Seeks to Promote the Use of Green Hydrogen

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Renewable fuels of non-biological origin would play an expanded role in satisfying EU decarbonisation targets. The European Council has formally endorsed the proposed amendments to Directive (EU) 2018/2001 on the...more

Cadwalader, Wickersham & Taft LLP

French Court Dismisses “Duty of Vigilance” Case Seeking to Halt Multibillion-Dollar Oil Pipeline Project

On February 28, a French court dismissed an action filed by six French and Ugandan NGOs aiming to force the suspension of TotalEnergies’ multibillion-dollar oil pipeline project in Uganda and Tanzania. The NGOs based their...more

Latham & Watkins LLP

The Road to Net Zero: Offshore Wind Farms Are Gaining Momentum

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Germany and Europe aim to be carbon-neutral by 2050, with wind energy set to become the most significant source of energy in the future. However, in Germany, the pace of deployment is still insufficient. Chancellor Olaf...more

Cadwalader, Wickersham & Taft LLP

Investors Pressure European Banks to End Financing for New Oil and Gas Fields

On February 7, a group of 30 investors, representing over $1.5 trillion of assets under management, wrote to the CEOs and board chairs of five major European banks “urging them to stop directly financing new oil and gas...more

Hogan Lovells

Delegated Acts of the European Commission concerning renewable fuels and assessing GHG emission savings

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Already for a while the European Commission was expected to adopt delegated acts on the basis of the so-called Renewable Energy Directive II (“RED II”) which determine specific criteria in relation to renewable transport...more

A&O Shearman

A Step Towards Removing the Red-Tape For Europe’s Green Hydrogen Sector

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On September 14, 2022, the European Parliament (the Parliament) adopted its position on revised amendments to the Renewable Energy Directive (Recast) 2018 (RED II), amongst other things, proposing requirements for renewable...more

Latham & Watkins LLP

Energy & Infrastructure Insights: The Global Race for Hydrogen

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What opportunities and challenges do we face with regard to the use of green hydrogen for the complete transition to a CO2-neutral economy? Partner Dr Tobias Larisch discusses this with Markus Exenberger from H2Global. ...more

Jones Day

European Commission Awards Grants to Seven Large-Scale Projects Under the Innovation Fund

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On March 10, 2022, the European Commission ("the Commission") adopted a decision on the award of grants under the Innovation Fund ("the Fund"). A total of seven projects obtained a grant after a first call for large-scale...more

Latham & Watkins LLP

European Commission Launches Consultation on Draft 2022 State Aid Guidelines on Climate, Environmental Protection and Energy

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The Development - ..On 7 June 2021, the European Commission (EC) published a draft Communication on the “Guidelines on State aid for climate, environmental protection and energy 2022” (CEEAG) that will replace the 2014...more

Vinson & Elkins LLP

Carbon Capture - The Missing Piece In The Net Zero Puzzle?

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In December 2020, the Norwegian government approved funding the $1.6 billion Northern Lights project led by Norway’s Equinor, Anglo-Dutch Shell and France’s Total. Northern Lights is the transportation and storage element of...more

K&L Gates LLP

The Hydrogen Handbook - Germany

K&L Gates LLP on

Hydrogen—the smallest molecule, but one that holds the potential to be an energy superhero and play a significant role in reducing carbon emissions and slowing climate change. The H2 Handbook provides a comprehensive...more

BCLP

Hydrogen - are we seizing the opportunity?

BCLP on

Widely viewed as a clean-energy solution to the fuel needs of industry and transport, hydrogen technologies are expected to scale-up rapidly over the coming decade in the fight against climate change. With over 30 countries...more

Morrison & Foerster LLP

Green Bonds: Standard Deviation

We break down the key differences between the ICMA Green Bond Principles and the proposed EU Green Bond Standard in the infographic below...more

Jones Day

JONES DAY TALKS®: Riding the Green Bond Wave: Focus is on Standards as Volumes Surge

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Takeaways from this discussion: • Green bond issuance is surging worldwide, surpassing US$257 billion in 2019. • Major corporates, including many not usually associated with climate initiatives, are bringing green...more

Eversheds Sutherland (US) LLP

Green is good – green bonds continue growth

Green bonds are hot. According to the Climate Bonds Initiative, global green bond issuances in 2019 exceeded $150 billion USD through August and forecasts have increased to $250 billion USD for the year. If these forecasts...more

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