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Emissions Trading System United Kingdom Greenhouse Gas Emissions

Jones Day

The Climate Report | First Quarter 2024

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The U.S. Securities and Exchange Commission has adopted much anticipated climate-related disclosure rules....more

Jones Day

UK Emissions Trading Scheme Consultations

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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

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

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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

Latham & Watkins LLP

UK Government Announces Review of Net Zero Target

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The outcome of the review may signal what climate-related laws and policies to expect in the UK in the coming years. On 8 September 2022, newly appointed UK Prime Minister Liz Truss announced that Chris Skidmore MP, a...more

Latham & Watkins LLP

UK Navigates Post-Brexit Challenges in the Environmental Regulatory Landscape

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The triggering of the CCM under the UK ETS and ongoing consultations under UK Reach signal speedbumps in the transition process. On 30 November 2021, the UK government’s Department of Business, Energy and Industrial...more

Akin Gump Strauss Hauer & Feld LLP

Developments in Emissions Trading in the U.K. and EU

As the delegates of the 26th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC) (COP26) return from two hard weeks in Glasgow, significant progress has been made on establishing...more

MoFo Life Sciences

UK’S New Emissions Trading Scheme Hosts First Auctions

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On January 1, 2021, the UK launched its very own emissions trading scheme (the “UK ETS”) exercising its autonomy since departing the EU. Under this scheme, companies operating in certain sectors can trade emission allowances...more

BCLP

Carbon pricing in the UK/Europe: ETS and CORSIA developments

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Operators in the aviation sector and the ‘stationary sectors’ (power generation, energy intensive industries, etc.) should note that the environmental regulatory framework for carbon pricing and emissions trading in the...more

BCLP

Brexit, Aviation and the EU ETS

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The start of 2019 has been marked by headlines highlighting the impact that Brexit is having on (amongst many other things) UK airlines. Regional airlines have been particularly affected by the uncertainty created by Brexit...more

Latham & Watkins LLP

Private Equity Goes Green

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In December 2015, world leaders met to negotiate the Paris Agreement. Setting aside whether the Paris Agreement goes too far, not far enough or is just right, one cannot dispute that government commitments to limit an...more

Latham & Watkins LLP

What Does COP-21 Mean for Business?

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6 Answers From Around the Globe - The historic COP-21 Paris Agreement on climate change is the first major development in the climate area at the international level since adoption of the Kyoto Protocol in 1997. ...more

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