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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

Cadwalader, Wickersham & Taft LLP

Cadwalader Climate - March 2024 - #2

Greenwashing Beef Production - On February 28, New York State Attorney General (NYAG) Letitia James filed a lawsuit with the New York Supreme Court against meat processing company JBS USA for misleading the public about its...more

Cadwalader, Wickersham & Taft LLP

Climate Action Group Publishes First Net Zero Standard for Mining

On September 6, 2023, climate-focused investor engagement initiative Climate Action 100+ (CA100+) published the Net Zero Standard for Diversified Mining (the Standard), allowing investors to assess the transition plans of...more

Cadwalader, Wickersham & Taft LLP

UK Government to Publish Guidance on Public Sector Emissions Monitoring and Reporting

In August 2023, the UK government announced that it would publish guidance on emissions monitoring and reporting for public sector organizations in order to help achieve its aim to reduce direct greenhouse gas emissions from...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

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

Bennett Jones LLP

Federal Government Asserts Jurisdiction over Electricity in New Draft Regulations

Bennett Jones LLP on

The Canadian government released its long-anticipated draft Clean Electricity Regulations (Regulations) on August 10, 2023, setting out its approach to mandating a net-zero emissions power grid by 2035. In this note, we offer...more

Gray Reed

Climate Litigation Update

Gray Reed on

You might recall our posts on litigation by states, counties, and cities blaming a host of calamities, real and imagined, past and future, on Big Oil. The producers tried their best to remove the cases to federal court. In a...more

Latham & Watkins LLP

Unprecedented Buildout of Renewables and Transmission Necessary for California Decarbonization

Latham & Watkins LLP on

The state must dramatically expand its energy infrastructure and renewable energy sources to satisfy growing demand for electricity while meeting ambitious climate goals, according to California Independent System Operator’s...more

J.S. Held

Canada’s Oil and Gas Emissions Cap: Options for the ECCC Proposal

J.S. Held on

Options to cap and cut emissions from the Canadian oil and gas sector were proposed by Environment and Climate Change Canada (ECCC) in July 2022. Reducing oil and gas sector emissions is necessary for Canada to achieve its...more

Cadwalader, Wickersham & Taft LLP

Australian Carbon Market and Safeguard Mechanism Reform

A recently published independent review of Australia’s carbon credit units (ACCU) scheme, commissioned by the Australian government, has found that the ACCU scheme is “essentially sound,” but provides 16 recommendations to...more

Perkins Coie

COP27: Four Takeaways for Business Leaders

Perkins Coie on

The 27th United Nations Climate Change Conference of the Parties (COP27) was held in Sharm el-Sheikh, Egypt, in November 2020. While much was discussed, there are four takeaways that may be of greatest interest to business...more

Stikeman Elliott LLP

Canada’s Innovation Funding and the Pursuit of a Clean Economy

Stikeman Elliott LLP on

As part of an effort to move towards global carbon neutrality, Canada published its 2030 Emissions Reduction Plan in March of 2022 which focuses on achieving net-zero carbon emissions by 2050. Working towards a strong economy...more

Bilzin Sumberg

Miami-Dade County Continues to Advance Climate Action Strategy in 2022

Bilzin Sumberg on

On April 22, 2021, Miami-Dade County released a draft Climate Action Strategy for public comment. In December 2021, Miami-Dade County released the final version of its Climate Action Strategy....more

A&O Shearman

Trust, but Verify: The Recipe for A Global Carbon Credit Trading System

A&O Shearman on

The Need for a Unified Carbon Credit Market - Industries which cannot easily decarbonize would love to be able to claim reductions in net greenhouse gas (GHG) emissions by “offsetting”—creating or buying carbon credits....more

Stikeman Elliott LLP

Canada Releases its New 2030 Emissions Reduction Plan

Stikeman Elliott LLP on

On March 29, 2022, the Minister of Environment and Climate Change, supported by Prime Minister Justin Trudeau, tabled Canada’s new 2030 Emissions Reduction Plan (the “Plan”). The Plan describes the existing and new measures...more

Stikeman Elliott LLP

COP26: Key Takeaways and Action Items on Climate Change (Part II)

Stikeman Elliott LLP on

In our previous post, we highlighted a number of global goals and campaigns aimed at addressing climate change. In this post, we examine climate change-oriented policies and initiatives that are being adopted by many...more

Perkins Coie

The Biden Administration’s Plan for a Zero-Carbon Federal Government by 2050

Perkins Coie on

President Biden signed an executive order (Order) on December 8, 2021, directing the federal government to use its scale and procurement power to slash its carbon emissions by 65% by 2030 and achieve net-zero emissions by...more

Stikeman Elliott LLP

COP26: Key Takeaways and Action Items on Climate Change (Part I)

Stikeman Elliott LLP on

In recent weeks, there has been a lot written about the COP26 United Nations Annual Climate Change Conference, which was held in Glasgow, Scotland between October 31 and November 13, 2021. The central goal of the COP26...more

Jones Day

UK Government Adopts Ambitious Sixth Carbon Budget

Jones Day on

The Climate Change Act 2008 requires the UK government to achieve net-zero greenhouse gas ("GHG") emissions by 2050. Progress toward this commitment is to be driven via a series of five-year carbon budgets. The sixth budget,...more

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