News & Analysis as of

Environmental Policies Imports Climate Change

Mayer Brown

Consultation on UK Carbon Border Adjustment Mechanism ("CBAM")

Mayer Brown on

The UK Government launched a Consultation on the introduction of a UK CBAM on 21 March 2024.  The Consultation closes on 13 June 2024.  This follows the announcement, in December 2023, that the UK would implement a UK CBAM...more

Foley & Lardner LLP

Promoting Human Rights and Environmental Sustainability: Integrating Ethics into the Supply Chain

Foley & Lardner LLP on

Companies of all sizes are increasingly scrutinized on adherence with Environmental, Social, and Governance (“ESG”) metrics. In particular, manufacturers and customers at both ends of the supply chain are evaluated on metrics...more

Mayer Brown

Deforestation Regulation: Impacts of a Possible Delay in Risk Classification of Countries and Other Recent Developments

Mayer Brown on

On 9 June 2023, the European Union published Regulation (EU) 2023/1115 on the making available on the Union market and the export from the Union of certain commodities and products associated with deforestation and forest...more

Mayer Brown

Europe Daily News, 12 March 2024

Mayer Brown on

COMPETITION - - Non-opposition to a notified concentration (Case M.11420 - Blackstone / Vista / Adapt2)... - Non-opposition to a notified concentration (Case M.11411 - BPIFrance / Meridiam / Exoes)...more

Latham & Watkins LLP

UK Government Announces New Import Carbon Pricing Mechanism

Latham & Watkins LLP on

Goods imported into the UK from countries with a lower or no carbon price will face a levy by 2027. On 18 December 2023, the UK government announced a proposal for a new carbon border adjustment mechanism (UK CBAM)....more

Akin Gump Strauss Hauer & Feld LLP

Following EU, UK to Levy a Carbon Border Adjustment Mechanism

The UK announced that it will require importers to pay a carbon levy on certain goods imported from countries with a lower or no carbon price. Covered goods under the UK’s carbon border adjustment mechanism (CBAM) likely...more

Beveridge & Diamond PC

EU Parliament Approves Carbon Border Adjustment Mechanism

Beveridge & Diamond PC on

The European Parliament voted in favor of implementing the Carbon Border Adjustment Mechanism (CBAM) after reaching a provisional agreement on the CBAM in December 2022. Several countries and the European Union (EU) have long...more

White & Case LLP

European Parliament and Council Reach Agreement on Carbon Border Adjustment Mechanism and EU Emissions Trading System

White & Case LLP on

The European Parliament and Council of the European Union have reached an agreement on the text of the EU Carbon Border Adjustment Mechanism regulation and the directive providing an updated EU Emissions Trading System....more

Hogan Lovells

Giving deforestation the ax – The proposed regulation on deforestation-free products

Hogan Lovells on

On September 13, 2022, the European Parliament voted to adopt a regulation on deforestation-free products (Proposal for a Regulation on the making available on the Union market as well as export from the Union of certain...more

White & Case LLP

European Parliament and Council adopt positions on ETS and CBAM proposals: next steps—final agreement & formal adoption

White & Case LLP on

The EU "Fit for 55" package, if adopted, will significantly reshape environmental regulation in Europe, with impact beyond the EU's borders. In this alert, we focus on developments in two of the most impactful files, the...more

Hogan Lovells

The EU Carbon Border Adjustment Mechanism proposal and considerations for U.S. businesses

Hogan Lovells on

The EU CBAM proposal signals a transformation of the European carbon pricing regulations. U.S. businesses with significant European operations, or with operations in emissions-intensive, trade-exposed industry sectors, should...more

Hogan Lovells

The EU Carbon Border Adjustment Mechanism : inspiration for others or Pandora’s box?

Hogan Lovells on

Following the release of the European Commission’s proposal for a Carbon Border Adjustment Mechanism (“CBAM Proposal”) on 14 July 2021 as part of the “Fit for 55” legislative package aimed at reducing the EU’s greenhouse gas...more

Mintz

Latest EU Efforts on Climate Change Demonstrate Broader Risks to Business

Mintz on

Today, the EU released a plan to combat climate change through reducing emissions. Significantly, key elements of this plan include increasing the costs on businesses whose activities contribute to climate change, even when...more

Jones Day

Singapore Encourages Investment Toward Decarbonizing Shipping - Part of the Jones Day Carbon Disruption series.

Jones Day on

The Situation: Currently, around 90% of world trade is by sea. International shipping accounts for between 2% and 3% of global greenhouse gas emissions, but like aviation, the sector's emissions are not covered by the 2015...more

Pullman & Comley, LLC

2020 Environmental Legislative Update No. 1, "Stream of Consciousness" Edition

Pullman & Comley, LLC on

Welcome back to the Environmental Legislative Updates for the 2020 Connecticut General Assembly’s “short session.” Since all is well with the Rule of Law in general, let’s see what new Rules and Laws our legislators have in...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: Issue 41, November 2019

Why Everything They Say About California Fires — Including That Climate Matters Most — is Wrong - "'We’ve looked at the history of climate and fire throughout the whole state, and through much of the state, particularly...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - May 2019 #2

New Sulfur Caps for Shipping Fuels Will Help Make the Shale Boom Even Bigger "Now the shale revolution will help shippers across the world comply with the International Maritime Organization's 2020 standards, called "IMO...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - January 2019

Alexandria Ocasio-Cortez Floats 70% Tax on Wealthy to Pay for 'Green New Deal' - "Ocasio-Cortez has put forward a 'Green New Deal' that includes generating the nation's power from renewable sources, building a national...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - November 2018 #3

Impact of U.S. Court Ruling on Keystone XL Timing Unclear: TransCanada - "TransCanada Corp is reviewing a decision by a Montana judge blocking construction of the Keystone XL pipeline, but the impact on project timing...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - June 2018 #3

Judge Boots the Global Warming Cases of San Francisco and Oakland Against Oil Companies - "In a 16-page order, U.S. District Judge William Alsup granted the motions to dismiss from the five targeted companies - Chevron,...more

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