News & Analysis as of September 17, 2024

Regulatory Reform

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The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -

Infrastructure delivery for the route to Net Zero

A&O Shearman on 3/11/2024

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

Sustainable Business Group Urges EU to Cut GHG Emissions 90% by 2040

Cadwalader, Wickersham & Taft LLP on 10/31/2023

On September 5, 2023, the Corporate Leaders Group Europe (CLG Europe) published a position paper urging the European Union to cut its greenhouse gas (GHG) emissions by at least 90% by 2040, and asked EU member states to...more

EU carbon border adjustment mechanism – the transitional phase has begun: Are you ready?

A&O Shearman on 10/3/2023

The EU Regulation establishing a carbon border adjustment mechanism (CBAM) is designed to drive businesses to achieve a true global reduction in greenhouse gas (GHG) emissions instead of relocating carbon-intensive production...more

Regulation: EU Reaches Agreement on Carbon Border Tax

Cadwalader, Wickersham & Taft LLP on 1/3/2023

Environmental regulators and ministers from across the EU member states provisionally approved the introduction of the world’s first major carbon border tax, the Carbon Border Adjustment Mechanism (CBAM), which will require...more

France Regulates the Use of Carbon Neutrality Claims in Advertisements

Jones Day on 5/24/2022

As part of its legislative arsenal to combat climate change, France adopted the Climate and Resilience Law on August 22, 2021 ("Climate Law"), providing for a large number of binding measures against greenhouse gas ("GHG")...more

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

Jones Day on 11/5/2021

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

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