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European Union European Parliament Carbon Emissions

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... more +
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 -
Baker Botts L.L.P.

EU Methane Regulation: A problem for the LNG industry?

Baker Botts L.L.P. on

On 15 July 2024, “Regulation (EU) 2024/1787 of the European Parliament and of the Council of 13 June 2024 on the reduction of methane emissions in the energy sector and amending Regulation (EU) 2019/942” (the “EU Methane...more

White & Case LLP

The European Hydrogen and Decarbonized Gas Market Package

White & Case LLP on

On 21 May 2024, the Council of the EU adopted the Hydrogen and Decarbonized Gas Market Package. It aims to shift the gas system to low-carbon and renewable gases, and provides for the highly anticipated framework on dedicated...more

Seward & Kissel LLP

The European Union Emissions Trading System is on the horizon for the maritime transportation sector

Seward & Kissel LLP on

The European Union Emissions Trading System (EU ETS) is coming into effect for the maritime transportation sector on January 1, 2024. Here’s what that means. Background - The EU ETS launched in 2005 and on May 10, 2023...more

Cadwalader, Wickersham & Taft LLP

EU Aims to Reduce Net Emissions and Protect Biodiversity through Adoption of Carbon Sinks Goal

On March 14, 2023, the European Parliament gave its final approval for member nations to implement stricter national targets relating to emissions reduction and the protection and expansion of CO2-absorbing natural ecosystems...more

Vinson & Elkins LLP

The Carbon Border Adjustment Mechanism (“CBAM”) – the European Union’s Next Climate Action Step

Vinson & Elkins LLP on

As a result of ongoing discussions, the European Parliament and the Council of the European Union announced on December 13, 2022, that a provisional agreement had been reached to implement a European Union (“EU”) Carbon...more

Latham & Watkins LLP

European Parliament and European Council Reach Provisional Agreement on Carbon Border Adjustment Mechanism

Latham & Watkins LLP on

The CBAM would seek to mitigate carbon leakage through the imposition of a levy on carbon-intensive imports into the EU, while free allowances under EU ETS would be phased out. On 13 December 2022, negotiators from the...more

Sheppard Mullin Richter & Hampton LLP

10 EU Competition & Regulatory Trends to Watch for in 2018

Introduction - Our “trends for 2018” are only a selection of interesting developments to watch for in 2018. Within the political and legislative cycle of the European Union, 2018 promises to be an eventful year, given...more

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