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European Commission Greenhouse Gas Emissions Environmental Policies

Jones Day

The Challenges Faced in the Implementation of the EU Deforestation Regulation

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Regulation (EU) 2023/1115 of May 31, 2023 (the "Deforestation Regulation" or "EUDR") aims to reduce the EU's role in cutting down woodlands and thereby to limit the impact of deforestation on greenhouse gas emissions....more

Latham & Watkins LLP

European Commission Recommends 90% Emissions Reduction Target by 2040

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On 6 February 2024, the European Commission (Commission) presented its recommendations for the EU’s 2040 climate target, following a detailed impact assessment on potential emission reduction pathways. This publication aligns...more

Akin Gump Strauss Hauer & Feld LLP

European Commission Consults on CBAM Reporting Obligations

On Tuesday, the European Commission published a draft Implementing Regulation for the Carbon Border Adjustment Mechanism (CBAM). The regulation sets rules for the reporting obligations during the CBAM transitional period that...more

Cadwalader, Wickersham & Taft LLP

European Commission Launches Consultation on EU Climate Targets for 2040

The European Commission has launched a public consultation and a call for evidence seeking opinions on the EU’s intermediary climate targets for 2040. This is a scheduled step in the EU’s ambition to reach net-zero emissions...more

Cadwalader, Wickersham & Taft LLP

EC Proposes Net-Zero Industry Act to Spur Green Technology Investment

The European Commission last month announced a proposed Net-Zero Industry Act designed to drive the investment in and the growth of the clean technology manufacturing sector. The proposed Act is part of the Green Deal...more

Beveridge & Diamond PC

EU Parliament Approves Carbon Border Adjustment Mechanism

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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

A&O Shearman

Introduction to the EU’s Emissions Trading System (UPDATED)

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The EU emissions trading system (the EU ETS) is one of the key pillars of the EU’s policy to combat climate change and to reduce greenhouse gas emissions from regulated sectors....more

BCLP

Latest European developments on measures to support transition towards a net-zero economy

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On March 9, the European Commission adopted a series of measures to foster investment and financing the transition to climate neutrality and a net-zero industry in the EU. To this end, the Commission has...more

Latham & Watkins LLP

European Commission Adopts Proposal to Promote Repair of Goods

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As part of the European Green Deal ambitions, the proposal encourages sustainable consumption through additional incentives to repair products to reduce waste and emissions. On 22 March 2023, the European Commission...more

Latham & Watkins LLP

European Commission Releases Communication on the Green Deal Industrial Plan

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The Plan aims to “simplify, accelerate and align incentives to preserve the competitiveness and attractiveness of the EU as an investment location for the net-zero industry”. On 1 February 2023, the European Commission...more

Akin Gump Strauss Hauer & Feld LLP

Green Deal Industrial Plan for the Net Zero Age – the EU’s Answer to the Inflation Reduction Act

Yesterday (1 Feb 2023) marked the launch by the European Commission (EC) of the Green Deal Industrial Plan for the Net Zero Age. Its introduction is aimed at a levelling up of the international playing field and combatting...more

White & Case LLP

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

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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

Latham & Watkins LLP

6 Sustainability Takeaways in EU Antitrust & Regulatory - December 2022

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Latham lawyers highlight key takeaways and developments in the sustainability space from the second half of the year. ...more

A&O Shearman

Introduction to the EU’s Emissions Trading System

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The EU Emissions Trading System (the EU ETS) is one of the key pillars of the EU’s policy to combat climate change and to reduce greenhouse gas emissions from regulated sectors....more

White & Case LLP

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

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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

Akin Gump Strauss Hauer & Feld LLP

EU Parliament Votes On Climate Agenda

During the plenary session held the first week of June, the European Parliament voted on several items related to the European Union’s (EU) “Fit for 55” climate package. Debate and division continue to be strong. Key...more

Jones Day

European Commission Awards Grants to Seven Large-Scale Projects Under the Innovation Fund

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On March 10, 2022, the European Commission ("the Commission") adopted a decision on the award of grants under the Innovation Fund ("the Fund"). A total of seven projects obtained a grant after a first call for large-scale...more

A&O Shearman

Counting Carbon: The European Commission’s vision on carbon removals

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As 2021 draws to a close, the European Commission (EC) has been busy. On 15 December 2021, it adopted several new documents in relation to environmental protection in the widest sense. ...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

Hogan Lovells

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

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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

Mintz - Energy & Sustainability Viewpoints

Pricing Overseas Carbon: The Rise of Border Adjustment Mechanisms on Both Sides of the Pond

In the past several months, lawmakers in both the United States and the European Union have introduced legislation to enact carbon border adjustment mechanisms (CBAMs) in their respective jurisdictions. Also known as a...more

Hogan Lovells

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

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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

Latham & Watkins LLP

The European Commission Unveils New Sustainable Finance Package

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The package focuses on material sustainability reporting and disclosure obligations, as the EU looks to direct capital toward sustainable activities. On 21 April 2021, one day prior to Earth Day and a US-led global...more

Hogan Lovells

Net zero emissions by 2050 – new consultation on the proposed EU Climate Law

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The European Commission announced recently that it seeks feedback on proposals to adopt new regulations which establish the framework for achieving EU-wide 'climate neutrality' by reducing greenhouse gas emissions to net zero...more

A&O Shearman

European environmental law and policy: What’s in store for 2020?

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The start of a New Year is a good time to take stock as to what we can expect in European environmental law and policy over the next 12 months. Unlike previous years, 2020 is already shaping up to be a momentous year at both...more

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