News & Analysis as of

Net Zero

Mayer Brown

IMO Approves New Regulatory Package to Decarbonize International Maritime Transport

Mayer Brown on

Between April 7 and 11, 2025, during the 83rd session of the Marine Environment Protection Committee (MEPC), the International Maritime Organization (IMO) approved a new set of regulatory measures aimed at reducing greenhouse...more

Troutman Pepper Locke

Empire Wind 1 Stop-Work Order Targets Offshore Wind but Raises Questions for Other Industries

Troutman Pepper Locke on

On Wednesday, April 16, Secretary of the Interior Doug Burgum directed the Bureau of Ocean Energy Management (BOEM) to order Equinor to “stop work” on its 812 megawatt Empire Wind 1 project just outside of New York Harbor....more

Baker Botts L.L.P.

P2N0 - Edition 29 - News and Views on the Drive Towards Net-Zero GHG Emissions

Baker Botts L.L.P. on

Welcome to Edition 29 of P2N0 covering the drive to avoid, reduce and remove greenhouse gas (GHG) emissions to reach net-zero emissions (NZE). P2N0 covers significant news items globally, reporting on them in short form,...more

Beveridge & Diamond PC

Maryland’s Building Energy Performance Standards: Recent Legislative Amendments Could Impact Looming Compliance Deadline

Beveridge & Diamond PC on

Background on the Building Energy Performance Standards - After the Maryland General Assembly passed the Climate Solutions Now Act of 2022 (CSNA), MDE engaged in a series of rulemakings; the current regulations were...more

Jones Day

FCA Confirms It Will Not Be Creating New Rules On Sustainability-related Governance, Incentives, And Competence

Jones Day on

In early 2023, the FCA released a discussion paper seeking to encourage industry-wide dialogue on financial services firms’ sustainability-related governance, incentives, and competence. This was part of the FCA's broad...more

Stikeman Elliott LLP

Permitting Reform and Electrification

Stikeman Elliott LLP on

Canada is committed to achieve net-zero carbon emissions by 2050. To do this will almost certainly require a substantial degree of electrification – namely an increased use of clean, non-carbon emitting forms of electricity....more

Baker Botts L.L.P.

P2N0 - Edition 28 - News and Views on the Drive Towards Net-Zero GHG Emissions

Baker Botts L.L.P. on

Welcome to Edition 28 of P2N0 covering the drive to avoid, reduce and remove greenhouse gas (GHG) emissions to reach net-zero emissions (NZE). P2N0 covers significant news items globally, reporting on them in short form,...more

Vedder Price

Global Transportation Finance Newsletter: September 2024

Vedder Price on

SAF: Understanding Lifecycle Emissions - The Executive Summary to the International Air Transport Association’s (IATA) Net Zero Roadmaps1 acknowledges that aviation is “one of the hardest sectors to decarbonize” but notes...more

Jones Day

SBTi Releases Draft Revision of Corporate Net-Zero Standard

Jones Day on

The Science Based Targets initiative (SBTi) has released a 132-page draft revision of the Corporate Net-Zero Standard (Version 2.0). Key proposed changes include...more

Baker Botts L.L.P.

P2N0 - Edition 27 - News and Views on the Drive Towards Net-Zero GHG Emissions

Baker Botts L.L.P. on

Welcome to Edition 27 of P2N0 covering the drive to reduce greenhouse gas (GHG) emissions to net-zero (NZE). P2N0 covers significant news items globally, reporting on them in short form, focusing on policy settings and legal...more

Mayer Brown

Offices: Repurpose or Retrofit – Where Are We Today?

Mayer Brown on

The office market was thrown into turmoil in the post-pandemic shift towards flexible working. Businesses battled with uncertainty over the future of the workplace and whether big glossy office spaces would become obsolete in...more

Morgan Lewis

Energy Storage Legislation Updates in the European Union and United Kingdom

Morgan Lewis on

Discover the evolving policies and regulations of the European Union and United Kingdom, with both issuing landmark legislation in the energy storage. EUROPEAN UNION DEVELOPMENTS EU energy storage initiatives are a key part...more

Baker Botts L.L.P.

P2N0 - Edition 26 - News and Views on the Drive Towards Net-Zero GHG Emissions

Baker Botts L.L.P. on

Welcome to Edition 26 of P2N0 covering the drive to reduce greenhouse gas (GHG) emissions to net-zero (NZE). P2N0 covers significant news items globally, reporting on them in short form, focusing on policy settings and...more

Davies Ward Phillips & Vineberg LLP

Consultation on Proposed Guidelines on Environmental Claims and the Competition Act

While ensuring accurate environmental claims is a laudable goal, unclear standards risk deterring businesses from informing the public of their efforts to achieve environmental goals. Ultimately, if businesses are deterred...more

DLA Piper

Horizon - ESG Regulatory News and Trends - February 2025

DLA Piper on

US formally submits notification of withdrawal from Paris Agreement. On January 27, 2025, Dorothy Camille Shea, the US acting ambassador to the United Nations, submitted a notification of withdrawal from the Paris Agreement...more

Baker Botts L.L.P.

P2N0 - Edition 25 - News and Views on the Drive Towards Net-Zero GHG Emissions

Baker Botts L.L.P. on

Welcome to Edition 24 of P2N0 covering the drive to reduce greenhouse gas (GHG) emissions to net-zero (NZE). Wishing you a belated Happy and Prosperous Year of the Snake. P2N0 identifies significant news items globally,...more

Mintz

Increasing Divergence Between US and EU Banks in Approach to Climate Change

Mintz on

Over the past several weeks, each of the major US banks have announced their withdrawal from the Net Zero Banking Alliance (presumably in response to the policy priorities of the second Trump Administration). Although...more

Hogan Lovells

UK onshore windfarms – Clean energy is just blowing in the wind

Hogan Lovells on

The UK government’s support for onshore wind farms as part of its broader strategy to combat climate change and transition to greener renewable energy sources has fluctuated over recent years however it looks to be firmly...more

Akin Gump Strauss Hauer & Feld LLP

U.S. Submits Withdrawal from the Paris Agreement: Potential Implications?

The Withdrawal - The United States’ Acting Ambassador to the United Nations (U.N.) submitted a notification of withdrawal from the Paris Agreement on January 27, 2025, which is set to become effective one year after...more

Flaster Greenberg PC

Europe's Latest Energy Squabble - England Versus Norway

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Great Britain’s Labour Prime Minister Keir Starmer has shaken up the British political scene since July 2024, including making a priority of a “Net Zero” policy regarding energy generation and use in the United Kingdom. Led...more

Goulston & Storrs PC

Boston Accelerates Net Zero Carbon

Goulston & Storrs PC on

Last week, the Boston Zoning Commission adopted Net Zero Carbon (NZC) zoning. As addressed in our 2021 and 2023 advisories, this completes a three-part decarbonization strategy, along with the Specialized Energy Code and the...more

Kelley Drye & Warren LLP

NY Court Stalls JBS Greenwashing Suit

In 2023, NAD reviewed claims that JBS had made about its goal ​“to be net zero by 2040.” NAD determined that although the company had taken steps to reach the goal, those steps weren’t enough to support the claim. In 2024,...more

Baker Botts L.L.P.

P2N0 - Edition 24 - News and Views on the Drive Towards Net-Zero GHG Emissions

Baker Botts L.L.P. on

Welcome to Edition 24 of P2N0 covering the drive to reduce greenhouse gas (GHG) emissions to net-zero (NZE). Wishing you a belated Happy and Prosperous Year of the Snake. P2N0 identifies significant news items globally,...more

(ACOEL) | American College of Environmental...

Reflections on the Voluntary Response to Climate Change

Today in the United States, there is no federal comprehensive statute addressing climate change. With the Trump Administration now in power, it is doubtful that any such statute will be forthcoming anytime soon. ...more

Venable LLP

New York Court Dismisses Suit Against JBS but Allows Attorney General to File Amended Complaint

Venable LLP on

Environmental claims are a powerful tool for companies to demonstrate their commitment to sustainability and connect with values-driven consumers. However, these claims are facing increased legal scrutiny, as governments and...more

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