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Regulatory Agenda Carbon Emissions

McDermott Will & Emery

COP29 Week One: Conference Is Told “Parties Must Remember That the Clock Is Ticking” as They Struggle To Make Progress on How To...

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The previous annual finance goal (the New Collective Quantified Goal (NCGC)) of $100 billion expires this year. However, wealthy countries only met the pledge in full starting in 2022. Negotiation teams are working on draft...more

McDermott Will & Emery

COP29 Day Three: Progress Is Made Toward Tripling Nuclear Capacity by 2050 as Cracks Appear Within Funding Models

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Day three of the 29th Annual United Nations Climate Change Conference COP29 saw the end of the first part of the high-level segment for heads of state and other global leaders in Baku as well as the announcement of...more

Kohn, Kohn & Colapinto LLP

Whistleblowers are Key to CFTC’s Priority of Combating Voluntary Carbon Market Fraud

Voluntary Carbon Markets (“VCMs”) are touted as a promising solution to rising global carbon emissions. They have the potential to strengthen climate technology and promote projects that reduce carbon dioxide emissions and...more

Dechert LLP

2024 Election - Implications on Private Equity & Private Credit

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Potential Election Impacts on the Private Equity and Private Credit Sectors - While the 2024 election cycle may introduce temporary uncertainty, the convergence of positive economic trends such as waning inflation,...more

A&O Shearman

CFTC announces final guidance regarding voluntary carbon credit derivative contracts

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On September 20, 2024, the U.S. Commodity Futures Trading Commission (“CFTC”) announced that it had approved final guidance (the “Final Guidance”) for designated contract markets (“DCMs”) that list voluntary carbon credit...more

White & Case LLP

Picking up speed on the road to carbon-neutrality

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The drive to achieve a carbon-neutral future is accelerating. Through the 2015 Paris Climate Agreement, nations committed to curbing climate change by limiting global temperature increases to no more than 2°C above...more

Pillsbury Winthrop Shaw Pittman LLP

California Climate Disclosures Remain on Schedule

Governor Newsom signs amended law, abandoning prior bid to provide additional time for implementation. Despite efforts by California Governor Gavin Newsom to provide more time for businesses to comply with the new...more

Paul Hastings LLP

The Net-Zero Industry Act

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In order to reach its “net-zero” goals, the European Union is continuing to build out a regulatory framework focused on scaling up the investment into the manufacturing and development of “net-zero technologies”. The latest...more

Mayer Brown

Illinois Paves Way for Carbon Capture and Sequestration with SAFE CCS Act

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Illinois has established a comprehensive regulatory framework for the development of carbon capture and sequestration (CCS) projects. The state's legislature has passed Senate Bill 1289, also known as the SAFE CCS Act, which...more

White & Case LLP

On the path to decarbonisation: Japan enacts its first legislation on hydrogen and CCS

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On 17 May 2024, the Japanese parliament approved two energy-related bills into law: - the Hydrogen Society Promotion Act1; and t - he CCS Business Act.2 These are Japan's first laws relating to the business of hydrogen...more

Sullivan & Worcester

Boston Planning and Development Agency Approves Proposal for Net Zero Carbon Zoning

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On June 13, 2024, the Boston Planning & Development Agency (“BPDA”) Board of Directors approved a proposed zoning text amendment regarding Net Zero Carbon (“NZC Zoning”) and authorized its submission to the Boston Zoning...more

Spilman Thomas & Battle, PLLC

Impact of EPA's New Limits on Greenhouse Gas Emissions

On April 25, 2024, the Environmental Protection Agency (EPA) released a set of rules aimed at cutting air, water, and land pollution from fossil fuel-fired plants. The rules would require existing coal-fired and new gas-fired...more

Cadwalader, Wickersham & Taft LLP

Cadwalader Climate - April 2024 #4

In this week’s edition, we discuss the European Parliament’s approval of a certification framework that is set to govern carbon removal activities, including the proper certification of carbon credits. Europe continues to...more

KPMG Board Leadership Center (BLC)

Climate in context: Geopolitics, business, and the board

In this collaboration between the KPMG Board Leadership Center (BLC) and Eurasia Group, our aim is to help widen the boardroom aperture on the global climate challenge—where it stands, and what’s at stake—and to help boards...more

Troutman Pepper

Driving Change: Scaling Up EVs in the U.S.

Troutman Pepper on

We are pleased to publish our latest white paper, entitled Driving Change: Scaling Up EVs in the U.S." The report highlights the challenges of expanding electric vehicles (EVs) and EV battery manufacturing in the U.S....more

A&O Shearman

UK carbon border adjustment mechanism: shaping up ahead of 2027

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In 2027, the UK will introduce a carbon border adjustment mechanism (CBAM) on imports of certain carbon intensive goods. The CBAM will impose a charge on the emissions embodied in relevant imports that take place on or after...more

White & Case LLP

EPA Finalizes New Vehicle Emission Limits for CO2 and Other Pollutants

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The new emission limits apply to new passenger cars, light trucks and large pickups and vans, and set increasingly stringent fleet-wide emission limits covering carbon dioxide and other pollutants for Model Years 2027-2032....more

Jenner & Block

EPA Issues Stringent Emissions Standards for Light- and Medium-Duty Vehicles

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On March 20, 2024, EPA announced new emissions standards for light-duty and medium-duty vehicles, starting with model year (“MY”) 2027 and phasing in through MY 2032. The new standards require reductions in emissions of...more

Polsinelli

Colorado Introduces Bill to Promote and Expand Carbon Dioxide Capture and Sequestration

Polsinelli on

A bill to expand the Colorado Energy and Carbon Management Commission’s (“Commission”) ability to regulate and promote carbon dioxide capture and sequestration was introduced on February 27. HB24-1346 expands the authority of...more

Mayer Brown

Lawsuit Challenges Recent California Climate Disclosure Laws

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As discussed in our earlier Client Alerts, California recently passed several laws requiring certain climate-related corporate disclosures, including, for example, regarding emissions and climate-related financial risk. As...more

J.S. Held

How Carbon Management Can Benefit Your Company’s Bottom-Line

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Introduction: Strategic Carbon Management - The corporate world is experiencing significant growth in the need for carbon management services. Within the diverse field of environmental and sustainability services, the top...more

Gray Reed

What’s New From the Climate-Alarm Industry?

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A lot, it turns out. The Biden Administration, bending the knee to the progressive wing of the Democratic Party, has paused approval of new LNG export facilities. (In terms of influence on the President, this “wing” is...more

A&O Shearman

The UK gives the green light to a UK CBAM and consults on the UK ETS

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The UK has finally confirmed that it will be following the EU and introducing its own Carbon Border Adjustment Mechanism (CBAM) to be implemented by 2027. It published the eagerly awaited outcome of its consultation on...more

A&O Shearman

Nine key takeaways from the UAE's new Hydrogen Strategy

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The UAE published its long-awaited hydrogen strategy last week, aiming to outline the key steps needed to position the UAE as a top global producer of low carbon hydrogen by 2031 and to support the UAE’s announced target of...more

Fenwick & West LLP

California Adopts Bill Regulating Net Zero, Carbon Offset Disclosures

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California Adopts Bill Regulating Net Zero, Carbon Offset Disclosures - On October 7, 2023, California adopted new requirements that will impact the voluntary carbon offset market and companies making certain emissions...more

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