The joint policy statement and principles provide integrity standards for carbon credits that both the US government and participants in the voluntary carbon market should aim to follow.
On May 28, 2024, the Biden...more
EPA’s transfer of primary enforcement authority to states for carbon capture and storage projects may decrease permitting delays but raise legal questions.
Louisiana has become the third state in the United States to...more
The first global stocktake, Article 6, carbon markets, new finance pledges, and the loss and damage fund formed the major developments at this year’s conference.
Between November 30 and December 12, 2023, Dubai hosted the...more
12/28/2023
/ Climate Change ,
COP ,
Dubai ,
Energy Market ,
Energy Sector ,
Environmental Policies ,
Greenhouse Gas Emissions ,
Oil & Gas ,
Paris Agreement ,
Renewable Energy ,
UNFCCC ,
United Nations
The Supervisory Body published the Methodology Guidance and the Removal Guidance to be presented for discussion in COP28.
After two years of discussion, the Supervisory Body (SB) responsible for determining the...more
The draft New Measure aims to enhance the environmental integrity of China’s carbon market by introducing new requirements for project registration and credit issuance.
China is preparing to relaunch its carbon credits...more
Governor Newsom has committed to signing into law two bills that would require certain companies that do business in California to disclose their GHG emissions and climate-related financial risks.
In January 2023,...more
The updated Green Guides will likely impact legal liability for environmental marketing claims in the years to come.
On December 20, 2022, the Federal Trade Commission (FTC) published a notice (hereinafter, the 2022...more
Extensive negotiations focused on finalizing the details of a “rulebook” for an international carbon market under Article 6 of the Paris Agreement.
The 27th annual Conference of Parties (COP27) of the United Nations...more
11/17/2022
/ Biden Administration ,
Carbon Emissions ,
Climate Change ,
COP ,
Energy Sector ,
Environmental Policies ,
Greenhouse Gas Emissions ,
John Kerry ,
Methane ,
Paris Agreement ,
Renewable Energy ,
UNFCCC ,
United Nations
The climate bills championed by Governor Newsom stand to alter the state’s climate policy for years to come.
On August 31, 2022, the last day of its 2021-2022 session, the California Legislature passed four climate bills...more
9/9/2022
/ CARB ,
Carbon Capture and Sequestration ,
Carbon Emissions ,
Clean Energy ,
Climate Change ,
Energy Sector ,
Governor Newsom ,
Greenhouse Gas Emissions ,
Nuclear Power ,
Oil & Gas ,
Pending Legislation ,
Pipelines ,
Setback Rules
Governor Newsom introduces five ambitious proposals that could alter California’s climate policy for years to come.
On August 12, 2022, California Governor Gavin Newsom submitted five climate proposals (the Climate...more
8/29/2022
/ CARB ,
Carbon Emissions ,
Clean Energy ,
Climate Change ,
Environmental Policies ,
Governor Newsom ,
Greenhouse Gas Emissions ,
Legislative Agendas ,
Net Zero ,
Oil Wells ,
Pollution Control ,
Proposed Legislation
A major voluntary carbon standard invites comments on linking carbon credits with crypto instruments and tokens, reinforcing the growing importance of blockchain transactions in voluntary carbon markets.
On August 3,...more
The system aims to stimulate innovation in GHG-reduction activities as part of the country’s 2030 Emissions Reduction Plan.
On June 8, 2022, Canada launched the Greenhouse Gas (GHG) Offset Credit System (the System) to...more
The agency will use the information to take further steps to address climate risks in the commodity derivatives markets.
On June 2, 2022, the Commodity Futures Trading Commission (CFTC) issued a Request for Information...more
CARB opts to stay the course on Cap-and-Trade Program.
On May 10, 2022, the California Air Resources Board (CARB) released its Draft 2022 Scoping Plan Update for public review and comment. Assembly Bill (AB) 32, the...more
The US Global Change Research Program (USGCRP) has released the Climate Science Special Report (CSSR or the Report). Published on November 3, 2017, this US-focused authoritative climate change science assessment serves as a...more
On October 23, 2017, the Government Accountability Office (GAO), the auditing agency of the US Congress, released a report on climate change titled, “Information on Potential Economic Effects Could Help Guide Federal Efforts...more
Yesterday, the Court of Appeals for California’s Third Appellate District issued its decision in California Chamber of Commerce, et al., vs. State Air Resources Board, et al., upholding the district court’s decision and...more
On July 12, 2014, the California Air Resources Board (CARB) proposed amendments to the California Cap-and-Trade Program (17 CCR 95800 et. seq.) for the first time since 2014. The amendments include major substantive changes...more
Existing and new power plants face increasing complexity as EPA’s historic final rule regulating greenhouse gas emissions represents a major expansion of EPA’s regulatory authority.
In a rare presidential announcement of...more
8/19/2015
/ Carbon Emissions ,
Clean Air Act ,
Clean Power Plan ,
Coal-Fired Generation ,
Energy Sector ,
Energy Tax Incentives ,
Environmental Protection Agency (EPA) ,
Final Rules ,
Greenhouse Gas Emissions ,
Natural Gas ,
Nuclear Power ,
Oil & Gas ,
Power Plants
The California Global Warming Solutions Act of 2006 (aka Assembly Bill 32 or “AB 32?) mandates a reduction in California statewide greenhouse gas (GHG) emissions to 1990 levels by 2020. The Low Carbon Fuel Standard (LCFS) is...more
4/13/2015
I. LCFS Readoption -
On February 19, 2015, the California Air Resources Board (ARB) will take feedback on proposed regulations implementing the readoption and updating of California’s Low Carbon Fuel Standard (LCFS),...more
I. LCFS Readoption -
The California Air Resources Board (“ARB”) is on the cusp of readopting the Low Carbon Fuel Standard (“LCFS”) regulation to remedy legal defects in the initial adoption process found by the...more
Today, the US Supreme Court denied certiorari regarding the constitutionality of California’s Low Carbon Fuel Standard (LCFS) in Rocky Mountain Farmers Union v. Corey. ...more
We analyze EPA’s novel proposal to regulate greenhouse gas emissions from existing power plants as it will shape its regulation of other industry sectors.
On June 2, 2014, EPA released its long-anticipated proposal to...more
On November 12, 2013, a California trial court decided that the California Air Resources Board (ARB) has the power to auction emission allowances and that such auctions do not constitute an illegal ...more