The US Treasury Department and the IRS provided practical administrative rules for the carbon capture and sequestration tax credit.
Key Points:
..The IRS finalized the third set of rules in a series of regulatory guidance...more
1/22/2021
/ Carbon Capture and Sequestration ,
Carbon Emissions ,
Climate Change ,
Energy Projects ,
Energy Sector ,
Final Rules ,
IRS ,
Popular ,
Renewable Energy ,
Tax Credits ,
U.S. Treasury
A watershed CFTC report highlights the dangers of climate change to the US economy, and provides a broad risk-mitigation roadmap.
On September 9, 2020, the US Commodity Futures Trading Commission’s (CFTC’s) Climate-Related...more
Examining the regulatory framework of New York’s legislative climate change initiative — the Community Leadership and Community Protection Act.
On Thursday, July 18, 2019, New York Governor Andrew Cuomo signed into law the...more
At the 19th National Congress of the Chinese Communist Party, President Xi Jinping asserted his country’s emerging leadership in environmental stewardship and pledged to build a “beautiful China”. In his speech to the 2,300...more
Addressing a car forum in Tianjin, Xin Guobin, Vice Minister of Industry and Information Technology, announced that the Chinese government is developing plans to follow in the footsteps of some European countries to phase out...more
Market research has long recognized China as the largest investor in its own domestic renewable energy industry. According to Bloomberg New Energy Finance, China invested US$102 billion in 2015 alone....more
Chinese policymakers have indicated that the country’s Emissions Trading System (ETS) — which will be the largest system of its kind globally and the centerpiece of Chinese climate change policy — is likely to launch in...more
On June 1, 2017, President Trump announced during a speech at the White House that the United States will withdraw from the Paris Agreement, fulfilling a campaign pledge to end the agreement that the President argued would...more
Climate change has become a key concern for China in recent years, as evidenced by its pledge to reduce carbon emissions per unit of GDP by 60% from 2015 levels by 2030. As we have previously written, it has also become a...more
At the China-US Climate-Smart / Low Carbon Cities Summit held in Beijing on June 7 and 8, 2016 the world’s two largest carbon dioxide emitters announced expanded co-operation in their efforts to counter climate...more
Green bonds, which tie the proceeds of the issuance to investments that have positive environmental and/or climate benefits, are a rapidly growing asset class. Recent figures have corroborated the narrative of growth...more
China has made notable strides to transition towards a lower-carbon economy. Most recently, local authorities were ordered to halt construction of coal-fired power plants in 13 provinces where capacity already outstrips...more
China’s National Development and Reform Commission (NDRC) and the National Energy Administration (NEA) have ordered local authorities to stop construction of coal-fired power plants in 13 provinces where capacity already...more
China, along with leaders from more than 150 countries, signed the Paris Climate Change Agreement in New York on April 22, 2016.
New York Signing Update -
Following final negotiation on December 12, 2015, April 22,...more
China launched a green bond pilot initiative via the Shanghai Stock Exchange, encouraging further foreign investment in a rapidly growing asset class and paving the way for issuances by non-financial institutions....more
4/6/2016
/ Bonds ,
Capital Markets ,
China ,
Climate Change ,
Corporate Issuers ,
Financial Institutions ,
Foreign Investment ,
Green Bonds ,
Renewable Energy ,
Shanghai Stock Exchange ,
Sustainability
6 Answers From Around the Globe -
The historic COP-21 Paris Agreement on climate change is the first major development in the climate area at the international level since adoption of the Kyoto Protocol in...more
2/2/2016
/ China ,
Climate Change ,
Emissions Trading System ,
EU ,
Greenhouse Gas Emissions ,
Intended Nationally Determined Contributions (INDC) ,
Investors ,
Paris Agreement ,
Renewable Energy ,
Spain ,
UK