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European Union › Cap-and-Trade

The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of... more +
The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -
Vedder Price

Get Ready! EU Emissions Trading System Expands to Cover Maritime Sector; Effective January 1, 2024

Vedder Price on

Under the European Climate Law, European Union (EU) Member States are working collectively to reach net zero – cutting greenhouse gas emissions as close to zero as possible – by 2050. As a first milestone, the EU is aiming to...more

Latham & Watkins LLP

UK Navigates Post-Brexit Challenges in the Environmental Regulatory Landscape

Latham & Watkins LLP on

The triggering of the CCM under the UK ETS and ongoing consultations under UK Reach signal speedbumps in the transition process. On 30 November 2021, the UK government’s Department of Business, Energy and Industrial...more

Mintz - Energy & Sustainability Viewpoints

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

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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

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: Issue 37, October 2020

Spilman Thomas & Battle, PLLC on

More Federal Permits Handed Down as MVP Presses FERC for Construction Restart - "The Mountain Valley Pipeline LLC told FERC that it has received a series of key federal waterbody crossing permits, bolstering its case to...more

Beveridge & Diamond PC

Carbon Markets Roundup

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Last year saw significant efforts to either impose a price on carbon or reform existing programs, and in some cases roll those programs back. The Paris Agreement advanced a critical step, but without settling on rules for...more

Jones Day

Climate Change Litigation Heats Up in Europe

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The Ruling: On October 9, 2018, the Hague Court of Appeal upheld the Hague District Court's 2015 first-instance ruling that the Dutch State violated the European Convention on Human Rights ("ECHR") and failed to fulfil its...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - September 2017#4

Spilman Thomas & Battle, PLLC on

U.S. Crude Exports to Asia May Shake Up Global Oil Pricing: Russell "The great disruptor that is U.S. shale oil is coming to Asia, as refiners in the energy-hungry region look to expand and diversify their sources of...more

K&L Gates LLP

Aviation: European Commission proposes to amend the EU Emissions Trading Scheme (“ETS”) to limit its applicability to the European...

K&L Gates LLP on

The European Commission has recently modified its proposed roll-out of a cap-and-trade scheme affecting international aviation. On 16 October 2013, the European Commission introduced a proposal for a Directive amending...more

Mintz

Energy And Environment Update -- July 22, 2013

Mintz on

In This Issue: Energy and Climate Debate; Congress; Administration; Department of Energy; Department of Interior; Department of State; Environmental Protection Agency; Federal Energy Regulatory Commission; Government...more

K&L Gates LLP

EU votes in favour of temporarily withholding the sale of 900 million EU allowances from the EU carbon scheme

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On July 3, 2013 the members of the European Parliament voted 344-311 in favour of a one-off intervention in the market to withhold the sale of 900 million EU allowances over the next few years (with the intent to return them...more

Sheppard Mullin Richter & Hampton LLP

Recent Federal and International Developments Good for California Cap and Trade

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Plans announced by the White House yesterday (June 25) show a credible pathway to meet targets pledged by the President pursuant to the Copenhagen Accord (reduction of greenhouse gas emissions 17% below 2005 levels by 2020)....more

Sheppard Mullin Richter & Hampton LLP

Can California Cap and Trade if Brussels Stumbles?

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Last week, the European Parliament rejected a proposal to reduce the quantity of greenhouse gas (GHG) emissions allowances in order to fix a supply-demand imbalance in the European Union Emissions Trading System (EU ETS)....more

K&L Gates LLP

EU Rejects Suspension of Auctions of EU Allowances; California Air Resources Board Formally Approves Linkage with Quebec

K&L Gates LLP on

On April 16, 2013 the members of the European Parliament voted 334-315 against the proposal of the European Union (EU) Commission to suspend future auctions of EU emission trading scheme (EU ETS) allowances until 2019 in...more

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