News & Analysis as of

Climate Change G7

BakerHostetler

The PROVE IT Act

BakerHostetler on

The Providing Reliable, Objective, Verifiable Emissions Intensity and Transparency Act, or the PROVE IT Act, is a bipartisan act aimed at enhancing the transparency and accountability of global carbon emissions. Introduced by...more

BCLP

Key takeaways from the United States - Australia Climate, Critical Minerals and Clean Energy Compact

BCLP on

The United States - Australia Climate, Critical Minerals and Clean Energy Transformation Compact (the “Compact”) is a landmark formal statement of strategic intent to establish climate, clean energy and a shared energy...more

BCLP

Roadmap to Sustainable Investing: UK Government proposals for a green finance rulebook - with an industry call to action to help...

BCLP on

Building on its ambition to develop the UK as an international centre for green finance, as first set out in its 2019 Green Finance Strategy, the Government has published its Roadmap to Sustainable Investing. There are four...more

Akin Gump Strauss Hauer & Feld LLP

Biden Climate Push Means Fossil Fuel Cos. Must Innovate

The Biden administration's governmentwide approach to addressing climate change throughout all industries puts an unprecedented degree of pressure on traditional energy sources to prioritize innovation in order to sustain...more

Holland & Knight LLP

Federal Reserve Vice Chair Addresses Climate-Related Financial Risks

Holland & Knight LLP on

Federal Reserve Board (FRB) Vice Chair for Supervision Randal K. Quarles, who also is chair of the Financial Stability Board (FSB), gave a speech on July 11, 2021, to the Venice International Conference on Climate Change,...more

Latham & Watkins LLP

FCA Seeks to Extend Climate-Related Disclosures for Listed Companies

Latham & Watkins LLP on

The FCA is consulting on extending its rules to standard listed issuers. On 22 June 2021, the FCA published a Consultation Paper (CP21/18) on extending the application of the existing climate-related disclosure...more

Mintz

G7 Communique Emphasizes Climate-Related Financial Disclosures

Mintz on

Following the meeting of G7 leaders in Cornwall, a joint communique was issued on June 13, 2021 concerning many issues of common interest, including climate change....more

Mayer Brown

G7 Commits to Multi-Year Effort to Support Net-Zero Global Economy and to Move to Mandatory Climate Risk Reporting

Mayer Brown on

On June 5, 2021, in their daily communiqué from the G7 UK 2021 meetings, the G7 Finance Ministers and Central Bank Governors made a number of statements regarding climate change....more

Hogan Lovells

Coronavirus: The Hill and the Headlines, February 2021 # 13

Hogan Lovells on

In Washington: The Labor Department on Thursday adjusted last week’s jobless claims numbers upward, showing claims surged to a seasonally adjusted 861,000, a sign that the labor market continues to struggle to recover from...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - August 2019 #5

Iraq Would Face 'Wrath of U.S.' if Oil Pipeline Projects with Iran Go Ahead - "Washington would do anything to prevent an Iran-Iraq oil pipeline from ever being built, even if the Europeans were in favor, policy...more

WilmerHale

UK Becomes First G7 Country to Legislate for “Net-Zero” Emissions

WilmerHale on

The UK has become the first G7 country to legally oblige its Government to eliminate all greenhouse gas (“GHG”) emissions. On 26 June 2019, the UK Parliament passed The Climate Change Act 2008 (2050 Target Amendment) Order...more

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