Emissions Trading System

News & Analysis as of

California Supreme Court Update: Air Quality Emissions Reduction Credits May Be Considered in Assessing Unit Value of Power Plant,...

A power plant operator was required to purchase emission reduction credits (“ERCs”) to comply with the permitting process to build a power plant. Over the course of several years, the State Board of Equalization (“Board”)...more

EU Environment Report - April 2013

In This Issue: *Chemicals: - Commission adds eight substances to REACH authorisation list *Climate Change: - European Parliament opposes “backloading” proposal for ETS allowances - Council...more

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

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

EU Environment Report - March 2013

In This Issue: *Chemicals: - European Chemicals Agency consults on ten new substances for REACH candidate list - European Food Safety Authority publishes its 2013 work plan - European Food Safety...more

Infrastructure Alert - December 11, 2012

On November 27, President Obama signed S.1956, the European Union Emissions Trading Scheme Prohibition Act of 2011, into law. The law allows the Department of Transportation to exempt U.S. airlines from the carbon tax...more

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