Denmark’s unprecedented carbon removals fund has facilitated the coexistence of corporate and national carbon claims in carbon accounting.
In the past few years, stakeholders in the carbon market have debated how to...more
6/20/2024
/ Carbon Capture and Sequestration ,
Carbon Emissions ,
Climate Change ,
Corporate Governance ,
Denmark ,
Disclosure Requirements ,
Energy Projects ,
Market Participants ,
Paris Agreement ,
Subsidies ,
Sustainability ,
Sustainable Business Practices
The key principles for a Carbon Management Strategy and draft act on the revision of the Carbon Storage Act create new opportunities for investors and project developers.
The German Federal Government’s Carbon Management...more
6/19/2024
/ Carbon Capture and Sequestration ,
Carbon Emissions ,
Climate Change ,
Energy Projects ,
Energy Sector ,
Energy Storage ,
Environmental Policies ,
Federal Funding ,
Fossil Fuel ,
Germany ,
Investors ,
National Environmental Policies ,
Renewable Energy
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
The regulations aim to provide a legal framework for China’s carbon allowance trading market by strengthening requirements and designating responsibilities.
On January 25, 2024, Chinese Premier Li Qiang signed a decree of...more
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
Data collected under the PROVE IT Act would measure the carbon emissions of certain goods in the US and other nations.
On June 7, 2023, US Senators Chris Coons and Kevin Cramer introduced the bipartisan Providing...more
Establishment of the loss and damage fund and development in Article 6 of the Paris Agreement were among the major developments in this year’s conference.
On November 20, 2022, the 27th annual Conference of Parties...more
12/9/2022
/ Africa ,
Asia ,
Carbon Emissions ,
Climate Change ,
COP ,
Environmental Policies ,
Forestry ,
Funding ,
Greenhouse Gas Emissions ,
John Kerry ,
Paris Agreement ,
Saudi Arabia ,
Sustainability ,
UNFCCC ,
United Nations
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
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 Claims Code seeks to ensure the integrity of voluntary carbon markets to support achievement of the Paris Agreement goals.
The Voluntary Carbon Markets Integrity (VCMI) Initiative is “a multi-stakeholder platform to...more
Latin America is well positioned for a strategic role as a hub for the production and utilization of low-carbon hydrogen in the global energy transition.
Low-carbon hydrogen is set to play a key role in the...more
A multistate cap-and-invest program to reduce carbon emissions from the transportation sector is dead after several participating states pulled out.
Less than one year ago, the governors of Massachusetts, Rhode Island,...more
The program will include a multi-jurisdictional cap-and-invest program and aims to address environmental justice and equity concerns.
On December 21, 2020, the Governors of Massachusetts, Rhode Island, and Connecticut,...more
3/11/2021
/ Cap-and-Trade ,
Carbon Emissions ,
Climate Change ,
Environmental Justice ,
Environmental Policies ,
Fossil Fuel ,
Governor Baker ,
Governor Lamont ,
Greenhouse Gas Emissions ,
Low Carbon Fuel Standard ,
Memorandum of Understanding ,
Model Rules ,
RGGI ,
State and Local Government ,
Transportation Industry
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
The Governor has issued an Executive Order with sweeping implications for the oil and gas industry and others.
On September 23, 2020, California Governor Gavin Newsom signed Executive Order N-79-20, which will have...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
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
The decision, which will almost certainly be appealed, allows the Air Resources Board tocontinue to auction emission allowances.
On November 12, 2013, a California trial court decided that the California Air Resources...more