Goods imported into the UK from countries with a lower or no carbon price will face a levy by 2027.
On 18 December 2023, the UK government announced a proposal for a new carbon border adjustment mechanism (UK CBAM)....more
Importers into the EU of CBAM goods should be aware of their transitional reporting obligations under the new rules.
On 17 August 2023, the European Commission (Commission) adopted rules governing the implementation of...more
The CBAM would seek to mitigate carbon leakage through the imposition of a levy on carbon-intensive imports into the EU, while free allowances under EU ETS would be phased out.
On 13 December 2022, negotiators from the...more
The outcome of the review may signal what climate-related laws and policies to expect in the UK in the coming years.
On 8 September 2022, newly appointed UK Prime Minister Liz Truss announced that Chris Skidmore MP, a...more
9/27/2022
/ Climate Change ,
Disclosure Requirements ,
Emissions Trading System ,
Environmental Policies ,
EU Directive ,
Greenhouse Gas Emissions ,
Net Zero ,
SFDR ,
Sustainability ,
Sustainable Business Practices ,
UK
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
12/16/2021
/ Cap-and-Trade ,
Climate Change ,
Consultation ,
Emissions Trading System ,
Environmental Policies ,
EU ,
EU ETS ,
Fuel Supply ,
Greenhouse Gas Emissions ,
Oil & Gas ,
Regulatory Agenda ,
Toxic Chemicals ,
UK ,
UK Brexit
President Xi announces a comprehensive, 14-point reform policy that has long-term implications for companies with business interests in China.
Key Points:
..President Xi Jinping has formalized a national commitment to...more
11/21/2017
/ China ,
Conservation ,
Discharge of Pollutants ,
Emissions Trading System ,
Enforcement Actions ,
Environmental Impact Report (EIR) ,
Environmental Policies ,
Environmental Violations ,
Green Finance ,
Impact Assessments ,
Lending ,
Multinationals ,
Natural Resources ,
NDRC ,
Operational Permits ,
Outbound Transactions ,
Presidential Decrees ,
Private Right of Action ,
Public Citizen ,
Regulatory Reform
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
Following the recent UK referendum result, attention is now turning to the legal implications for specific policy areas.
While the overwhelming majority of the UK’s environmental legislation is derived from EU...more
7/21/2016
/ Climate Change ,
EFTA ,
Emissions Trading System ,
Energy Market ,
Energy Policy ,
Energy Sector ,
Environmental Policies ,
EU ,
EU Single Market ,
Permits ,
Pollution Control ,
Renewable Energy ,
UK ,
UK Brexit ,
UNFCCC
The Shanghai Municipal People’s Congress has released the revised Shanghai Environmental Protection Regulations (in Chinese only) for public comment. The revised Regulations, which first came into force in 1997, apply...more
5/19/2016
/ Amended Regulation ,
China ,
Comment Period ,
Emissions Trading System ,
Environmental Litigation ,
Environmental Policies ,
NGOs ,
Pollution Control ,
Public Interest ,
Sanctions ,
Site Remediation
In December 2015, world leaders met to negotiate the Paris Agreement. Setting aside whether the Paris Agreement goes too far, not far enough or is just right, one cannot dispute that government commitments to limit an...more
4/20/2016
/ China ,
Climate Change ,
Emissions Trading System ,
Energy Market ,
EU ,
Financial Markets ,
Greenhouse Gas Emissions ,
Paris Agreement ,
Popular ,
Private Equity ,
Socially Responsible Investments ,
UK ,
World Bank
The Paris Agreement, adopted by 195 countries following the 21st session of the Conference of Parties (COP 21), is the first multilateral agreement on climate change that covers almost all of the world’s emissions. The Paris...more
4/18/2016
/ China ,
Climate Change ,
Emissions Trading System ,
Energy Efficiency ,
Energy Policy ,
EU ,
European Commission ,
Greenhouse Gas Emissions ,
Intended Nationally Determined Contributions (INDC) ,
Investors ,
Paris Agreement ,
Popular ,
Renewable Energy
China’s 13th Five-Year Plan – Planning for a Greener Economy -
Last month China’s thirteenth “Five-Year Plan” (FYP13) was approved, setting out a social and economic development blueprint for the country for the next...more
4/14/2016
/ China ,
Climate Change ,
Emissions Trading System ,
Green Bonds ,
Greenhouse Gas Emissions ,
Intended Nationally Determined Contributions (INDC) ,
Paris Agreement ,
Popular ,
Renewable Energy ,
Reporting Requirements ,
Shanghai Stock Exchange ,
Solar Energy ,
Subsidies ,
Transportation Industry ,
Wind Power
The National Development and Reform Commission (NDRC), China’s central economic planning agency, issued several guidance documents relating to the upcoming national Emissions Trading System (ETS) in January this year. The...more
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