Podcast - Carbon Markets Lightning Round: State and Federal Updates
Across the Board-Episode 6, will your assets be stranded?
Escalating tensions between the United States and Iran are reverberating far beyond the immediate theater of armed conflict. Energy markets have responded quickly, with oil and gas prices rising amid concerns over supply...more
REGULATORY ISSUES & UPDATES - The CBAM Definitive Phase: Between Regulatory Ambition and Political Hesitation - The EU's Carbon Border Adjustment Mechanism ("CBAM") imposes carbon costs on imports of cement, iron,...more
No matter your views on climate change policy, there is no avoiding an increasing focus on carbon regulation, resiliency planning, and energy efficiency at nearly every level of government and business. Changes in carbon—and,...more
On February 10, 2026, EPPA, a Brussels-based regulatory and public affairs consultancy, will hold a webinar on “Shaping the ETS/CBAM Reforms: Strategic Insights for Energy-Intensive industries.” According to EPPA, as of 2026,...more
Our energy regulatory teams across Europe provide updates to clients on a regular basis. This newsletter contains a selection of recent UK news items of relevance to the energy transition and more generally to the energy and...more
The 30th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP30) carried lower expectations than some prior COPs. Without an official delegation from the U.S. in attendance and the 2015...more
The Conference of the Parties, the decision-making body responsible for monitoring and reviewing the implementation of the United Nations Framework Convention on Climate Change, recently convened COP30, the 30th session of...more
In July 2025, the UK government (along with the Scottish government, the Welsh government, and the Department of Agriculture, Environment and Rural Affairs for Northern Ireland) (together "the Authority") published an interim...more
On October 17, 2025, the International Maritime Organization (“IMO”) voted to delay, for 12 months, its long-awaited decision on adoption of rules to decarbonise international shipping. A new vote on the so-called IMO...more
Canada's budget 2025, released on November 4th, outlines the federal government's "Climate Competitiveness Strategy" as part of the government's new vision for climate-change policy. This is the liberal government's first...more
On October 16 and 17, 2025, the Brazilian Federal Government took new steps toward implementing the Brazilian Greenhouse Gas Emissions Trading System (SBCE) and promoting carbon markets in Brazil. Decree No. 12,677/2025...more
From October 14–17, 2025, the Marine Environment Protection Committee (“MEPC”) of the International Maritime Organization (“IMO”) convened an extraordinary session in London to consider formal adoption of draft amendments to...more
Gov. Gavin Newsom last Friday, September 19, signed into law a sweeping package of climate and environment bills. The bills include an extension of the state’s nation-leading cap-and-trade program through 2045. Through...more
In separate developments, the European Commission (the “Commission”) opened a public consultation on the extension of the Carbon Border Adjustment Mechanism (CBAM) to downstream products and on additional anti-circumvention...more
The Greenhouse Gas Emissions Trading Scheme (Amendment) (No. 2) Order 2025 (SI 2025/124) has been published, alongside an explanatory memorandum. It was made on 5 February and comes into force on 31 March. The instrument...more
Welcome to Edition 24 of P2N0 covering the drive to reduce greenhouse gas (GHG) emissions to net-zero (NZE). Wishing you a belated Happy and Prosperous Year of the Snake. P2N0 identifies significant news items globally,...more
The 29th Conference of the Parties (“COP29”) of the UN Framework Convention on Climate Change (“UNFCC”) is set to take place in Baku, Azerbaijan, from 11 to 22 November 2024. This is the first in a series of posts BCLP’s...more
The Commodity Futures Trading Commission (CFTC) on Sept. 20, 2024, finalized guidance (the Final Guidance) regarding the listing of voluntary carbon credit (VCC) derivatives on CFTC‑regulated exchanges. The CFTC previously...more
On May 28, multiple federal agencies in conjunction with the White House published a Joint Policy Statement that laid out the principles for the further development of future, high-integrity voluntary carbon-credit markets....more
In this episode of our "An Energized Exchange" podcast series by our Energy & Natural Resources Industry Sector Group, attorneys Alex Holtan and Andy Kriha shine a light on all things carbon markets, both voluntary and...more
On March 6, 2024, the Securities and Exchange Commission (SEC) finalized its long-awaited climate disclosure rules on a party-line 3-2 vote. The new rules have been significantly watered down from the SEC’s March 21, 2022...more
In 2022, Pennsylvania became the 12th member of the Regional Greenhouse Gas Initiative (“RGGI”). Pennsylvania joined RGGI pursuant to a 2019 executive order and a subsequent rulemaking promulgated by the state’s Department of...more
The Securities & Exchange Commission ("SEC") issued its long-awaited final rule concerning climate disclosures, entitled “The Enhancement and Standardization of Climate-Related Disclosures for Investors” (“Climate Disclosure...more
The Eligibility List sets out the approved host countries, carbon crediting programmes, and methodologies that meet the established Eligibility Criteria in Singapore. On 19 December 2023, the Ministry of Sustainability...more