News & Analysis as of

Climate Change

Mayer Brown

Out With a Whimper: BCBS Publishes Climate Disclosure Framework

Mayer Brown on

On June 13, 2025, the Basel Committee on Banking Supervision (“BCBS”) published its framework for the disclosure of climate-related financial risks. The framework is entirely voluntary and has several notable changes from...more

Allen Matkins

California’s New Climate-Related Disclosure Laws: Requirements, Compliance Costs, and Deadlines for Impacted Businesses

Allen Matkins on

California is often the vanguard of climate-related policies and programs. From legislation requiring the state to reduce overall greenhouse gas (GHG) emissions and procure electricity from renewable and carbon-free sources...more

Allen Matkins

Every Drop Counts: Urban Water Retailers and the Future of California Water Conservation

Allen Matkins on

Beginning January 1, 2025, the “Making Conservation a California Way of Life” regulatory framework requires urban retail water suppliers — not individual households or businesses — to adopt a series of “urban water use...more

Allen Matkins

Legislature’s Report Captures California’s Permitting Reform Zeitgeist and Creates the Launchpad for More Than 20 New Housing...

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In the summer of 2024, the State Assembly Select Committee on Permitting Reform began convening public hearings, interviews, and forums to understand how to reform land use permitting to address California’s ongoing “housing...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Long-Term Planning Among Regulated Natural Gas Utilities: National Association of Regulatory Utility Commissioners Report...

The National Association of Regulatory Utility Commissioners (“NARUC”) has issued a report titled: Long-Term Planning among Regulated Natural Gas Utilities: A Review of State Requirements (“Report”)....more

Latham & Watkins LLP

New Verra Methodology Aims to Create Carbon Credits Through Accelerated Retirement of Coal-Fired Power Plants

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The methodology outlines a three-step approach for obtaining credits: retirement of coal-fired power plants, generation of replacement renewable electricity, and assurance of a just transition....more

Jones Day

The Climate Report | Second Quarter 2025

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Trump Paves Way for Coal Renaissance and Targets State Climate Change Efforts - In early April, President Trump issued several presidential actions to revive the coal industry, including rolling back environmental...more

Jenner & Block

California Vehicle Waiver: Congressional Review Act Showdown

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The Congressional Review Act (“CRA”), enacted in 1996, allows Congress to disapprove federal regulations promulgated by government agencies within 60 legislative working days after the rule is submitted to Congress. In order...more

Jones Day

Climate Resilience Under Legal Scrutiny: France's Adaptation Plan Challenged in Groundbreaking Action

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On April 7, 2025, a coalition of climate-impacted individuals and leading environmental NGOs—including Greenpeace and Notre Affaire à Tous—addressed a formal notice to the French government, challenging France's adaptation...more

Jones Day

Environmental Groups Sue New York to Implement Greenhouse Gas Reduction Law

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On March 31, 2025, a coalition of environmental groups in New York filed a lawsuit to compel the New York Department of Environmental Conservation ("DEC") to issue regulations implementing the Climate Leadership and Community...more

Cozen O'Connor

Update on California's Climate Disclosure Laws: What Companies Need to Know

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On May 29, 2025, the California Air Resources Board (CARB) held a virtual public workshop to discuss forthcoming regulations implementing California’s corporate climate disclosure laws. The workshop focused on the scope of...more

White & Case LLP

Germany’s “Climate Case” concludes – What Does This Mean for Future Climate Lawsuits?

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After eight years of legal proceedings, the Hamm Higher Regional Court has issued its final judgment in the Lliuya v. RWE AG case. The court dismissed the appeal by Mr. Luciano Lliuya without allowing for further appeal...more

Jones Day

From TCFD to CRFR: Decoding the Basel Committee’s Climate Disclosure Drive

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On June 13, 2025, the Basel Committee on Banking Supervision released a voluntary framework for climate-related financial risk disclosures, marking a significant advancement in global banking transparency. This framework...more

Jones Day

Evolving NEPA Regulations May Facilitate Energy Projects

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The National Environmental Protection Act ("NEPA") requires that federal agencies assess the environmental effects of their proposed actions prior to making final decisions, including decisions on issuing federal permits,...more

BakerHostetler

[Podcast] The Cloakroom with Peter Roskam: 36th Annual Legislative Seminar – Congressman Ted Lieu, D-CA

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Former Congressman Peter Roskam, who leads BakerHostetler’s Federal Policy team, provides listeners with a front-row seat to the most important policy and political debates in Congress. In this episode of “The Cloakroom with...more

Jones Day

Congressional Review Act: How Congress Can Rescind the Former Administration's Guidance on the Environment, Climate, and Energy

Jones Day on

On January 30, 2025, Senator John Kennedy of Louisiana proposed a joint resolution of disapproval aimed at rescinding the recent Commodity Futures Trading Commission ("CFTC") Guidance on Carbon Credits ("the Guidance"). The...more

Jones Day

UK's Climate Change Committee Publishes Seventh Carbon Budget

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The UK's Climate Change Act 2008 requires the UK government to set five-year carbon budgets that cap total greenhouse gas ("GHG") emissions. The UK is currently operating within its Fourth Carbon Budget, which covers the...more

Miller Nash LLP

California Climate Disclosure Laws Will Go Into Effect Before California Air Resources Board Finalizes Regulations

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On May 29, 2025, the California Air Resources Board (CARB) hosted a virtual public workshop to discuss its progress in implementing California’s sweeping new climate disclosure laws. California Senate Bills (SB) 253, 261, and...more

Bracewell LLP

France’s Nuclear Gamble: Status, Challenges and the Road Ahead

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France is doubling down on nuclear energy. Once a symbol of national pride and now the backbone of its decarbonized electricity mix, nuclear power is experiencing a full-fledged renaissance in France. After years of...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Driving Loss Reduction Through State-Created Residual Insurance Markets: Environmental Defense Fund/Cornell University Report

The Environmental Defense Fund (“EDF”) and Cornell University issued a report titled: Driving Loss Reduction Through State-Created Residual Insurance Markets (“Report”)....more

Allen Matkins

California Environmental Law & Policy Update 6.13.25

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The U.S. Environmental Protection Agency (EPA) moved this Wednesday to erase limits on greenhouse gases from power plants and to weaken restrictions on other hazardous power plant emissions, including mercury, arsenic, and...more

WaterStreet Company

2025 Hurricane Season for Insurance

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As the 2025 hurricane season unfolds, insurance companies prepare. Early summer is time to closely monitor hurricane forecasts, assess risks, and account for financial implications that could arise due to increased property...more

Jones Day

Trump Paves Way for Coal Renaissance and Targets State Climate Change Efforts

Jones Day on

In early April, President Trump issued several energy-related presidential actions aimed at reviving the coal industry. These actions could boost the domestic coal industry, including by rolling back environmental regulations...more

Jones Day

Uneven Stop-the-Clock Provisions Throughout Europe on Sustainability Reporting

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As discussed in a previous article, the European Union is seeking to "bring competitiveness and climate goals together," and therefore launched a reform package—the Omnibus package—regarding sustainability reporting and...more

Fenwick & West LLP

New York Passes on Mandatory Sustainability Reporting

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New York has failed to adopt climate reporting requirements in the 2025 legislative session, according to Forbes. ...more

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