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Climate Change Oil & Gas Paris Agreement

Latham & Watkins LLP

COP28: Key Takeaways From the Annual Climate Conference in Dubai

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The first global stocktake, Article 6, carbon markets, new finance pledges, and the loss and damage fund formed the major developments at this year’s conference. Between November 30 and December 12, 2023, Dubai hosted the...more

Cadwalader, Wickersham & Taft LLP

IIGCC Publishes Net Zero Standard for Oil and Gas Sector

On April 18, 2023, the Institutional Investors Group on Climate Change (IIGCC) published a “Net Zero Standard for Oil & Gas.” Development of the Standard follows a two-year collaborative process led by IIGCC with support from...more

Cadwalader, Wickersham & Taft LLP

Increased Investor Pressure for More Ambitious Climate Pledges Ahead of AGMs

In early April, the climate activist shareholder group, Follow This, filed shareholder resolutions seeking stronger energy transition strategies from several oil “super-majors.” The resolutions have been filed in advance of...more

White & Case LLP

United States and Canada Request Consultations Over Mexico's Energy Policies Under USMCA

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On July 20, 2022, the United States requested consultations with Mexico under the Dispute Settlement chapter of the United States-Mexico-Canada Agreement (USMCA), arguing that several of Mexico’s energy policies are...more

Latham & Watkins LLP

The Energy Regulation and Markets Law Review - 11th Edition - France

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In our 11th year of writing and publishing The Energy Regulation and Markets Review, the most pressing global concerns are inflation, supply chain concerns, the Ukraine war and continuing effects from the covid-19 pandemic....more

Bracewell LLP

Challenging Policy on Climate Change Grounds

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Divisional Court split on challenge against UK Export Finance’s decision to provide finance to the Mozambique LNG Project - In R (on the application of Friends of the Earth Limited) (the “Claimant”) v The Secretary of...more

Jones Day

ClientEarth Threatens Legal Action Against Shell's Directors in England and Wales

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On 15 March 2022, ClientEarth announced that it had written to Shell's board of directors informing them of its intent to bring a claim on behalf of the company for the board's failure to implement a Paris Agreement compliant...more

Flaster Greenberg PC

Russia's Invasion Of Ukraine Forces A Rethink Of American Energy Policies

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Shortly before Russia invaded Ukraine on Thursday, February 23, President Biden reinstated the sanctions against the Nord Stream 2 pipeline that he had waived only last year. Depending on what side of the political divide you...more

Morgan Lewis

2021 Year in Review: Climate Change

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The global impact of our planet’s changing climate garnered significant attention in 2021. The United States rejoined the Paris Agreement at the beginning of the year, and in November, during the United Nations Climate Change...more

Vinson & Elkins LLP

The Outlook for Accessing Capital in the Oil and Gas Sector

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At the World Energy Capital Assembly (WECA) on November 29, 2021, a panel of experts provided their insights on the ability of companies in the oil and gas sector to access and maintain capital in the current economic and...more

White & Case LLP

COP26 and the Global Race to Net Zero

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World leaders and delegates are meeting in Glasgow for the next round of climate change negotiations at the twenty sixth Conference of the Parties ("COP26") being held from 31 October to 12 November, following a year-long...more

Akin Gump Strauss Hauer & Feld LLP

In the Absence of Congressional Action, Expect Executive Action to Advance U.S. Methane Reduction Goals in the Lead-up to COP26

As the United Nations Climate Change Conference (COP26) in Glasgow approaches, many countries are turning their sights on methane emission reductions as a major prong of their international climate commitments. Over the...more

Bennett Jones LLP

Canada Opens Initial Consultations on New Carbon Pricing Mechanism

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On August 5, 2021, the Government of Canada announced its launch of an initial exploratory phase of consultations on border carbon adjustments (BCAs), along with the release of a discussion paper. These exploratory...more

Akin Gump Strauss Hauer & Feld LLP

Congress Cancels Trump-era Methane Rule Amendments, Restoring Prior Standards

Yesterday evening, President Biden signed Congress’s resolution to use the Congressional Review Act (CRA) to reject a September 2020 U.S. Environmental Protection Agency (EPA) rule that rescinded methane emission standards...more

McGuireWoods LLP

A Change of Climate in the Courts

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On 26 May 2021, the Hague District Court in the Netherlands issued an historic judgment in Milieudefensie et al. v. Royal Dutch Shell plc, a case brought by a number of environmental groups and individual claimants against...more

Jones Day

Climate Change Litigation Bombshell: Dutch Lower Court Orders Royal Dutch Shell to Reduce CO2 Emissions

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The Ruling: On May 26, 2021, the Hague District Court ("Court") issued a ruling ordering Royal Dutch Shell Plc ("RDS"), the parent company of the Shell group with its registered office in the Netherlands, to ensure that the...more

BCLP

Momentum Shifts as Investors Consider Growing Link Between ESG and EPS

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A trio of recent developments illustrate growing support for Environmental Social and Governance (ESG) initiatives in the U.S., as well as abroad. ESG regulatory and legal risks now appear top of mind for institutional...more

Bennett Jones LLP

Alberta Plans to Introduce a Competitive Process for Carbon Sequestration Tenure

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On May 12, 2021, the Government of Alberta issued a statement to announce that it will now be granting carbon sequestration rights through a competitive process. Carbon capture utilization and storage (CCUS) is a method where...more

Skadden, Arps, Slate, Meagher & Flom LLP

Climate Change a Focus of Environmental Policy, Infrastructure Plan

President Biden took a number of Day One actions to help fulfill his promises to achieve a carbon-free power sector by 2035 and to put America on an irreversible path to a net-zero carbon emission economy by 2050. Addressing...more

Gray Reed

Climate Change 101 for Landmen and Lawyers: Uninhabitable Earth or False Alarm? (Part 4)

Gray Reed on

This is a continuation of a five part series reviewing False Alarm, How Climate Panic Costs us Trillions, Hurts the Poor, and Fails to Fix the Planet, by Bjorn Lomborg....more

White & Case LLP

At Earth Day Summit, Biden Commits United States to Ambitious Goal of Cutting Emissions by Half by 2030 as the European Union...

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Over April 22nd and 23rd, the Biden administration hosted 40 world leaders in a climate summit coinciding with Earth Day. The leaders announced a variety of pledges and ambitions relating to curbing greenhouse gas emissions...more

Morgan Lewis

Race Around the World to Achieve Net Zero Energy Consumption

Morgan Lewis on

Since the 2015 Paris Agreement, countries around the globe have been analyzing their energy and development strategies and planning to meet their commitments. While some countries have made progress by, among other things,...more

Gray Reed

Climate Change 101 for Landmen and Lawyers: Uninhabitable Earth or False Alarm? (Part 1)

Gray Reed on

Joe Biden’s inauguration as President of the United States promises to bring the issue of climate change to the fore in the United States like never before. There is likely no issue on the horizon more likely to affect the...more

Akin Gump Strauss Hauer & Feld LLP

Previewing the Biden Administration’s International Climate Diplomacy Agenda: Part 1

The Biden administration’s international climate diplomacy agenda is taking shape. While rejoining the Paris Agreement is the centerpiece, President Biden’s January 27 Executive Order on Tackling the Climate Crisis at Home...more

McGuireWoods LLP

President Biden’s Energy Policy: Early Executive Orders and Key Rapid Regulatory Changes

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After setting lofty climate change goals and promising a clean energy revolution, the Biden administration is expected to move quickly in its first hundred days to restore regulations and revamp agencies. This alert...more

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