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Greenhouse Gas Emissions Carbon Taxes

Baker Botts L.L.P.

P2N0 - Edition 14 - News and Views on the Drive Towards Net-Zero GHG Emissions

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Welcome to the fourteenth edition of P2N0 covering the drive to reduce greenhouse gas (GHG) emissions to net-zero (NZE). P2N0 identifies significant news items globally, reporting on them in short form, focusing on policy...more

Bennett Jones LLP

Government of Alberta Unveils Further Details Regarding the Alberta Carbon Capture Incentive Program

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On April 3, 2024, the Alberta Government released additional details on the Alberta Carbon Capture Incentive Program (ACCIP), which will support and accelerate the development of new carbon capture, utilization and storage...more

Latham & Watkins LLP

UK Government Announces New Import Carbon Pricing Mechanism

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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

BakerHostetler

Overview of the Inflation Reduction Act's Methane Tax

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Part I of this three-part methane update discussed the state of substantive methane regulation in the United States and touched on the Inflation Reduction Act’s (“IRA” or “the Act”) addition of Section 136 to the Clean Air...more

White & Case LLP

European Parliament and Council Reach Agreement on Carbon Border Adjustment Mechanism and EU Emissions Trading System

White & Case LLP on

The European Parliament and Council of the European Union have reached an agreement on the text of the EU Carbon Border Adjustment Mechanism regulation and the directive providing an updated EU Emissions Trading System....more

Akin Gump Strauss Hauer & Feld LLP

The Inflation Reduction Act Applies the Polluter Pays Principal: Carbon Tax Will Accelerate Reduction of Methane Emissions

The Inflation Reduction Act (“IRA”) includes a variety of incentives, including tax credits and grants, for US industries to reduce greenhouse gas (“GHG”) emissions. The IRA also includes a significant “disincentive” for...more

White & Case LLP

European Parliament and Council adopt positions on ETS and CBAM proposals: next steps—final agreement & formal adoption

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The EU "Fit for 55" package, if adopted, will significantly reshape environmental regulation in Europe, with impact beyond the EU's borders. In this alert, we focus on developments in two of the most impactful files, the...more

A&O Shearman

Indonesia passes carbon tax bill as part of GHG regulation effort

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There are two important legislative developments in Indonesia as the country attempts to meet its obligations under the Paris Agreement. Indonesia’s House of Representatives (Dewan Perwakilan Rakyat or DPR) has passed an...more

Hogan Lovells

The EU Carbon Border Adjustment Mechanism proposal and considerations for U.S. businesses

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The EU CBAM proposal signals a transformation of the European carbon pricing regulations. U.S. businesses with significant European operations, or with operations in emissions-intensive, trade-exposed industry sectors, should...more

Akin Gump Strauss Hauer & Feld LLP

UK’s Post Brexit Emissions Trading Scheme Goes Live

As a consequence of Brexit, the United Kingdom also left the European Union Emissions Trading System (EU ETS). The U.K.’s replacement cap and trade program, the U.K. Emissions Trading Scheme (U.K. ETS), went live on Wednesday...more

MoFo Life Sciences

UK’S New Emissions Trading Scheme Hosts First Auctions

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On January 1, 2021, the UK launched its very own emissions trading scheme (the “UK ETS”) exercising its autonomy since departing the EU. Under this scheme, companies operating in certain sectors can trade emission allowances...more

Gray Reed

Climate Change 101 for Landmen and Lawyers: Uninhabitable Earth or False Alarm? (Part 3)

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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

Blake, Cassels & Graydon LLP

Répercussions de la constitutionnalité de la Loi sur la tarification de la pollution causée par les gaz à effet de serre

Dans le Renvoi relatif à la Loi sur la tarification de la pollution causée par les gaz à effet de serre (l’« arrêt »), une majorité de juges de la Cour suprême du Canada (la « CSC ») a déclaré que la Loi sur la tarification...more

Blake, Cassels & Graydon LLP

Now That the Greenhouse Gas Pollution Pricing Act Has Been Determined to be Constitutionally Valid – What Does it All Mean?

In Reference re Greenhouse Gas Pollution Pricing Act (Decision), a majority of the Supreme Court of Canada (SCC) declared that the federal Greenhouse Gas Pollution Pricing Act (Act) is constitutional. This Bulletin discusses...more

WilmerHale

The Biden Administration’s Approach to the Social Cost of Carbon

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As part of his comprehensive climate change agenda, President Biden convened a task force to assess the social cost of greenhouse gases. At the end of February, the task force published an interim report estimating the “cost”...more

Blake, Cassels & Graydon LLP

Changements climatiques: mesures gouvernementales, réserve judiciaire et obligations d’information des sociétés

En cette période de pandémie mondiale, si les questions de santé monopolisent une grande partie de notre attention, les changements climatiques n’en demeurent pas moins à l’avant-plan des enjeux avec lesquels les...more

Blake, Cassels & Graydon LLP

Climate Change: Government Action, Judicial Restraint and Corporate Disclosure

While our attention is primarily on health issues during this global pandemic, climate change remains at the forefront of issues being addressed by governments, courts and businesses. This bulletin summarizes some of the...more

Bennett Jones LLP

B.C. Carbon Tax Increase Delayed Further Due to COVID-19

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On September 2, 2020, the Government of British Columbia announced that it will further delay implementation dates for changes to the B.C. Carbon Tax and Provincial Sales Tax (PST) due to COVID-19....more

Bennett Jones LLP

Canada's Attempt to Forever Alter the Constitutional Balance Impeded: Alberta Court of Appeal Rules

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The Alberta Court of Appeal, in a 4-1 decision, has ruled that the federal carbon pricing regime contemplated by the Greenhouse Gas Pollution Pricing Act, SC 2018, c12 s186 (the "Act") is unconstitutional, becoming the first...more

Bennett Jones LLP

Five Cases to Watch at the Supreme Court of Canada this Winter

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The Supreme Court this winter will hear (and in one case, has heard and determined) high-profile appeals involving federal and provincial government powers, corporate rights under the Charter of Rights and Freedoms, and two...more

Foley Hoag LLP - Environmental Law

Hope Springs Eternal at the Climate Leadership Council

The Carbon Leadership Council, everyone’s favorite group of former grand poohbahs, is still working at building support for its “carbon dividends” plan. Hope springs eternal. And I don’t mean to make light of the CLC’s...more

Bennett Jones LLP

Second Appeal Court Rules Federal Carbon Tax Constitutional but the Debate Continues

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With its decision on June 28, 2019, the Ontario Court of Appeal became the second appellate court to conclude that Canada's federal carbon tax regime complies with the Constitution. The Saskatchewan Court of Appeal released a...more

Foley Hoag LLP - Environmental Law

Last of An Endangered Species Spotted on Capitol Hill: A Practical Senator

Bloomberg Environment (subscription required) is reporting this morning that Senator Chris Coons is trying to persuade Democrats that they should agree to limit EPA’s authority to regulate greenhouse gases in return for GOP...more

Bennett Jones LLP

Federal Carbon Tax Ruled Constitutional... For Now

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On May 3, 2019, the Saskatchewan Court of Appeal (SKCA) released its lengthy decision in Reference re Greenhouse Gas Pollution Pricing Act, 2019 SKCA 40. This much-anticipated decision represents the first judicial...more

King & Spalding

The Climate Change Debate--A New Direction

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The contentious and partisan debate in Washington over climate change policy may be shifting in a new direction—one that is driven not by partisanship but by a group of bipartisan members of Congress and the engagement and...more

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