News & Analysis as of

Net Zero

Ropes & Gray LLP

New York City Pension Funds Double Down on Decarbonization – New Expectations Will Impact Managers and Their Portfolio Companies

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Over the last few months, most of the attention in the climate space in the U.S. has been on the dramatic, and expected, shift in federal government policy. However, some “blue state” officials continue to seek to advance...more

Troutman Pepper Locke

California’s AB 550: A Blueprint for Balancing Development and Species Conservation

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California’s drive toward a net-zero carbon economy by 2045 is sparking innovative solutions to harmonize environmental conservation with infrastructure development. Assembly Bill (AB) 550, sponsored by Assembly Member...more

Baker Botts L.L.P.

P2N0 - Edition 30 - News and Views on the Drive Towards Net-Zero GHG Emissions

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Welcome to Edition 30 of P2N0 covering the drive to avoid, reduce and remove greenhouse gas (GHG) emissions to reach net-zero emissions (NZE). P2N0 covers significant news items globally, reporting on them in short form,...more

Hogan Lovells

ESG Market Alert UK – May 2025

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In our latest round-up of developments in ESG for UK clients, we cover the following topics: North Sea Transition Taskforce Report with recommendations for the UK’s energy transition New B Corp rules unveiled Delay to...more

Vinson & Elkins LLP

More Watts Less Carbon; The Challenges of Innovating To Accommodate the Energy Demands of Data Centre Projects Without...

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This article explores how legal frameworks, procurement strategies, and engineering practices must evolve to address this clash, drawing lessons from sectors such as aviation and offshore wind. It argues that standard...more

Vinson & Elkins LLP

International Maritime Organization Approves Carbon Credit Scheme for Shipping

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On April 11, 2025, the Marine Environment Protection Committee (“MEPC”) of the International Maritime Organization (“IMO”) announced the approval of a long-awaited framework to reduce greenhouse gas (“GHG”) emissions from the...more

Mayer Brown

IMO Approves New Regulatory Package to Decarbonize International Maritime Transport

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Between April 7 and 11, 2025, during the 83rd session of the Marine Environment Protection Committee (MEPC), the International Maritime Organization (IMO) approved a new set of regulatory measures aimed at reducing greenhouse...more

Troutman Pepper Locke

Empire Wind 1 Stop-Work Order Targets Offshore Wind but Raises Questions for Other Industries

Troutman Pepper Locke on

On Wednesday, April 16, Secretary of the Interior Doug Burgum directed the Bureau of Ocean Energy Management (BOEM) to order Equinor to “stop work” on its 812 megawatt Empire Wind 1 project just outside of New York Harbor....more

Baker Botts L.L.P.

P2N0 - Edition 29 - News and Views on the Drive Towards Net-Zero GHG Emissions

Baker Botts L.L.P. on

Welcome to Edition 29 of P2N0 covering the drive to avoid, reduce and remove greenhouse gas (GHG) emissions to reach net-zero emissions (NZE). P2N0 covers significant news items globally, reporting on them in short form,...more

Beveridge & Diamond PC

Maryland’s Building Energy Performance Standards: Recent Legislative Amendments Could Impact Looming Compliance Deadline

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Background on the Building Energy Performance Standards - After the Maryland General Assembly passed the Climate Solutions Now Act of 2022 (CSNA), MDE engaged in a series of rulemakings; the current regulations were...more

Jones Day

FCA Confirms It Will Not Be Creating New Rules On Sustainability-related Governance, Incentives, And Competence

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In early 2023, the FCA released a discussion paper seeking to encourage industry-wide dialogue on financial services firms’ sustainability-related governance, incentives, and competence. This was part of the FCA's broad...more

Stikeman Elliott LLP

Permitting Reform and Electrification

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Canada is committed to achieve net-zero carbon emissions by 2050. To do this will almost certainly require a substantial degree of electrification – namely an increased use of clean, non-carbon emitting forms of electricity....more

Baker Botts L.L.P.

P2N0 - Edition 28 - News and Views on the Drive Towards Net-Zero GHG Emissions

Baker Botts L.L.P. on

Welcome to Edition 28 of P2N0 covering the drive to avoid, reduce and remove greenhouse gas (GHG) emissions to reach net-zero emissions (NZE). P2N0 covers significant news items globally, reporting on them in short form,...more

Vedder Price

Global Transportation Finance Newsletter: September 2024

Vedder Price on

SAF: Understanding Lifecycle Emissions - The Executive Summary to the International Air Transport Association’s (IATA) Net Zero Roadmaps1 acknowledges that aviation is “one of the hardest sectors to decarbonize” but notes...more

Jones Day

SBTi Releases Draft Revision of Corporate Net-Zero Standard

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The Science Based Targets initiative (SBTi) has released a 132-page draft revision of the Corporate Net-Zero Standard (Version 2.0). Key proposed changes include...more

Baker Botts L.L.P.

P2N0 - Edition 27 - News and Views on the Drive Towards Net-Zero GHG Emissions

Baker Botts L.L.P. on

Welcome to Edition 27 of P2N0 covering the drive to reduce greenhouse gas (GHG) emissions to net-zero (NZE). P2N0 covers significant news items globally, reporting on them in short form, focusing on policy settings and legal...more

Mayer Brown

Offices: Repurpose or Retrofit – Where Are We Today?

Mayer Brown on

The office market was thrown into turmoil in the post-pandemic shift towards flexible working. Businesses battled with uncertainty over the future of the workplace and whether big glossy office spaces would become obsolete in...more

Morgan Lewis

Energy Storage Legislation Updates in the European Union and United Kingdom

Morgan Lewis on

Discover the evolving policies and regulations of the European Union and United Kingdom, with both issuing landmark legislation in the energy storage. EUROPEAN UNION DEVELOPMENTS EU energy storage initiatives are a key part...more

Baker Botts L.L.P.

P2N0 - Edition 26 - News and Views on the Drive Towards Net-Zero GHG Emissions

Baker Botts L.L.P. on

Welcome to Edition 26 of P2N0 covering the drive to reduce greenhouse gas (GHG) emissions to net-zero (NZE). P2N0 covers significant news items globally, reporting on them in short form, focusing on policy settings and...more

Davies Ward Phillips & Vineberg LLP

Consultation on Proposed Guidelines on Environmental Claims and the Competition Act

While ensuring accurate environmental claims is a laudable goal, unclear standards risk deterring businesses from informing the public of their efforts to achieve environmental goals. Ultimately, if businesses are deterred...more

DLA Piper

Horizon - ESG Regulatory News and Trends - February 2025

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US formally submits notification of withdrawal from Paris Agreement. On January 27, 2025, Dorothy Camille Shea, the US acting ambassador to the United Nations, submitted a notification of withdrawal from the Paris Agreement...more

Baker Botts L.L.P.

P2N0 - Edition 25 - News and Views on the Drive Towards Net-Zero GHG Emissions

Baker Botts L.L.P. on

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

Mintz

Increasing Divergence Between US and EU Banks in Approach to Climate Change

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Over the past several weeks, each of the major US banks have announced their withdrawal from the Net Zero Banking Alliance (presumably in response to the policy priorities of the second Trump Administration). Although...more

Hogan Lovells

UK onshore windfarms – Clean energy is just blowing in the wind

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The UK government’s support for onshore wind farms as part of its broader strategy to combat climate change and transition to greener renewable energy sources has fluctuated over recent years however it looks to be firmly...more

Akin Gump Strauss Hauer & Feld LLP

U.S. Submits Withdrawal from the Paris Agreement: Potential Implications?

The Withdrawal - The United States’ Acting Ambassador to the United Nations (U.N.) submitted a notification of withdrawal from the Paris Agreement on January 27, 2025, which is set to become effective one year after...more

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