A Major Milestone in Decarbonizing the Maritime Sector and a New Source of Demand for Green and Low-Carbon Hydrogen Derivatives and Biofuels - On April 11, 2025, the International Maritime Organization’s (“IMO”) 83rd session...more
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
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
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
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
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
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
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
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
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
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
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
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 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
Last week, the Boston Zoning Commission adopted Net Zero Carbon (NZC) zoning. As addressed in our 2021 and 2023 advisories, this completes a three-part decarbonization strategy, along with the Specialized Energy Code and the...more
Today in the United States, there is no federal comprehensive statute addressing climate change. With the Trump Administration now in power, it is doubtful that any such statute will be forthcoming anytime soon. ...more
Welcome to Edition 23 of P2N0 covering the drive to reduce greenhouse gas (GHG) emissions to net-zero (NZE). Wishing you a belated Happy Calendar New Year. P2N0 identifies significant news items globally, reporting on them in...more
The scaling up of low carbon hydrogen technologies will be crucial for achieving the UK’s Net Zero target by 2050 and a sustainable energy future. Historically, hydrogen has been produced from fossil fuels and utilised across...more
Welcome to the twenty-second edition of P2N0 providing our take on the key news and themes arising during 2024. On January 19, 2025, the twenty-third edition of P2N0 will be published, covering key news items arising during...more
On 17 December 2024, the EU Platform on Sustainable Finance (the “Platform”), an advisory body to the European Commission (the “Commission”), has published a briefing note to the Commission, outlining their proposals for a...more
Baker Botts Partner, Michael Harrison, delves into the drive to achieve net-zero greenhouse gas (GHG) emissions (NZE). P2N0 highlights major global news items in concise summaries, with a focus on policy changes and project...more
On November 4, 2024, in the Public Service Commission (“PSC”)’s large-scale renewables and Clean Energy Standard docket (“Case 15-E-0302”), the New York State Department of Public Service (“DPS”) filed a document proposing...more
The Net-Zero Asset Owner Alliance (the Alliance), an influential coalition of pension funds and insurance companies holding a combined $9.5 trillion in assets, released a report on Wednesday calling on regulators worldwide to...more
We explore how the mining & metals sector is navigating the road to greenhouse gas emissions reduction and what more needs to be done to fulfil the sectors potential to become a beacon in the transition to net-zero....more