Is My Company Required to Comply with the Paris Agreement?
Nota Bene Episode 33: Congressional Check-In for Q2: Paris Agreement, Presidential Nominees, and Privacy with Elizabeth Frazee
The “rulebook” for the technical and operational aspects of Article 6 of the Paris Agreement, which facilitates countries engaging in projects that reduce greenhouse gas emissions and selling the associated carbon credits to...more
The 28th United Nations (U.N.) Climate Change Conference of the Parties (COP28) wrapped up in Dubai in mid-December 2023. This Article summarizes key takeaways and describes the potential implications for businesses and...more
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
COP28, the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change, came to an end in Dubai on December 13, 2023. The nearly 200 states reached what has been labelled a “historic” agreement...more
The Supervisory Body published the Methodology Guidance and the Removal Guidance to be presented for discussion in COP28. After two years of discussion, the Supervisory Body (SB) responsible for determining the...more
According to the 2022 World Energy Outlook of the International Energy Agency, the industry sector generates 45 percent of the total direct emission from end-users and it will be extremely difficult to reach net zero without...more
Until now, however, no comprehensive estimate existed of the of that opportunity, (or, to put it another way, the size of the financing gap between committed spending and the investment needed to deliver Net Zero by 2050...more
Article 6.4 of the Paris Agreement to the United Nations Framework Convention on Climate Change ("UNFCCC") provides a structure for a carbon credit market on which greenhouse gas ("GHG") emission reductions or removals may be...more
“A controversial natural gas pipeline in West Virginia appears dead for now after it failed to make next year’s spending bill from Congress.” Why this is important: With apologies to Mark Twain, the reports of the...more
Extensive negotiations focused on finalizing the details of a “rulebook” for an international carbon market under Article 6 of the Paris Agreement. The 27th annual Conference of Parties (COP27) of the United Nations...more
From November 6 to November 18 of this year, climate leaders will convene in Sharm el Sheikh, Egypt, for the United Nations Framework Convention on Climate Change’s (UNFCCC) 27th Conference of the Parties (COP 27). COP 27...more
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
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
Amendments to the Act on Special Measures Concerning Procurement of Electricity from Renewable Energy Sources by Electricity Utilities (Act No. 108 of 2011; the Act will also be renamed the “Act on Special Measures Concerning...more
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
With an attendance of more than 190 world leaders, the long-awaited twenty-sixth Conference of the Parties (COP26) concluded with agreement on the Glasglow Climate Pact and the Paris Rulebook. Amid mixed views of whether...more
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
The Biden Administration’s April 2021 pledge for new U.S. commitments to the Paris Agreement calls for an 80% reduction of electric power greenhouse gas emissions by 2030. The Administration also is committed to achieving...more
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
The Glasgow conference was praised as a huge step forward in tackling climate change, but also drew criticism for not going far enough. Between 31 October and 12 November 2021, Glasgow hosted the 26th annual Conference...more
Reflecting back on the 26th meeting of the Conference of the Parties to the U.N. Framework Convention on Climate Change (UNFCCC), or “COP26,” it may well become known as the “Pledge and Commitment COP.” Governments,...more
As the delegates of the 26th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC) (COP26) return from two hard weeks in Glasgow, significant progress has been made on establishing...more
This briefing brings together, in a single easy-to-navigate directory, the statements, declarations and announcements made by governments and organizations during COP26. COP26 was the 26th Conference of the Parties to the...more
As COP26 spilled over into Saturday, one of the key issues being debated throughout the course of the conference remained outstanding—agreement on the implementation of Article 6 of the Paris Agreement. Negotiations on...more
The long anticipated 26th United Nations Climate Change Conference of the Parties (COP26) kicked off last week in Glasgow and we have been closely monitoring the events of the conference, particularly where Singapore and the...more