News & Analysis as of

Regulatory Reform Net Zero

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

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

Jones Day

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

Jones Day on

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

A&O Shearman

UK energy: the new National Future System Operator and Clean Power 2030

A&O Shearman on

The new UK Government has taken several recent steps in its mission to achieve security of supply of affordable clean energy. We discuss its autumn flurry of energy and infrastructure related announcements in our article New...more

A&O Shearman

New UK Government bets big on energy and infrastructure

A&O Shearman on

UK energy and infrastructure developments have been coming thick and fast as the new Government gets its feet under the table. With the Autumn Budget headlining a flurry of announcements on energy and infrastructure policy...more

(ACOEL) | American College of Environmental...

Good to the Last Drop?

Our national climate goals of net zero emissions, renewable energy transition, electrified vehicle fleets, clean steel, green hydrogen, and the rest of the package focus on the ramp-up of clean energy sources and end uses. As...more

A&O Shearman

Infrastructure delivery for the route to Net Zero

A&O Shearman on

Are regulations across the lifecycle of a low-carbon infrastructure project helping or hindering the transition? What structures helping the route to Net Zero have been introduced so far? In which fields is work still to be...more

Mayer Brown

Singapore’s Carbon Regulations: Paving The Way For The Green Plan 2030

Mayer Brown on

Recognising the threat of climate change and the importance of sustainable development, Singapore has made a commitment to establishing a robust framework of environmental and climate change laws and regulations – an...more

Fenwick & West LLP

California Adopts Bill Regulating Net Zero, Carbon Offset Disclosures

Fenwick & West LLP on

California Adopts Bill Regulating Net Zero, Carbon Offset Disclosures - On October 7, 2023, California adopted new requirements that will impact the voluntary carbon offset market and companies making certain emissions...more

Cadwalader, Wickersham & Taft LLP

U.S. Treasury Unveils Principles to Guide Financial Institutions’ Net-Zero Commitments

On September 19, 2023, the U.S. Treasury Department introduced nine guiding principles for private sector financial institutions that have made net-zero commitments. The principles are intended to highlight and encourage the...more

Cadwalader, Wickersham & Taft LLP

UK Climate Change Committee’s 2023 Progress Report Urges Action to Meet Climate Targets

The UK Climate Change Committee (CCC) recently released its 2023 statutory report, evaluating the UK’s progress towards reducing greenhouse gas emissions and meeting carbon reduction targets. This report, mandated by the...more

Cadwalader, Wickersham & Taft LLP

Statement from the UN Environment Programme on the Net-Zero Insurance Alliance Reports on Target Progress

On July 5, the UN Environment Programme (UNEP) released a statement on the Net-Zero Insurance Alliance’s (NZIA) progress towards net-zero targets. The NZIA is convened by the UN Principles for Sustainable Insurance (PSI) and...more

Cadwalader, Wickersham & Taft LLP

Singapore Moves Toward Finalizing Green Taxonomy with Final Public Consultation Period

Last month, Singapore’s Green Finance Industry Taskforce (GFIT) launched the final consultation period to finalize its Green and Transition Taxonomy (the “Taxonomy”). This is Singapore’s third public consultation on the...more

Stikeman Elliott LLP

Canada’s Innovation Funding and the Pursuit of a Clean Economy

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As part of an effort to move towards global carbon neutrality, Canada published its 2030 Emissions Reduction Plan in March of 2022 which focuses on achieving net-zero carbon emissions by 2050. Working towards a strong economy...more

Bilzin Sumberg

Miami-Dade County Continues to Advance Climate Action Strategy in 2022

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On April 22, 2021, Miami-Dade County released a draft Climate Action Strategy for public comment. In December 2021, Miami-Dade County released the final version of its Climate Action Strategy....more

Jones Day

France Regulates the Use of Carbon Neutrality Claims in Advertisements

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As part of its legislative arsenal to combat climate change, France adopted the Climate and Resilience Law on August 22, 2021 ("Climate Law"), providing for a large number of binding measures against greenhouse gas ("GHG")...more

Stikeman Elliott LLP

Canada Releases its New 2030 Emissions Reduction Plan

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On March 29, 2022, the Minister of Environment and Climate Change, supported by Prime Minister Justin Trudeau, tabled Canada’s new 2030 Emissions Reduction Plan (the “Plan”). The Plan describes the existing and new measures...more

Jones Day

The Climate Report | First Quarter 2022

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The delegated regulation includes a new comprehensive and unified reporting methodology to direct investments toward environmentally sustainable economic activities....more

Goulston & Storrs PC

Boston Requires Carbon Neutrality for Existing Buildings

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Furthering the aims of Boston’s 2019 Climate Action Plan, which identified large buildings as major carbon emitters, Boston City Council amended the Building Energy Reporting and Disclosure Ordinance (BERDO) to require all...more

Jones Day

European Climate Law Sets a Binding Objective of Climate Neutrality by 2050

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The European Union ("EU") recently adopted "Regulation (EU) 2021/1119 of the European Parliament and of the Council of 30 June 2021 establishing the framework for achieving climate neutrality" ("European Climate Law")....more

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