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UK Introduces New Climate-Related Disclosure Regulations for UK Companies and LLPs

The Companies (Strategic Report) (Climate-related Financial Disclosure) Regulations 2022 ("the Regulations") came into force on April 6, 2022. The Regulations amend the Companies Act 2006 and largely implement the...more

UK Government Publishes Its "British Energy Security Strategy"

The British Energy Security Strategy ("the Strategy"), published on April 7, 2022, aims to ensure that the United Kingdom has "a flow of energy that is affordable, clean and above all secure." Published against the background...more

The Climate Report | First Quarter 2022

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

UK Government Publishes Third Climate Change Risk Assessment January 17, 2022

Three months after hosting the COP26 climate summit in Glasgow, and as required by the Climate Change Act 2008, the UK government published its third five-year risk assessment of climate change on the United Kingdom. This...more

UK Government Faces Judicial Review Challenge Over Net Zero Strategy

Three months after hosting the COP26 climate summit in Glasgow, and as required by the Climate Change Act 2008, the UK government published its third five-year risk assessment of climate change on the United Kingdom....more

The Climate Report | Fourth Quarter 2021

Climate Change Regulatory Issues & Updates - New NEPA Proposed Rule from CEQ Leaves Uncertain How U.S. Federal Agencies Must Assess Climate Change Impacts - On October 7, 2021, the Council on Environmental Quality...more

The Climate Report | Third Quarter 2021

Climate Change Regulatory Issues & Updates - European Climate Law Sets a Binding Objective of Climate Neutrality by 2050 - The recently adopted European Climate Law calls for the necessity to address "the growing...more

UK Government Adopts Ambitious Sixth Carbon Budget

The Climate Change Act 2008 requires the UK government to achieve net-zero greenhouse gas ("GHG") emissions by 2050. Progress toward this commitment is to be driven via a series of five-year carbon budgets. The sixth budget,...more

Climate Change Provisions of the EU-UK Trade and Cooperation Agreement

The Trade and Cooperation Agreement ("TCA"), which was finalized on December 24, 2020, resets the European Union/United Kingdom relationship following the UK's departure from the EU. In place of the UK's participation in the...more

UK Supreme Court Rules in Favor of Heathrow Airport Ltd, Despite UK’s 2015 Paris Agreement Commitments

As reported in Jones Day’s Second Quarter 2020 edition of The Climate Report, the English Court of Appeal declared in February 2020 that the United Kingdom Government’s Airports National Policy Statement ("ANPS") for a new...more

The Climate Report - First Quarter 2021

Climate Change Regulatory Issues & Updates - Biden Administration Takes Early Action on Climate Change - In its first week in office, the Biden Administration took initial steps to meet its ambitious goals to address...more

European Commission Announces 2030 Climate Target Plan

European Commission Announces 2030 Climate Target Plan - As part of the European Green Deal—and flowing from the European Commission's (the "Commission") December 2019 announcement of a 2050 zero carbon target across the...more

The Climate Report - Fourth Quarter 2020

Climate Change Regulatory Issues & Updates - European Commission Announces 2030 Climate Target Plan - The plan aims to put the European Union on a balanced pathway to reaching climate neutrality by 2050....more

The Climate Report | Summer 2019

Climate Change Regulatory Issues & Updates - EPA Issues Affordable Clean Energy Rule - The U.S. Environmental Protection Agency ("EPA") issued the Affordable Clean Energy rule on July 8 to repeal the Clean Power Plan...more

The Climate Report Winter 2019

Climate Change Regulatory Issues & Updates - California Air Resources Board Amends Cap-and-Trade Regulations - On December 13, 2018, the California Air Resources Board ("CARB") adopted amendments to California's...more

Climate Report l Summer 2018

Climate Change Regulatory Issues & Updates - UK Government Adopts Zero Emission Road Transport Strategy - On July 9, 2018, the UK Government published "The Road to Zero," a strategy to implement measures to transition...more

The Climate Report - Spring 2018

Climate Change Regulatory Issues & Updates - EPA Releases 2018 Edition of the Greenhouse Gas Emissions Inventory - A new version of EPA's Greenhouse Gas Emissions Inventory shows a decline in U.S. total net greenhouse...more

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