On October 7, 2024, the Hawaii Supreme Court issued a ruling in a case dealing with whether an insurance company owes a defense in cases where the defendant, a fossil fuel company, is being sued by county governments for...more
The Commodity Futures Trading Commission (CFTC) has taken a significant step in its oversight of the voluntary carbon markets with a recent enforcement action against defendants who misappropriated funds through a carbon...more
Voluntary carbon credit markets (VCMs) stand to play a growing role in global decarbonization efforts. Through its support of the generation, and subsequent purchase and sale, of carbon credits (or carbon offsets), VCMs can...more
In early October 2023, California Gov. Gavin Newsom signed three related climate disclosure bills into law. Together, the three laws require various entities, as defined under each law, to disclose...more
The Commodity Futures Trading Commission’s (CTFC) subcommittee meeting for carbon markets met on March 15, 2024. The subcommittee specifically discussed the CTFC’s recently proposed guidance for trading of voluntary carbon...more