Citing potential economic damage and unfair burdens, President Trump signed an Executive Order that starts the process of withdrawing the United States from the Paris Agreement.
The Paris Agreement is an international...more
1/22/2025
/ Carbon Emissions ,
Clean Energy ,
Climate Change ,
Environmental Policies ,
Executive Orders ,
Greenhouse Gas Emissions ,
Paris Agreement ,
Trump Administration ,
UNFCCC ,
United Nations ,
Withdrawal
The 29th Conference of the Parties to the United Nations Framework Convention on Climate Change ('UNFCCC') ('COP29') adopted decisions on Article 6 of the Paris Agreement. After nearly a decade of negotiations, the outcome of...more
Purchasing carbon credits was once seen as a way for companies to sidestep genuine emissions reduction in their decarbonisation efforts. But that is changing as these products, and the way they are used, face growing...more
The 29th Conference of the Parties to the United Nations Framework Convention on Climate Change ('COP29') may offer opportunities for key stakeholders to foster international cooperation on using market-based cooperative...more
The Bonn Climate Change Conference saw limited progress resolving open issues related to Article 6 of the Paris Agreement, which aims to incentivize international cooperation in mitigating climate change through carbon credit...more
EPA requires existing coal-fired power plants that plan to operate beyond 2039 and large new gas-fired power plants to achieve 90% reductions in GHG emissions by 2032....more
The new emission limits apply to new passenger cars, light trucks and large pickups and vans, and set increasingly stringent fleet-wide emission limits covering carbon dioxide and other pollutants for Model Years 2027-2032....more
The California State Senate and State Assembly recently approved two bills, Senate Bill 253 and Senate Bill 261, that could require thousands of companies doing business in California to disclose greenhouse gas ("GHG")...more
9/27/2023
/ California ,
Climate Action Plan ,
Disclosure Requirements ,
Energy Sector ,
General Assembly ,
Governor Newsom ,
Greenhouse Gas Emissions ,
Legislative Agendas ,
New Legislation ,
Popular ,
Proposed Legislation ,
Reporting Requirements ,
State and Local Government ,
State Legislatures
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
The proposed new greenhouse gas (GHG) emissions control requirements would apply to existing and new power plants, with an emphasis on more efficient generating practices, including carbon capture and sequestration (CCS) and...more
Article 6.2 of the Paris Agreement that was approved by the 21st session of the Conference of the Parties to the United Nations Framework Convention on Climate Change ("UNFCCC") provides a framework for countries to transfer...more
Buyers are scrutinizing everything from an acquisition target’s projected greenhouse gas (GHG) emissions to ways in which a deal may impact their own climate mitigation strategies. In this regard, reliable and verifiable...more
The voluntary carbon credit market is a market-based approach to controlling greenhouse gas (GHG) emissions. Individuals, companies or governments can purchase credits, often referred to as "carbon credits", to mitigate or...more
Greenhouse gas emissions reduction or removal credit transactions allow governments, companies or individuals to purchase credits that are often referred to as "carbon credits" in an effort to mitigate climate change by...more
On March 21, 2022, in a landmark proposal, the Securities and Exchange Commission ("SEC") proposed rules that would require public companies to disclose extensive climate-related information in their SEC filings....more
3/25/2022
/ Climate Change ,
Corporate Governance ,
Corporate Social Responsibility ,
Disclosure Requirements ,
Greenhouse Gas Emissions ,
Proposed Regulation ,
Publicly-Traded Companies ,
Regulation S-K ,
Regulation S-X ,
Regulatory Agenda ,
Risk Management ,
Securities and Exchange Commission (SEC) ,
Securities Regulation
The Paris Agreement approved by the 21st Conference of the Parties to the United Nations Framework Convention on Climate Change ("UNFCCC") aims to (i) hold the increase in the global average temperature to well below 2 °C...more
The 'Taskforce on Scaling Voluntary Carbon Markets' (the "Taskforce") is a private sector initiative working to scale an effective and efficient voluntary carbon credit market to help meet the goals of the Paris...more
7/30/2021
/ Carbon Emissions ,
Climate Action Plan ,
Climate Change ,
Corporate Social Responsibility ,
Emissions Trading System ,
Greenhouse Gas Emissions ,
Market Based Approach ,
Paris Agreement ,
Popular ,
Public Consultations ,
Sustainability
Over April 22nd and 23rd, the Biden administration hosted 40 world leaders in a climate summit coinciding with Earth Day. The leaders announced a variety of pledges and ambitions relating to curbing greenhouse gas emissions...more
4/28/2021
/ Air Pollution ,
Biden Administration ,
Clean Air Act ,
Climate Change ,
Earth Day ,
Environmental Policies ,
Environmental Protection Agency (EPA) ,
Greenhouse Gas Emissions ,
Oil & Gas ,
Paris Agreement ,
Regulatory Agenda
The 'Taskforce on Scaling Voluntary Carbon Markets' (the "Taskforce") is a private sector initiative working to scale an effective and efficient voluntary carbon credit market to help meet the goals of the Paris...more
The Poseidon Principles Association, a group of major marine shipping banks, released its first Annual Disclosure Report in December 2020. This report discloses the "climate alignment score" of fifteen banks' ship finance...more
Three states and the District of Columbia reached agreement on December 21 to combat climate change by reducing carbon dioxide emissions from the transportation sector via a cap-and-invest system.
Massachusetts, Rhode...more
The 'Taskforce on Scaling Voluntary Carbon Markets' (the "Taskforce") published a blueprint for a voluntary greenhouse gas or carbon market in its 10 November 2020 Consultation Document. The Taskforce's Consultation Document...more
11/13/2020
/ Anti-Money Laundering ,
Carbon Emissions ,
Climate Action Plan ,
Climate Change ,
Corporate Social Responsibility ,
Emissions Trading System ,
Greenhouse Gas Emissions ,
Know Your Customers ,
Market Based Approach ,
Offsets ,
Paris Agreement ,
Sustainability
The Trump administration proposed rules intended to speed up approval of major projects subject to the National Environmental Policy Act (NEPA), such as pipelines, power facilities, mines, highways, and other public...more
1/18/2020
/ Administrative Procedure Act ,
Climate Change ,
Coal Mines ,
Environmental Assessments ,
Environmental Impact Report (EIR) ,
Federal Land ,
Greenhouse Gas Emissions ,
Highways ,
Land-Use Permits ,
NEPA ,
Notice of Proposed Rulemaking (NOPR) ,
Notice Requirements ,
Pipelines ,
Power Infrastructure ,
Proposed Rules ,
Public Comment ,
Rescission ,
Rollbacks ,
Trump Administration
In a move that will have a significant impact on Pennsylvania's power producers, Governor Tom Wolf signed an executive order on October 3rd directing the state's Department of Environmental Protection (PADEP) to create...more
10/10/2019
/ Cap-and-Trade ,
Carbon Emissions ,
Clean Energy ,
Climate Change ,
Coal ,
Coal Industry ,
Department of Environmental Protection ,
Executive Orders ,
Fossil Fuel ,
Governor Wolf ,
Greenhouse Gas Emissions ,
Natural Gas ,
Power Plants ,
RGGI ,
State and Local Government ,
Tom Wolf
The US District Court for the District of Columbia has blocked the US Bureau of Land Management (BLM) from issuing new oil and gas drilling permits on approximately 300,000 acres of federal land in Wyoming until it adequately...more
4/2/2019
/ Bureau of Land Management ,
Climate Change ,
Energy Sector ,
Environmental Assessments ,
Environmental Impact Report (EIR) ,
Environmental Violations ,
Federal Land ,
Greenhouse Gas Emissions ,
Land Developers ,
Land-Use Permits ,
Mineral Leases ,
NEPA ,
Oil & Gas ,
Preliminary Injunctions ,
Trial Court Orders ,
Trump Administration ,
Well Drilling