Ahead of the commencement of the UK Carbon Border Adjustment Mechanism (CBAM), key building blocks for its regulatory framework are moving into place. Following consultations in 2023 and 2024, draft legislation and a policy...more
5/8/2025
/ Carbon Emissions ,
Compliance ,
Environmental Policies ,
Greenhouse Gas Emissions ,
HM Treasury ,
Imports ,
New Legislation ,
Popular ,
Regulatory Requirements ,
Tax Liability ,
UK
At COP29 in Baku, new rules were adopted for carbon markets under Article 6 of the Paris Agreement. These rules are meant to increase the transparency of the country-to-country trading of carbon credits under Article 6.2....more
2/28/2025
/ Carbon Emissions ,
CFTC ,
Climate Change ,
Compliance ,
Enforcement Actions ,
Environmental Policies ,
EU ,
Germany ,
Greenhouse Gas Emissions ,
Popular ,
Sustainability
In 2027, the UK will introduce a carbon border adjustment mechanism (CBAM) on imports of certain carbon intensive goods. The CBAM will impose a charge on the emissions embodied in relevant imports that take place on or after...more
4/5/2024
/ Carbon Emissions ,
Environmental Policies ,
EU ,
HMRC ,
Imports ,
Regulatory Agenda ,
Regulatory Requirements ,
Reporting Requirements ,
Taxation ,
UK ,
Value-Added Tax (VAT)
As the aviation industry pins its hopes on sustainable aviation fuel (SAF) to achieve Net Zero carbon emissions by 2050, Joe Clinton, Matthew Townsend, Richard Chamberlain and Ying-Peng Chin outline the regulatory, investment...more
11/29/2023
/ Aircraft ,
Airlines ,
Aviation Industry ,
Biofuel ,
Carbon Emissions ,
Climate Change ,
EU ,
Middle East ,
Net Zero ,
Popular ,
Renewable Fuel ,
Sustainability ,
Transportation Industry ,
UK
The EU Regulation establishing a carbon border adjustment mechanism (CBAM) is designed to drive businesses to achieve a true global reduction in greenhouse gas (GHG) emissions instead of relocating carbon-intensive production...more
10/3/2023
/ Carbon Emissions ,
Climate Change ,
Cross-Border Transactions ,
Environmental Social & Governance (ESG) ,
EU ,
Greenhouse Gas Emissions ,
Importers ,
International Trade ,
New Regulations ,
Regulatory Reform ,
Regulatory Requirements ,
Taxation
On 17 May 2023, the EU Regulation establishing a carbon border adjustment mechanism (the CBAM Regulation) came into force. The CBAM Regulation will become applicable in phases, with provisions applying from 1 October 2023, 31...more