News & Analysis as of

Carbon Emissions Compliance Climate Change

ArentFox Schiff

How the ICJ Climate Change Advisory Opinion Raises Global Legal and Compliance Risks for Multinational Corporations

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The climate debate has whipsawed in recent years. Businesses frequently have been caught in the middle, with stakeholders including government regulators, activist investors, consumers, non-governmental organizations, and...more

Paul Hastings LLP

EU Omnibus: Adjustments to the Carbon Border Adjustment Mechanism — What Do They Mean for Businesses?

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European Central Bank President Mario Draghi’s report The Future of European Competitiveness highlights the need for a regulatory environment that enhances Europe’s competitiveness and resilience. Similarly, the Budapest...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Transportation/Hazardous Materials: Pipeline and Hazardous Materials Safety Administration Interpretive Letter Addressing Carbon...

The United States Pipeline and Hazardous Materials Safety Administration (“PHMSA”) addressed in a January 3rd Interpretive Letter the applicability of the federal Hazardous Materials Regulations (“HMR”) to a device designed...more

Harris Beach Murtha PLLC

NYC Large Building Owners May Owe Compliance Reports by May 1, 2025

New York Local Law 97 (“LL97”) is a landmark piece of climate legislation enacted as part of New York City’s broader Climate Mobilization Act. Passed in 2019, LL97 aims to drastically reduce greenhouse gas emissions from...more

Mayer Brown

California’s Climate Disclosure Laws: Navigating the Latest Updates

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In late 2023, California enacted “first-of-its-kind” climate-related disclosure laws comprising the following: Climate Corporate Data Accountability Act (California Senate Bill 253 (SB253)) – relating to greenhouse gas...more

A&O Shearman

Carbon fraud is on the rise—but so is the regulatory counteroffensive

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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

Jenner & Block

FAR Council Withdraws Proposed GHG Disclosure Rule as CARB Seeks Input on Implementation of Climate Disclosure Laws

Jenner & Block on

On January 13, the Federal Acquisition Regulatory (FAR) Council withdrew the greenhouse gas (GHG) disclosure rule that it proposed in late 2022. As explained previously, the proposed rule would have required certain federal...more

Amundsen Davis LLC

How to Comply With the EU’s Carbon Border Adjustment Mechanism

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Over the past few months, I have noticed an increase in questions from my U.S. clients that export to countries in the European Union (EU) seeking clarity on their products’ exposure to the new carbon adjustment taxation law...more

Farella Braun + Martel LLP

Cal. AB 1305: Jan. 1, 2025, is a key date for mandatory disclosures by certain entities related to VCOs and certain claims about...

Compliance with AB 1305, the Voluntary Carbon Market Disclosures Act (Health & Safety Code sections 44475 – 44475.3), is mandatory for certain entities, but there is still no official date for initial disclosures under AB...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Enforcement and Compliance Assurance Annual Results for Fiscal Year 2024: U.S. Environmental Protection Agency Issue Report

The United States Environmental Protection Agency (“EPA”) issued on December 5th a press release publishing a report titled: Enforcement and Compliance Annual Results for Fiscal Year 2024 (“Report”)....more

Benesch

Colorado LER Requirement

Benesch on

Breathe In That Rocky Mountain Air:  Motor Carriers, Brokers, Freight Forwarders, and Private Fleets Operating in Colorado Face November 30, 2024 Deadline to Comply with State’s New Emissions Reporting Requirements and Avoid...more

Pillsbury Winthrop Shaw Pittman LLP

California Climate Disclosures Remain on Schedule

Governor Newsom signs amended law, abandoning prior bid to provide additional time for implementation. Despite efforts by California Governor Gavin Newsom to provide more time for businesses to comply with the new...more

DLA Piper

Horizon - ESG Regulatory News and Trends - September 2024

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Welcome to Horizon, DLA Piper’s regular bulletin reporting on late-breaking legislative and policy developments in ESG. Our aim is to scan the litigation, enforcement, and regulatory horizon to help inform business decisions....more

Spilman Thomas & Battle, PLLC

Impact of EPA's New Limits on Greenhouse Gas Emissions

On April 25, 2024, the Environmental Protection Agency (EPA) released a set of rules aimed at cutting air, water, and land pollution from fossil fuel-fired plants. The rules would require existing coal-fired and new gas-fired...more

Wilson Sonsini Goodrich & Rosati

Reminder: Compliance with AB 1305 Is Required by January 1, 2024

As the new year approaches, many companies will need to make sure that their websites include disclosure by January 1, 2024, that complies with California Assembly Bill No. 1305 (AB 1305). AB 1305 is the only law among the...more

J.S. Held

Crosscurrents: California’s Senate Bill 253 Mandates Carbon Reporting for Large Companies

J.S. Held on

Meta Description: California’s Senate Bill 253 introduces mandatory climate disclosure requirements for large companies. Learn about emissions reporting and how Bill 253 leads the way into environmental accountability....more

White and Williams LLP

A Changing Climate: the Rising Tide of ESG Liability and Implications for D&O Coverage

The latest legal buzzword, ESG, represents the environmental, social and governance factors that many corporations are now required to consider and disclose alongside traditional financial information such as operating...more

ArentFox Schiff

Five Initial Takeaways from the SEC’s Proposed Rules Requiring Companies to Disclose Climate Risks and GHG Emissions Data

ArentFox Schiff on

On March 21, the U.S. Securities Exchange Commission (SEC) proposed far-reaching climate-related disclosure rules for public companies that do business in the United States. In a 3-1 vote, the SEC proposed rules that would...more

Pillsbury Winthrop Shaw Pittman LLP

Carbon Emissions and the Recent Climate Mobilization Act of New York City

The new Presidential administration has set off a renewed emphasis on sustainability and climate change. While owners and other stakeholders involved in New York City real estate have been grappling with many of these issues...more

Baker Donelson

President Obama Implements Sweeping New Rules to Control Climate Change

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On August 3, 2015, President Obama and the Environmental Protection Agency (EPA) utilized executive action to call for a major societal shift on climate change policy. The new rules, dubbed the Clean Power Plan, are intended...more

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