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Carbon Emissions Energy Policy United Kingdom

Jones Day

UK's Climate Change Committee Publishes Seventh Carbon Budget

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The UK's Climate Change Act 2008 requires the UK government to set five-year carbon budgets that cap total greenhouse gas ("GHG") emissions. The UK is currently operating within its Fourth Carbon Budget, which covers the...more

Latham & Watkins LLP

Unpacking the UK-EU Deal: What Lies Ahead for Energy and Carbon Markets?

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The agreement promises to unlock market and investment opportunities and facilitate greater UK-EU collaboration....more

Hogan Lovells

Energy Buzz: UK ETS Evolution

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Extended Phase II – The UK ETS Authority consults on a variety of extension proposals Inter-Phase Banking – Surplus allowances from Phase I could be carried into Phase II of the extended scheme The UK Emissions Trading...more

BCLP

Low Carbon Hydrogen in the UK - a Universal Solution?

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The scaling up of low carbon hydrogen technologies will be crucial for achieving the UK’s Net Zero target by 2050 and a sustainable energy future. Historically, hydrogen has been produced from fossil fuels and utilised across...more

BCLP

Energy Performance of Buildings Regime - MHCLG and DESNZ Set Out Ambitious Targets in a New Consultation Building on the Previous...

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The UK government has launched a consultation to reform the Energy Performance of Buildings (EPB) regime, a crucial step towards achieving the nation’s ambitious net-zero targets by 2050. This extensive consultation, which...more

A&O Shearman

Delivering Net Zero by 2050: the $200 trillion opportunity

A&O Shearman on

Until now, however, no comprehensive estimate existed of the of that opportunity, (or, to put it another way, the size of the financing gap between committed spending and the investment needed to deliver Net Zero by 2050...more

Cadwalader, Wickersham & Taft LLP

UK Climate Change Committee’s 2023 Progress Report Urges Action to Meet Climate Targets

The UK Climate Change Committee (CCC) recently released its 2023 statutory report, evaluating the UK’s progress towards reducing greenhouse gas emissions and meeting carbon reduction targets. This report, mandated by the...more

Cadwalader, Wickersham & Taft LLP

Nuclear Power Classified as Environmentally Sustainable in UK's Green Taxonomy

On March 15, 2023, the UK’s Chancellor of the Exchequer, Jeremy Hunt, announced that nuclear power will be classified as “environmentally sustainable” in UK’s green taxonomy, “giving it access to the same investment...more

Cadwalader, Wickersham & Taft LLP

The UK Government Consults on Lower Emissions for Power Plants

On January 9, the UK’s Department of Business, Energy & Industry Strategy (BEIS) launched a consultation aimed at better aligning the UK’s electricity generation market with the UK government’s net zero targets, including a...more

Latham & Watkins LLP

UK Government Launches Hydrogen Strategy and Business Model Consultation

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Strategy positions UK as a world leader in the hydrogen space, supporting 9,000 plus jobs and unlocking £4 billion in investment by 2030. On 17 August 2021, the Department for Business, Energy and Industrial Strategy...more

Jones Day

UK Government Adopts Ambitious Sixth Carbon Budget

Jones Day on

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

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - March 2018 #5

California's Ready to Retaliate if Trump Cuts Auto Rules, Sources Say - "As the Trump administration begins to dismantle Barack Obama's ambitious auto efficiency regulations, California is said to be poised to retaliate...more

Latham & Watkins LLP

Treasury Consults on Reforming the Business Energy Efficiency Tax Landscape

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HM Treasury recently launched a consultation to seek views on its proposals to reform the business energy efficiency tax landscape, following the announcement by the Chancellor in the Summer Budget that energy policies and...more

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