News & Analysis as of

Carbon Emissions International Trade

White & Case LLP

EU Paves Way for International Carbon Credits in 2040 Climate Target

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On 2 July 2025, the European Commission introduced its 2040 climate target of reducing greenhouse gas (GHG) emissions by 90% compared to 1990 levels. One of the key features of this strategy is the possibility to introduce...more

Latham & Watkins LLP

European Commission Consults on CBAM Extension and Announces Plans to Protect EU Exporters

Latham & Watkins LLP on

On 1 July 2025, the European Commission (Commission) released a call for evidence regarding the potential to extend the scope of the EU Carbon Border Adjustment Mechanism Regulation (CBAM) to cover certain downstream...more

A&O Shearman

EU 2040 climate target and carbon credits—what’s changing?

A&O Shearman on

Today, the European Commission proposed an amendment to the EU Climate Law reviewing the 2040 climate targets that first enshrined climate neutrality by 2050—and with it, a structural shift in how climate action will be...more

Akin Gump Strauss Hauer & Feld LLP

EU Commission Moves on CBAM Downstream Expansion and Exporter Compensation

In separate developments, the European Commission (the “Commission”) opened a public consultation on the extension of the Carbon Border Adjustment Mechanism (CBAM) to downstream products and on additional anti-circumvention...more

Akin Gump Strauss Hauer & Feld LLP

The EU Simplifies CBAM – What Are the Potential Implications?

The European Parliament and Council reached a provisional agreement (i.e., a post-consultation, non-binding political deal in relation to the final text of a legislative proposal) to streamline the European Union’s (EU)...more

Bracewell LLP

The Carbon Border Adjustment Mechanism: How to Navigate a Complex Mechanism

Bracewell LLP on

This note is dedicated to importers and producers of specific goods from countries outside the European Union, who will be subject to carbon pricing equivalent to that applied to European manufacturers of the same goods,...more

Mayer Brown

What Are the Top 10 Things You Need to Know About UK CBAM?

Mayer Brown on

The UK government is currently consulting on draft primary legislation establishing a UK Carbon Border Adjustment Mechanism (“CBAM”), which is set to come into force from 1 January 2027 ....more

Ankura

Energy Transition: Investing in Emission Reduction vs. Purchasing Carbon Certificates: A Cost-Benefit Analysis

Ankura on

The main agreements reached by the international community at COP28 (Dubai, 2023) included decisions to phase out the use of hydrocarbons, committing countries to: a) transition away from fossil fuels to achieve net-zero...more

Mayer Brown

Europe Daily News, 18 March 2025

Mayer Brown on

COMPETITION - Prior notification of a concentration (Case M.11793 - Mytheresa  / YNAP) - Non-opposition to a notified concentration (Case M.11872 - Triton / Keenfinity)...more

Foley & Lardner LLP

Foley Automotive Update - February 2025

Foley & Lardner LLP on

Foley & Lardner LLP partner Vanessa Miller commented on the risk of increased costs in the automotive supply chain that could result from new import tariffs in The Wall Street Journal article, “Tariff Threat Prompts...more

Amundsen Davis LLC

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

Amundsen Davis LLC on

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

Bracewell LLP

PRG 2024 Post-Election Pulse Check: Carbon Markets and CCUS

Bracewell LLP on

Anna Karakitsos, a senior government affairs advisor in Bracewell’s Policy Resolution Group, discusses the future of carbon credits and carbon capture utilization and sequestration under a new Trump administration....more

Braumiller Law Group, PLLC

Braumiller Law Group October 2024 Newsletter

Part one of this series focused on former US Trade Representative (USTR) Robert Lighthizer’s approach to trade and how it would flavor the United States-Mexico-Canada Agreement (USMCA) joint review process in 2026 if Donald...more

A&O Shearman

EU carbon border adjustment mechanism – the transitional phase has begun: Are you ready?

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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

Bennett Jones LLP

EU Green Tariffs Are Coming—Are You Ready? Preparing for the European Union’s Carbon Border Adjustment

Bennett Jones LLP on

The European Union will soon require EU importers of certain carbon-intensive products—specifically, iron and steel, aluminum, fertilizer, cement, electricity, and hydrogen—to declare greenhouse gas emissions (GHGs) embedded...more

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