News & Analysis as of

Carbon Emissions Offsets Climate Change

Blake, Cassels & Graydon LLP

Captage et stockage géologique du dioxyde de carbone direct de l’air : publication de l’avant-projet de protocole fédéral de...

En janvier 2025, Environnement et Changement climatique Canada (« ECCC ») a publié l’avant-projet de protocole fédéral de crédits compensatoires (le « Protocole ») en lien avec le captage et le stockage géologique du dioxyde...more

Blake, Cassels & Graydon LLP

Canada Publishes Draft Offset Protocol for Direct Air Carbon Dioxide Capture and Geological Storage

In January 2025, Environment and Climate Change Canada (ECCC) released a preliminary draft of its Federal Offset Protocol (Protocol) for direct air carbon dioxide capture and geological storage (DACCS) projects. The Protocol...more

Beveridge & Diamond PC

Carbon Markets Roundup - November 2024

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Overview - Beveridge & Diamond’s Carbon Markets Roundup covers domestic and international issues of note in mandatory and voluntary markets, as well as related regulatory programs aimed to reduce greenhouse gas (GHG)...more

Alston & Bird

Exploring Carbon Credit Trends

Alston & Bird on

Critics say voluntary carbon markets (VCMs) are suffering from an “integrity crisis.” Our Environment, Land Use & Natural Resources Group examines the Biden Administration’s attempt to bring increased rigor and reliability to...more

Faegre Drinker Biddle & Reath LLP

CTFC Subcommittee Discusses Climate Regulations

The Commodity Futures Trading Commission’s (CTFC) subcommittee meeting for carbon markets met on March 15, 2024. The subcommittee specifically discussed the CTFC’s recently proposed guidance for trading of voluntary carbon...more

Katten Muchin Rosenman LLP

EU to Ban Carbon Offset Claims Entirely?

Responding to pressure from activists who have argued that “[c]arbon neutral claims are greenwashing, plain and simple,” the European Parliament and Council have reached a provisional agreement to ban all carbon-neutral...more

Katten Muchin Rosenman LLP

Litigation Beginning to Challenge Carbon Offsets

Imagine an entity that is currently heavily dependent on fossil fuels pledging to become "net zero" by calendar year 2050. This is not unique, as numerous countries, municipalities and companies have made exactly this public...more

Kelley Drye & Warren LLP

Lawsuit Questions Use of Carbon Offsets to Substantiate Green Claims

Plaintiffs recently filed a class action lawsuit against Delta, alleging that the airline’s “carbon-neutral” claims, such as: “Carbon Neutral Since March 2020,” and “travel confidently knowing that we will offset the carbon...more

Cadwalader, Wickersham & Taft LLP

Airline Sued Over Claims That it is “First Carbon-Neutral Airline”

On May 30, 2023, a consumer class action lawsuit was filed in the United States District Court for the Northern District of California asserting that the airline falsely claimed that it is the world’s “first carbon-neutral...more

Robinson+Cole Manufacturing Law Blog

Delta Hit With Greenwashing Lawsuit Over Carbon Neutral Claims

Earlier this week, a class action lawsuit was filed against Delta Air Lines alleging that the company is misleading the flying public with its claims of carbon neutrality. The complaint is the latest in the growing trend of...more

Morgan Lewis - Power & Pipes

CFTC Commissioner Proposes Framework for Environmental/Climate-Related Product Oversight

In recent remarks, Commodity Futures Trading Commission (CFTC) Commissioner Christy Goldsmith Romero proposed that the CFTC promote market resilience to climate-related risk by adopting an approach for...more

Katten Muchin Rosenman LLP

What happens if companies miss carbon targets?

The Wall Street Journal published an excellent article today regarding corporate net zero pledges, referring as well to data pubished in the Corporate Climate Responsibility Monitor 2023, which looked at the progress made by...more

Katten Muchin Rosenman LLP

Carbon neutrality claims in jeopardy?

It has long been established that carbon dioxide emissions contribute to global warming. A core tenet of ESG has been a focus on reducing CO2 emissions, or removing CO2 from the atmosphere. Numerous major corporations and...more

Akin Gump Strauss Hauer & Feld LLP

CFTC Turns Spotlight on the Voluntary Carbon Markets

The Commodity Futures Trading Commission (CFTC) is joining other federal agencies in the move toward a whole-of-government approach to the mitigation of climate-related financial risk. The CFTC has taken steps this...more

Latham & Watkins LLP

Canada Launches Its First Federal Greenhouse Gas Offset Credit System

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The system aims to stimulate innovation in GHG-reduction activities as part of the country’s 2030 Emissions Reduction Plan. On June 8, 2022, Canada launched the Greenhouse Gas (GHG) Offset Credit System (the System) to...more

Stikeman Elliott LLP

Canada Launches Greenhouse Gas Offset Credit System

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On June 8, 2022, the Federal Government launched Canada’s Greenhouse Gas Offset Credit System (the “Federal GHG Offset System”), with the publication of the Canadian Greenhouse Gas Offset Credit System Regulations (the...more

Morgan Lewis - Power & Pipes

The Growth and Development of Carbon Offset Markets

With the push to transition to a low-carbon economy, carbon offsets have become an option that many have turned to in order to decarbonize and achieve their climate goals. The demand for carbon offsets is quickly increasing,...more

Akin Gump Strauss Hauer & Feld LLP

Keys To Carbon Neutral Oil And LNG Transactions: Part 1

In the dynamic world of oil and liquefied natural gas trading, one of the hottest new products is the carbon neutral transaction. Such transactions are designed to make oil and LNG more environmentally competitive with...more

Akin Gump Strauss Hauer & Feld LLP

Key Considerations for Carbon-Neutral Oil and LNG Transactions Using Carbon Offsets

In the dynamic world of oil and liquefied natural gas (LNG) trading, one of the hottest new products is the carbon-neutral transaction. Designed to make oil and LNG more competitive environmentally with renewable energy in...more

White & Case LLP

Voluntary Carbon Markets: A Blueprint

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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

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