On 19 May 2025, the UK and the EU announced plans to link the EU Emissions Trading System ("ETS") with the UK ETS. Concurrently, the European Commission is preparing for a review of the EU ETS slated for 2026 by launching a...more
The agreement promises to unlock market and investment opportunities and facilitate greater UK-EU collaboration....more
On March 26, 2025, China’s Ministry of Ecology and Environment (the MEE) published the “Work Plan for the National Carbon Emissions Trading Market Covering the Steel, Cement, and Aluminum Smelting Industries” (the Work Plan)....more
As part of the Fit for 55 Package of the EU Green Deal, the EU Carbon Border Adjustment Mechanism("CBAM"), adopted through Regulation (EU) 2023/956 of May 10, 2023, is considered by the EU institutions as a key tool to become...more
Die Einführung des nationalen Brennstoffemissionshandels führt seit Jahresbeginn für viele Unternehmen zu Zusatzkosten bei der Brennstoffbeschaffung. Unternehmen mit Anlagen, die bereits dem europäischen Emissionshandel...more
The German federal government has adopted the so-called Carbon Leakage Ordinance on 31 March 2021. The ordinance aims at providing financial relief for companies impacted by the German national carbon emissions trading system...more
Nach langem Vorlauf und mehrfachen Verschiebungen hat die Bundesregierung am 31. März 2021 die sog. Carbon Leakage-Verordnung beschlossen. Die Verordnung hat das Ziel, bestimmte vom nationalen Brennstoffemissionshandel...more
Following the recent UK referendum result, attention is now turning to the legal implications for specific policy areas. While the overwhelming majority of the UK’s environmental legislation is derived from EU...more
The Paris Agreement, adopted by 195 countries following the 21st session of the Conference of Parties (COP 21), is the first multilateral agreement on climate change that covers almost all of the world’s emissions. The Paris...more