News & Analysis as of

Environmental Policies International Trade Greenhouse Gas Emissions

White & Case LLP

EU Paves Way for International Carbon Credits in 2040 Climate Target

White & Case LLP on

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

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

Akin Gump Strauss Hauer & Feld LLP

Liquefied Natural Gas Export Authorizations Closer After DOE Releases Final Response to Comments on 2024 LNG Export Study

On May 19, 2025, the Department of Energy (DOE) finalized its 2024 LNG Export Study: Energy, Economic and Environmental Assessment of U.S. LNG Exports (the 2024 Study) through the release of a Response to Comments on the 2024...more

Mayer Brown

Ports & Maritime News | January 6-12, 2025

Mayer Brown on

The Ports & Maritime team has compiled the sector’s main news for the week of January 06–12 to keep you in the loop.  Maritime emissions pricing proposal submitted to IMO by 47 countries and ICS...more

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