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European Union › Carbon Emissions › Greenhouse Gas Emissions

The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of... more +
The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -
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

White & Case LLP

EU unveils methodology to calculate emissions savings in low-carbon fuels

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The European Commission is ramping up support for low-carbon "blue" hydrogen, increasingly positioning it alongside renewable "green" hydrogen as a key pillar of the EU's future energy mix. On July 8, 2025, the European...more

Latham & Watkins LLP

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

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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?

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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

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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

Jones Day

EU Institutions Agree On CBAM Modifications

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On June 18, 2025, the presidency of the EU Council and representatives of the European Parliament agreed on substantial changes to the EU's carbon border adjustment mechanism (CBAM)....more

Jones Day

Flexibility and Targets: The Latest Developments in EU and UK Vehicle Emissions Policy

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April 2025 saw regulatory developments on vehicle emissions standards in both the European Union ("EU") and the United Kingdom ("UK"). These changes will be of significant interest to vehicle manufacturers, as well as users...more

Bracewell LLP

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

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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

King & Spalding

IMO’s Net-Zero Framework and the Global Carbon Price on Shipping

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A Major Milestone in Decarbonizing the Maritime Sector and a New Source of Demand for Green and Low-Carbon Hydrogen Derivatives and Biofuels - On April 11, 2025, the International Maritime Organization’s (“IMO”) 83rd session...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

Jones Day

EU Parliament Supports Omnibus CBAM Changes

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While much of the focus with the Omnibus Directive has been on its amendments to CSRD and CS3D, it's important not to overlook the significant changes Omnibus proposes to make to the CBAM regime....more

Paul Hastings LLP

CBAM, but Make It Simple: The EU’s CBAM Omnibus Package — in Short

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In the first Omnibus packages, introduced on February 26, 2025, the European Commission (EC) has (among other proposals, which we have covered in detail here) proposed changes to streamline the Carbon Border Adjustment...more

Jones Day

New Carbon Removal Certification Framework in Europe

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On November 27, 2024, the European Union ("EU") adopted Regulation (EU) 2024/3012 establishing a Union certification framework for permanent carbon removals, carbon farming, and carbon storage in products (the "Carbon Removal...more

WilmerHale

The EU's Clean Industrial Deal: What Companies and Investors Need to Know

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On February 26, 2025, the European Commission (the Commission) presented the Clean Industrial Deal (the Deal), an industrial strategy bringing together climate, circularity, and competitiveness. In order to foster growth and...more

A&O Shearman

Carbon fraud is on the rise—but so is the regulatory counteroffensive

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At COP29 in Baku, new rules were adopted for carbon markets under Article 6 of the Paris Agreement. These rules are meant to increase the transparency of the country-to-country trading of carbon credits under Article 6.2....more

A&O Shearman

EU Platform on Sustainable Finance makes recommendations on the development and assessment of corporate transition plans

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The EU Platform on Sustainable Finance has published a report on the development and assessment of corporate transition plans. The PSF identifies core elements for evaluating transition plans and makes recommendations to the...more

Paul Hastings LLP

Dutch Appeal Court Overturns Emissions Reduction Targets on Shell

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On April 5th, 2019, environmental activist group Milieudefensie (Friends of the Earth) Netherlands and co-plaintiffs served Shell a court summons alleging Shell’s contributions to climate change violated its duty of care...more

Cooley LLP

2025 and Beyond – Are You Remaining Compliant With the EU Carbon Border Adjustment Mechanism?

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EU Regulation 2023/956 on the Carbon Border Adjustment Mechanism (CBAM) was introduced to make sure importers of certain goods into the European Union bear similar carbon costs as if they were produced inside the EU and...more

Cooley LLP

Navigating the UK and EU Emissions Trading Schemes in 2025: Key Deadlines and Compliance Steps

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As we approach 2025, both the UK and the European Union are intensifying their efforts to reduce greenhouse gas emissions through their respective emissions trading schemes. Understanding the similarities and differences...more

Jones Day

New CO₂ Emission Standards for Cars and Vans in the EU

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On January 1, 2025, the new emission targets set out by Regulation (EU) 2023/851 of April 19, 2023 and Regulation (EU) 2019/631 of April 17, 2019 for passenger cars and light commercial vehicles will enter into force in the...more

Mayer Brown

Milieudefensie v Shell: Dutch Appeals Court Overturns Ruling That Shell Must Reduce Its CO2 Emissions by 45%

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On 12 November 2024, a Dutch appeals court ruled that Shell does not have to reduce its CO2 emissions by 45% by 2030 compared to 2019 levels, as previously ordered by the Hague District Court on 26 May 2021. Shell now has the...more

Fenwick & West LLP

Accenture Report Reveals World’s Largest Companies Making Meaningful Progress Toward Net Zero, But Progress Is Not Fast Enough

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Last week global professional services firm Accenture published its fourth annual Destination Net Zero report, in which it examined the decarbonization efforts and progress of the 2,000 largest public and private companies by...more

Baker Botts L.L.P.

Questions & Unsatisfactory Answers: The European Commission publishes guidance on the importer requirements of the EU Methane...

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Today, the European Commission published the document “Questions and answers on importer requirements of EU Methane Regulation (EU) 2024/1787” (the “Methane Q&A”). In short, the Methane Q&A is an attempt, but an insufficient...more

Baker Botts L.L.P.

P2N0 - Edition 19 - News and Views on the Drive Towards Net-Zero GHG Emissions

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Welcome to the Edition 19 of P2N0 covering the drive to reduce greenhouse gas (GHG) emissions to net-zero (NZE). P2N0 identifies significant news items globally, reporting on them in short form, focusing on policy settings...more

Latham & Watkins LLP

UK Government Publishes 2035 Industrial Strategy to Drive Green Growth and Innovation

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On 17 October 2024, the UK government published “Invest 2035: the UK’s modern industrial strategy” (the strategy) for public consultation. The strategy sets out a 10-year roadmap based on goals including driving economic...more

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