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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 -
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

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

White & Case LLP

EU Omnibus Package: 10 things you should know about the proposed changes to key sustainability legislation

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The European Commission published an "Omnibus" package of proposed changes on 26 February, marking the start of a process that could result in significant changes to key EU laws on sustainability reporting, diligence and...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

Wilson Sonsini Goodrich & Rosati

Sustainability and ESG Advisory Practice Update, November 2024

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We are pleased to share the November 2024 issue of Wilson Sonsini's Sustainability and ESG Advisory Practice Update. Each issue combines news, key legal developments, and resources related to sustainability and environmental,...more

White & Case LLP

Navigating the New Era of Greenwashing Regulations in the Fashion Industry

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In recent years, sustainability and ESG compliance have become pivotal factors in consumer purchasing decisions. The luxury fashion industry, as a significant contributor to CO2 emissions, faces increasing scrutiny in this...more

Katten Muchin Rosenman LLP

ESG Guidepost | Issue 19

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Katten ESG Guidepost is a monthly publication highlighting the latest news, legal and regulatory developments involving environmental, social and governance matters....more

Cadwalader, Wickersham & Taft LLP

Cadwalader Climate - June 2024 #3

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In this week’s edition, our focus remains on carbon credits where the first ever set of “Core Carbon Principles”-labelled carbon credits were approved. The three European supervisory authorities publish their final reports on...more

Cadwalader, Wickersham & Taft LLP

Cadwalader Climate - June 2024 #2

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In this week’s edition, we discuss the U.S. government’s proposed guidelines for the ever-controversial voluntary carbon markets. In the EU, ESMA published a report of its findings on greenwashing in the marketing materials...more

KPMG Board Leadership Center (BLC)

Climate in context: Geopolitics, business, and the board

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In this collaboration between the KPMG Board Leadership Center (BLC) and Eurasia Group, our aim is to help widen the boardroom aperture on the global climate challenge—where it stands, and what’s at stake—and to help boards...more

Akin Gump Strauss Hauer & Feld LLP

Previewing COP28: Opportunities, Challenges and Anticipated Outcomes

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The 28th Conference of the Parties (COP28) to the United Nations Framework Convention on Climate Change (UNFCCC) has commenced this week in Dubai, United Arab Emirates (UAE), and will run through December 12, 2023. The UAE is...more

A&O Shearman

Sustainable aviation fuel – on the ascent

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As the aviation industry pins its hopes on sustainable aviation fuel (SAF) to achieve Net Zero carbon emissions by 2050, Joe Clinton, Matthew Townsend, Richard Chamberlain and Ying-Peng Chin outline the regulatory, investment...more

K&L Gates LLP

Brussels Regulatory Brief: October 2023

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Antitrust and Competition - European Commission Prohibits US$1.7 Billion Merger in Online Travel Agency Sector - On 25 September 2023, the European Commission (Commission) prohibited, under Council Regulation (EC) No 139/2004...more

White & Case LLP

(Carbon) Contracts for Difference – New Funding Program for Companies

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Germany has finally published draft guidance on the long-awaited (Carbon) Contracts for Difference (or "CfD"). The first CfDs, previously announced in the European1 and German National2 Hydrogen Strategies of 2020, are...more

White & Case LLP

European Parliament and Council Reach Agreement on Carbon Border Adjustment Mechanism and EU Emissions Trading System

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The European Parliament and Council of the European Union have reached an agreement on the text of the EU Carbon Border Adjustment Mechanism regulation and the directive providing an updated EU Emissions Trading System....more

White & Case LLP

European Parliament and Council adopt positions on ETS and CBAM proposals: next steps—final agreement & formal adoption

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The EU "Fit for 55" package, if adopted, will significantly reshape environmental regulation in Europe, with impact beyond the EU's borders. In this alert, we focus on developments in two of the most impactful files, the...more

Vinson & Elkins LLP

Carbon Taxes in the Shipping Industry—Assessing Japan’s Proposal

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There are growing calls for a carbon tax on shipping emissions. Jim Loftis, Ciara Ros and Tatiana Freeman of Vinson & Elkins look at the recent proposal from Japan for a global carbon tax, assess it in the context of the...more

Vinson & Elkins LLP

Not Just CO2 and Anti-climax: Tackling Methane Emissions is a Further Challenge for the Petroleum Industry in the Wake of COP26

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The Global Methane Pledge (GMP) was one of the few headline commitments announced at COP26. The response to the GMP indicates that tackling methane emissions is now firmly on the agenda for the petroleum industry... ...more

Vinson & Elkins LLP

Carbon Capture - The Missing Piece In The Net Zero Puzzle?

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In December 2020, the Norwegian government approved funding the $1.6 billion Northern Lights project led by Norway’s Equinor, Anglo-Dutch Shell and France’s Total. Northern Lights is the transportation and storage element of...more

Pillsbury Winthrop Shaw Pittman LLP

EU Returns to Science-Based Decision-Making in Landmark Nuclear Report

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EU’s in-house science body determines that nuclear energy is a sustainable technology under the EU’s green finance rules; ruling has positive impact for government and private sector support for nuclear technologies in the EU...more

K&L Gates LLP

Brussels Regulatory Brief: March 2021

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ANTITRUST AND COMPETITION - The European Commission Opens a New Investigation in the Pharma Sector - On 4 March 2021, the European Commission (Commission) has opened a formal investigation into alleged misuses of patent...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - October 2018 #3

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How DC Unleashed Fossil-Fuel Exports Despite Climate Worries - "Since Donald Trump took office in 2017, exports of LNG and crude oil have surged, rivaling the likes of Saudi Arabia and Russia." Why this is important: The...more

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