News & Analysis as of August 28, 2025

Greenhouse Gas Emissions

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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 WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -

The Climate Report | Second Quarter 2025

Jones Day on 6/19/2025

Trump Paves Way for Coal Renaissance and Targets State Climate Change Efforts - In early April, President Trump issued several presidential actions to revive the coal industry, including rolling back environmental...more

Upcoming Revisions to EU Carbon Pricing and UK Linkage

White & Case LLP on 5/22/2025

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

Unpacking the UK-EU Deal: What Lies Ahead for Energy and Carbon Markets?

Latham & Watkins LLP on 5/22/2025

The agreement promises to unlock market and investment opportunities and facilitate greater UK-EU collaboration....more

Sustainable Aviation Fuel: An Overview of the Current Regulatory Landscape in the UK, EU And USA

Bracewell LLP on 5/22/2025

We have set out below an overview of the current regulatory frameworks governing Sustainable Aviation Fuel (SAF) in the key jurisdictions of the UK, EU and USA. SAF has emerged as a critical component in the global drive...more

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

Latham & Watkins LLP on 10/25/2024

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

Transitioning Into the European Carbon Border Adjustment Mechanism

Jones Day on 12/4/2023

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

Sustainable Business Group Urges EU to Cut GHG Emissions 90% by 2040

Cadwalader, Wickersham & Taft LLP on 10/31/2023

On September 5, 2023, the Corporate Leaders Group Europe (CLG Europe) published a position paper urging the European Union to cut its greenhouse gas (GHG) emissions by at least 90% by 2040, and asked EU member states to...more

Delivering Net Zero by 2050: the $200 trillion opportunity

A&O Shearman on 9/25/2023

Until now, however, no comprehensive estimate existed of the of that opportunity, (or, to put it another way, the size of the financing gap between committed spending and the investment needed to deliver Net Zero by 2050...more

EU Approves State Aid to Bolster Czech Sustainability Scheme

Cadwalader, Wickersham & Taft LLP on 5/25/2023

On April 21, 2023 the European Commission approved a €401 million scheme proposed by the Czech Republic to promote green district heating from renewable energy and waste heat. The scheme represents another environmentally...more

Croatia, Hungary and Portugal Referred to the Court of Justice of the European Union by the European Commission

Cadwalader, Wickersham & Taft LLP on 3/6/2023

On February 15, 2023, the European Commission referred Croatia, Hungary, and Portugal to the Court of Justice of the European Union for failing to transpose the EU’s Renewable Energy Directive (Directive) into national...more

This Week’s Climate Policy Update - January #4

Akin Gump Strauss Hauer & Feld LLP on 1/24/2023

To further the Biden-Harris administration’s goal of deploying 30 gigawatts of offshore wind in the U.S. by 2030, the National Offshore Wind Research and Development Consortium issued its supply chain roadmap. Meanwhile, the...more

Vermeidung von Doppelbelastungen durch den europäischen und nationalen Emissionshandel

Hogan Lovells on 5/21/2021

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

National Emissions Trading System in Germany: Government approves new Carbon Leakage rules

Hogan Lovells on 4/9/2021

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

Currents - Energy Industry Insights - May 2018 #5

Spilman Thomas & Battle, PLLC on 6/2/2018

In an Internal Memo, the White House Considered Whether to Simply 'Ignore' Federal Climate Research - "The document, drafted September 18 by Michael Catanzaro, President Trump's special assistant for domestic energy and...more

Currents - Energy Industry Insights - December 2017

Spilman Thomas & Battle, PLLC on 12/8/2017

WV DEP Waives Clean Water Act Authority Over Atlantic Coast Pipeline - "The West Virginia Department of Environmental Protection waived the state's authority under the federal Clean Water Act to determine if another major...more

EU to Fast-Track 2030 Climate and Energy Policy Post-COP 21

Latham & Watkins LLP on 4/18/2016

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

Energy & Environment Update - October 2015 #3

Mintz - ML Strategies on 10/22/2015

Energy and Climate Debate: Congress returns from the Columbus Day holiday this week to full schedules in both chambers, including several energy and environment hearings of interest. In the meantime, the Obama...more

Energy Newsletter - October 2013

King & Spalding on 10/3/2013

In This Issue: - Mexican Congress to Consider Constitutional Oil and Gas Reforms: Bold Stride Forward or Half-Step? - European Union adds legislative weight to the promotion of transparency in the extractive...more

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