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European Commission Carbon Emissions Energy Sector

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

A&O Shearman

EC consultation on commodity derivatives market

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The European Commission has published a targeted consultation document on a review of the functioning of commodity derivatives markets (including for these purposes emissions allowances) and certain aspects relating to spot...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

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

White & Case LLP

The European Hydrogen and Decarbonized Gas Market Package

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On 21 May 2024, the Council of the EU adopted the Hydrogen and Decarbonized Gas Market Package. It aims to shift the gas system to low-carbon and renewable gases, and provides for the highly anticipated framework on dedicated...more

K&L Gates LLP

Fit For 55 Package: EU Revises The EU Emissions Trading System And Establishes a New Carbon Border Adjustment Mechanism

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In the last couple of years, the European Union has announced and adopted a wave of sustainability initiatives that will have significant implications for European and global companies across all industries. Among other...more

White & Case LLP

The EU Agreement on a Carbon Border Adjustment Mechanism

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On December 13, 2022, the Council of the European Union ("the Council") and European Parliament came to a provisional agreement on the final text of a Carbon Border Adjustment Mechanism ("CBAM") regulation. The compromise...more

Hogan Lovells

Delegated Acts of the European Commission concerning renewable fuels and assessing GHG emission savings

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Already for a while the European Commission was expected to adopt delegated acts on the basis of the so-called Renewable Energy Directive II (“RED II”) which determine specific criteria in relation to renewable transport...more

K&L Gates LLP

Hydrogen Rising: Plugging Away: Plug Power Advances the Hydrogen Ecosystem in Europe

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Hydrogen Rising co-hosts David Wochner and Sandra Safro spend time with Ms. Corine Dubruel, the Vice President for Public Affairs of Plug Power Europe. Corine discusses the incredible growth of hydrogen across multiple...more

Akin Gump Strauss Hauer & Feld LLP

Europe Announces “Fit for 55”, Its Scheme for Carbon Neutrality by 2050

In connection with implementing the European Green Deal and its efforts to become the first climate-neutral continent, the European Commission announced on Wednesday, July 14 an ambitious package of proposals aimed at further...more

Latham & Watkins LLP

European Commission Launches Consultation on Draft 2022 State Aid Guidelines on Climate, Environmental Protection and Energy

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The Development - ..On 7 June 2021, the European Commission (EC) published a draft Communication on the “Guidelines on State aid for climate, environmental protection and energy 2022” (CEEAG) that will replace the 2014...more

Jones Day

European Commission Announces 2030 Climate Target Plan

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European Commission Announces 2030 Climate Target Plan - As part of the European Green Deal—and flowing from the European Commission's (the "Commission") December 2019 announcement of a 2050 zero carbon target across the...more

K&L Gates LLP

The European Commission Sets Ambitious Reforms with the ‘European Green Deal’

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The European Commission unveiled its much-awaited European Green Deal, which will provide the EU with an industrial policy aiming at a net-zero emissions goal by 2050 and at enshrining climate neutrality into law....more

Mintz - ML Strategies

Energy & Environment Update - July 2015 #3

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Energy and Climate Debate - With just two or three weeks before the August recess – two for the House, three for the Senate – Congress has a full schedule. The Senate will devote much of this week to the Highway bill,...more

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