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Proposed Legislation Climate Change

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

A&O Shearman

UK Government consults on measures to support UK sustainable finance

A&O Shearman on

The UK Government's Department for Energy Security & Net Zero has published a series of three consultations on proposals to help UK-regulated financial institutions and large companies to develop climate transition plans. The...more

Hogan Lovells

UK consultation: Exposure draft of UK Sustainability Reporting Standards: UK SRS S1 and UK SRS S2

Hogan Lovells on

On 25 June 2025, the UK Department for Business and Trade published a consultation on the exposure draft of the UK Sustainability Reporting Standards: UK SRS S1 and UK SRS S2. The consultation seeks views on draft UK...more

Davies Ward Phillips & Vineberg LLP

Bill C-5: Canada’s Approach to Accelerating Major Projects

On June 6, 2025 the federal government tabled Bill C-5, the One Canadian Economy Act, carrying out Prime Minister Carney’s election commitment to provide “one-window” regulatory decisions through a newly established Federal...more

Mintz

EU Commission Abandons Anti-Greenwashing Law

Mintz on

On June 20, 2025, the EU Commission announced that, following pressure from conservative lawmakers, it would withdraw new legislation targeting greenwashing. Specifically, the Green Claims Directive--which would compel...more

Beveridge & Diamond PC

Congress Eyes Sweeping Changes to Carbon and Biomass Incentives: 45Q Tax Credit Reforms, New Biochar Program, and Forest Residues...

Beveridge & Diamond PC on

Senate Draft of BBB Would Standardize and Reduce Value of 45Q Credit, Diminishing Incentives for Long-Term Carbon Storage - The Senate’s draft of the “One Big Beautiful Bill” (BBB) proposes several material changes to...more

Jones Day

Congressional Review Act: How Congress Can Rescind the Former Administration's Guidance on the Environment, Climate, and Energy

Jones Day on

On January 30, 2025, Senator John Kennedy of Louisiana proposed a joint resolution of disapproval aimed at rescinding the recent Commodity Futures Trading Commission ("CFTC") Guidance on Carbon Credits ("the Guidance"). The...more

Fenwick & West LLP

New York Passes on Mandatory Sustainability Reporting

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New York has failed to adopt climate reporting requirements in the 2025 legislative session, according to Forbes. ...more

Frost Brown Todd

D.C. Political News Round-Up | May 2025

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In this month’s deep dive, Frost Brown Todd D.C. Partner-in-Charge Jonathan Miller interviews attorney and tariff expert Jan de Beer to discuss how businesses can navigate the United States’ ever-evolving tariff policies....more

Morrison & Foerster LLP

MoFo’s State + Local Government Enforcement Newsletter - June 3, 2025

Morrison Foerster’s State and Local Government Enforcement team is pleased to provide our bimonthly newsletter summarizing some of the most important and interesting developments from state attorneys general (“State AGs”)...more

Beveridge & Diamond PC

New NEPA Limits on the Horizon

New NEPA Limits on the Horizon - It has been a year of major change for the National Environmental Policy Act (NEPA), marked by various court decisions, executive orders, and the Council on Environmental Quality’s (CEQ)...more

McDermott Will & Emery

Wichtige Aspekte des Koalitionsvertrags 2025 aus Immobilien- und Steuersicht

McDermott Will & Emery on

Wohnen, Bauen, Klima: Die Wohn- und Klimapolitik im Koalitionsvertrag 2025 - Mit dem Koalitionsvertrag 2025 hat sich die Bundesregierung ehrgeizige Ziele für den Wohnungsbau, das Mietrecht, die kommunale Wohnungspolitik und...more

Beveridge & Diamond PC

China Unveils for Public Comment Its Draft Ecological and Environmental Code for Integrating the Country’s Existing Environmental...

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On April 30, 2025, the Standing Committee of the National People’s Congress (NPC) issued the first draft of the Ecological and Environmental Code (the Draft Code) for public comment. This legislation is designed to integrate...more

K&L Gates LLP

Carbon Quarterly – Volume 11

K&L Gates LLP on

Carbon Quarterly is a newsletter covering developments in carbon policy, law, and innovation. No matter your views on climate change policy, there is no avoiding an increasing focus on carbon regulation, resiliency planning,...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Climate Change Financial Risk Act of 2025: U.S. Senate Legislation Introduced Directing the Federal Reserve to Address Financial...

United States Senator Brian Schatz (Hawaii) has introduced legislation titled: Climate Change Financial Risk Act of 2025 (“Act”). The Act directs the United States Federal Reserve to conduct stress tests on large...more

Baker Donelson

State-Level Legislation, Nationwide Impact: Key Insights Into the Proposed Climate Reporting Rules in New York, Colorado, New...

Baker Donelson on

As the federal government works to roll back climate regulations and climate-focused initiatives, states have developed avenues to fill in the gaps left behind. Modeled in part after California's Climate Corporate Data...more

Husch Blackwell LLP

States Could Fill Potential Enforcement Gaps on Climate Disclosures

Husch Blackwell LLP on

On March 6, 2024, the Securities and Exchange Commission (SEC) issued new rules aimed at standardizing climate-related disclosures by public companies. Commonly known as the SEC climate disclosure rules, they require...more

Cozen O'Connor

Pennsylvania Perspective for Thursday, April 24, 2025

Cozen O'Connor on

Gov. Shapiro Reflects on Arson Attack in NYT Guest Essay- In a guest essay for The New York Times, Governor Josh Shapiro (D) recounted the traumatic experience of an arson attack on his residence, emphasizing the importance...more

Latham & Watkins LLP

New German Government Takes Office: Key Developments in ESG and Supply Chain Laws

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Following the German federal election in February 2025, the new coalition consisting of CDU/CSU and SPD (the Coalition) has reached a coalition agreement, unveiled on April 9, 2025....more

Husch Blackwell LLP

Developments Regarding Federal and State Climate-Related Disclosure Requirements

Husch Blackwell LLP on

On March 6, 2024, the Securities and Exchange Commission (SEC) issued rules aimed at standardizing climate-related disclosures by public companies. Commonly known as the SEC climate disclosure rules, these rules were designed...more

Proskauer - Regulatory & Compliance

State Climate Disclosure Bills – A Growing Trend?

With the uncertainty plaguing the ultimate status of the SEC’s climate disclosure rules on the federal level (we reported on the most recent developments in The SEC Votes to “End its Defense” of Climate Change Rules and SEC...more

Foley & Lardner LLP

SEC Climate Disclosures Rules One Step Closer to the Grave; GHG Emissions Disclosures One Step Closer to Becoming a Multi-State...

Foley & Lardner LLP on

The slow death of the Securities and Exchange Commission’s (SEC) climate disclosure rules continued on March 27, 2025, with the SEC Commissioners voting to discontinue the defense of such rules before the Eighth Circuit, Iowa...more

Fenwick & West LLP

European Commission Adopts Much-Anticipated Omnibus Package Aimed at Simplifying Various Sustainability Regulations

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On February 26, 2025, the Commission announced that it has adopted a new omnibus package of proposals designed to “simplify EU rules, boost competitiveness, and unlock additional investment capacity.” Commission President...more

Snell & Wilmer

Revitalization of the Multiple Use Mandate

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On February 11, 2025, the U.S. House Committee on Natural Resources, Subcommittee on Federal Lands, held an Oversight Hearing on “Restoring Multiple Use to Revitalize America’s Public Lands and Rural Communities.”...more

Fenwick & West LLP

New York Reintroduces Climate Disclosure Bills

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As in-scope companies prepare to begin publishing climate disclosures in California in 2026 (assuming these laws survive the ongoing litigation), New York State has taken steps to follow California’s lead by introducing two...more

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