News & Analysis as of

United Kingdom Carbon Emissions

BCLP

The Race to Net-Zero: Who Holds the Key to Unlocking Billions of Further Carbon Funding?

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The global carbon credit market is enormous – it is valued between a range in the hundreds of billions to trillions U.S. dollars - and split between two distinct markets, compliance (regulated) and voluntary...more

DLA Piper

Horizon - ESG Regulatory News and Trends - August 2025

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Welcome to Horizon, DLA Piper’s monthly bulletin reporting on late-breaking legislative and policy developments in ESG. Our aim is to scan the litigation, enforcement, and regulatory horizon to help inform business decisions....more

A&O Shearman

Transition Finance Council Consults on Entity-level Guidelines

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The Transition Finance Council, co-launched by the City of London Corporation and HM Government, has issued a consultation on draft entity-level Transition Finance Guidelines. The aim of the Guidelines is to establish a...more

Latham & Watkins LLP

UK Government Publishes Consultation Responses on Expanding the UK ETS Scope

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The government confirmed plans to expand the scope of the UK ETS to further align with the EU ETS, following discussion on potential reintegration....more

Hogan Lovells

Ancillary activities exemption: FCA Consultation Paper 25/19

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The Financial Conduct Authority (“FCA”) published a consultation paper (“CP 25/19”) on the ancillary activities exemption (the “AAE”) on 3 July 2025. The AAE enables commercial users and producers of commodities to undertake...more

Hogan Lovells

ESG Market Alert UK – July 2025

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In our latest round-up of developments in ESG for UK clients, we cover the following topics: UK Government issues new guidance for environmental impact assessments for oil and gas projects The Bank of England issues...more

Ropes & Gray LLP

The UK’s New Sustainability Reporting Consultations – FAQs for US-based Multinationals

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Many US-based multinationals are required to comply with current UK climate disclosure requirements. Last month during London Climate Action Week, the UK launched three consultations on sustainability reporting, which are...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

Jones Day

UK's Climate Change Committee Publishes Seventh Carbon Budget

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The UK's Climate Change Act 2008 requires the UK government to set five-year carbon budgets that cap total greenhouse gas ("GHG") emissions. The UK is currently operating within its Fourth Carbon Budget, which covers the...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

A&O Shearman

The UK's carbon border adjustment mechanism continues to take shape

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Ahead of the commencement of the UK Carbon Border Adjustment Mechanism (CBAM), key building blocks for its regulatory framework are moving into place. Following consultations in 2023 and 2024, draft legislation and a policy...more

Mayer Brown

What Are the Top 10 Things You Need to Know About UK CBAM?

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The UK government is currently consulting on draft primary legislation establishing a UK Carbon Border Adjustment Mechanism (“CBAM”), which is set to come into force from 1 January 2027 ....more

Hogan Lovells

Energy Buzz: UK ETS Evolution

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Extended Phase II – The UK ETS Authority consults on a variety of extension proposals Inter-Phase Banking – Surplus allowances from Phase I could be carried into Phase II of the extended scheme The UK Emissions Trading...more

A&O Shearman

Greenhouse Gas Emissions Trading Scheme (Amendment) (No. 2) Order 2025

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The Greenhouse Gas Emissions Trading Scheme (Amendment) (No. 2) Order 2025 (SI 2025/124) has been published, alongside an explanatory memorandum. It was made on 5 February and comes into force on 31 March. The instrument...more

BCLP

Low Carbon Hydrogen in the UK - a Universal Solution?

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The scaling up of low carbon hydrogen technologies will be crucial for achieving the UK’s Net Zero target by 2050 and a sustainable energy future. Historically, hydrogen has been produced from fossil fuels and utilised across...more

BCLP

Energy Performance of Buildings Regime - MHCLG and DESNZ Set Out Ambitious Targets in a New Consultation Building on the Previous...

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The UK government has launched a consultation to reform the Energy Performance of Buildings (EPB) regime, a crucial step towards achieving the nation’s ambitious net-zero targets by 2050. This extensive consultation, which...more

Hogan Lovells

UK Local heat networks - reducing reliance on gas and de-carbonising heating

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While we often associate electric heat pumps with homes, businesses are also turning to alternatives to gas to provide heating and hot water. This is applicable to both retro-fitting existing buildings and to the construction...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

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

BCLP

COP29 Update - Decarbonising the Built Environment: the Challenges and Opportunities

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The decarbonisation of the built environment is likely to be on the UK Government’s agenda as it looks to make good on its commitment at COP29 to cut carbon emissions by 81% from 1990s level by 2035. How will this be...more

A&O Shearman

Glasgow Financial Alliance for Net Zero Consults on Guidance on Nature in Net-Zero Transition Plans and Index Guidance to Support...

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The Glasgow Financial Alliance for Net Zero has published a consultation paper on nature in net-zero transition plans, which supplements the guidance provided in its November 2022 financial institution net-zero transition...more

King & Spalding

Following Finch: Planning Permission for Coal Mine Quashed

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In the recent case of Friends of the Earth v Secretary of State for Levelling Up, Housing & Communities & others; South Lakeland Action on Climate Change v Secretary of State for Levelling Up, Housing & Communities & others...more

Hogan Lovells

Our key takeaways from the Carbon Capture Global Summit 2024

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We recently attended the Carbon Capture Global Summit held at the QEII Centre in London. The summit, attended by Partners Ben Sulaiman and Andy Shaw, and Senior Associate Firas Albani, serves as a global forum dedicated to...more

A&O Shearman

UK Department for Energy Security and Net Zero Publishes Update on Extension of UK Emissions Trading Scheme First Free Allocation...

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The U.K. Department for Energy Security and Net Zero published an update in relation to an extension of the U.K. Emissions Trading Scheme's first free allocation period...more

Cadwalader, Wickersham & Taft LLP

Cadwalader Climate - September 2024 #3

In this week’s edition, we discuss the Swiss Government’s rejection of a landmark ruling that the country had violated the human rights of a group of its citizens by failing to take adequate action on climate change; a report...more

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