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Carbon Emissions

Kilpatrick

Key Takeaways - The Current State of Play of Carbon Credit Markets

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John Pierce and Siegmar Pohl of Kilpatrick recently presented a portion of “The Current State of Play of Carbon Credit Markets” hosted online by the Federal Bar Association and myLawCLE. They focused on the associated risks...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

Baker Botts L.L.P.

DOE, other agencies released updated SAF roadmap

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DOE, DOT, USDA, and EPA released an updated implementation framework for the outgoing Administration's Sustainable Aviation Fuel (SAF) Grand Challenge. The Grand Challenge called for 3 billion gallons of domestic SAF...more

Fenwick & West LLP

Accenture Report Reveals World’s Largest Companies Making Meaningful Progress Toward Net Zero, But Progress Is Not Fast Enough

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Last week global professional services firm Accenture published its fourth annual Destination Net Zero report, in which it examined the decarbonization efforts and progress of the 2,000 largest public and private companies by...more

Baker Botts L.L.P.

Questions & Unsatisfactory Answers: The European Commission publishes guidance on the importer requirements of the EU Methane...

Baker Botts L.L.P. on

Today, the European Commission published the document “Questions and answers on importer requirements of EU Methane Regulation (EU) 2024/1787” (the “Methane Q&A”). In short, the Methane Q&A is an attempt, but an insufficient...more

Kelley Drye & Warren LLP

SDNY Reverses its Position on ​“Carbon Neutral” Lawsuit

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In January, we reported that a judge in the Southern District of New York refused to dismiss a class action alleging that ​“carbon neutral” claims on bottles of Evian water were misleading. The judge determined that the term...more

Baker Botts L.L.P.

P2N0 - Edition 19 - News and Views on the Drive Towards Net-Zero GHG Emissions

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Welcome to the Edition 19 of P2N0 covering the drive to reduce greenhouse gas (GHG) emissions to net-zero (NZE). P2N0 identifies significant news items globally, reporting on them in short form, focusing on policy settings...more

Proskauer - Regulatory & Compliance

The Fate of the New U.S. Climate Change Rules Under the New Republican Administration; Certain States are Expected to Ramp Up...

It is no secret that the incoming Republican Administration has been skeptical of the federal government’s climate change measures, which brings further uncertainty to the SEC’s new climate change rules (the “Rules”).  To be...more

Fox Rothschild LLP

Duke Energy Gives North, South Carolina Customers More Access to Renewable Energy

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Customers of Duke Energy Progress and Duke Energy Carolinas (Duke Energy) have new options to achieve their clean energy goals in the Carolinas. If customers participate in these new programs, there may be additional...more

Benesch

Colorado LER Requirement

Benesch on

Breathe In That Rocky Mountain Air:  Motor Carriers, Brokers, Freight Forwarders, and Private Fleets Operating in Colorado Face November 30, 2024 Deadline to Comply with State’s New Emissions Reporting Requirements and Avoid...more

Proskauer - Advertising Law

S.D.N.Y. Waters Down Prior Ruling on “Carbon Neutral” Consumer Deception Claim

The Southern District of New York recently reconsidered its partial denial of Defendant Danone Waters of America’s motion to dismiss claims alleging Danone falsely advertised Evian water as “carbon neutral.” Reversing his...more

Mayer Brown

COP-29: Progress in the Operationalization of the International Carbon Credit Market

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On November 11, 2024, one of the first substantive outcomes of the 29th Session of the UN Conference of the Parties to the UN Framework Convention on Climate Change (COP29) was approved. The President of COP19 introduced a...more

Perkins Coie

City’s Greenhouse Gas Emissions Threshold for Delivery Warehouse was Supported by Substantial Evidence

Perkins Coie on

The court upheld a mitigated negative declaration for a parcel delivery warehouse project, finding, among other things, that the threshold of significance and baseline used in preparing the MND were supported by substantial...more

McDermott Will & Emery

COP29 Week One: Conference Is Told “Parties Must Remember That the Clock Is Ticking” as They Struggle To Make Progress on How To...

McDermott Will & Emery on

The previous annual finance goal (the New Collective Quantified Goal (NCGC)) of $100 billion expires this year. However, wealthy countries only met the pledge in full starting in 2022. Negotiation teams are working on draft...more

Blake, Cassels & Graydon LLP

Emissions Cap: Government of Canada Introduces Draft Regulations for Oil and Gas

Introduction - On November 4, 2024, the Government of Canada released proposed regulations under the Canadian Environmental Protection Act, 1999 (CEPA) that, if adopted, will impose a cap on greenhouse gas (GHG) emissions...more

DLA Piper

Industrials Regulatory News and Trends - November 2024

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Welcome to Industrials Regulatory News and Trends. In this regular bulletin, DLA Piper lawyers provide concise updates on key developments in the industrials sector to help you navigate the ever-changing business, legal, and...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

Jones Day

Landmark Climate Change Case Overturned: The Hague Court of Appeals Overturns Ruling Ordering Shell to Reduce CO2 Emissions

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On November 12, 2024, The Hague Court of Appeals overturned the landmark climate change litigation case that imposed a 45% CO2 reduction obligation on Shell....more

McDermott Will & Emery

COP29 Day Three: Progress Is Made Toward Tripling Nuclear Capacity by 2050 as Cracks Appear Within Funding Models

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Day three of the 29th Annual United Nations Climate Change Conference COP29 saw the end of the first part of the high-level segment for heads of state and other global leaders in Baku as well as the announcement of...more

McDermott Will & Emery

COP29 Day Two: The US Continues to “Work Together With Global Partners To Be Successful in Outcomes That Keep 1.5 Alive”

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Day two of the 29th Annual United Nations Climate Change Conference (COP29) saw the US Special Presidential Envoy for Climate make its first post-election statements in Baku....more

Beveridge & Diamond PC

Carbon Markets Roundup - November 2024

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Overview - Beveridge & Diamond’s Carbon Markets Roundup covers domestic and international issues of note in mandatory and voluntary markets, as well as related regulatory programs aimed to reduce greenhouse gas (GHG)...more

Paul Hastings LLP

COP 29: Parties at UN Climate Summit Agree on Standards to Launch Global Carbon Market

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In an effort to advance a global carbon market, the parties to COP 29 — the United Nations climate conference hosted by Azerbaijan this year — approved important standards for such a market to be developed under Article 6.4...more

Fenwick & West LLP

Shell Prevails in Appeal Against Landmark Climate Emissions Ruling

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On Tuesday, oil and gas giant Shell won its appeal against a landmark 2021 court ruling that ordered the company to cut its absolute carbon emissions by 45% by 2030 compared to 2019 levels, including emissions caused by use...more

A&O Shearman

Climate investment is rising fast – but the financing gap to deliver Net Zero is rising faster

A&O Shearman on

Our second annual study into the scale of the financing needed to decarbonize the global economy reveals the challenge is bigger than previously thought. - Our research shows we are USD6 trillion a year short of what needs...more

Kelley Drye & Warren LLP

Deadline for Carbon-Related Disclosures Under CA AB 1305 Quickly Approaching

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The deadline for the California law requiring disclosure of information substantiating carbon reduction claims is January 1, 2025, so companies should begin working on these disclosure statements if they are not underway or...more

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