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Anggraeni and Partners | Indonesia | 1 Aug 2023

Peeking the Potential Impact of the Foreign Climate Ruling to the Enforcement of Foreign Judgment in Indonesia: A Brief Case Study

The increasing severe impact of climate change and the approaching emission reduction target set out in the Paris Agreement have led to the…
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Van Bael & Bellis | European Union | 13 Jun 2023

Carbon Border Adjustment Mechanism Regulation approved: New obligations for importers.

On 16 May 2023, the final text of Regulation (EU) 2023/956 establishing the Carbon Border Adjustment Mechanism, or CBAM (Regulation), was officially…
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Rokas | Greece | 12 Jun 2023

European Commission approves Greek state aid schemes

In early 2023, the European Commission approved the grant of €1.36 billion in compensation to cover indirect emission rights (ETS) costs in Greece from 2021-2030, in compliance with ETS State Aid Guidelines. This scheme was proposed on the grounds that energy-intensive industries need support to deal with increased electricity prices. The scheme also aims to address the risk of "carbon leakage".
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Akin Gump Strauss Hauer & Feld LLP | USA | 12 Jun 2023

Climate change policy update: power plants, fossil fuel and water conservation

This article outlines pertinent legal and policy climate change developments in the United States during the past week. The EPA is forcing power plants to either cut pollution or shut down. The White House has approved a plan to speed up the approval of some fossil fuel projects to hasten the construction of new transmission lines. The three Colorado River Lower Basin states have reached a......
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Van Bael & Bellis | European Union | 22 May 2023

Approvato il CBAM: al via dal 1° ottobre 2023 il nuovo meccanismo di adeguamento del carbonio alle frontiere

Martedì 16 Maggio 2023, è stato ufficialmente pubblicato il testo finale del Regolamento (UE) 2023/956 (Regolamento) relativo al meccanismo di…
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Lexology PRO | Asia-Pacific, Australia, European Union, etc. | 19 May 2023

ESG: key updates and developments (5 – 18 May)

“Eco-friendly” and “green” claims will be banned under proposed EU law, a High Court denies ClientEarth’s claim against Shell, and New York looks to ban new gas stoves and heating – plus other key updates.
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Akin Gump Strauss Hauer & Feld LLP | USA | 8 May 2023

Climate change policy update: climate bill repeal, gas ban and zero-emission trucks

This article outlines pertinent legal and policy climate change developments in the United States during the past week. Manchin has threatened to support the repeal of Biden's climate bill and Hochul has announced the first state-wide ban on gas in new buildings. California Air Resources Board has unanimously approved a mandate to move big rigs and other trucks to zero-emissions.
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KPMG Law | Canada | 28 Apr 2023

2023 federal budget highlights: green incentives

Canada's deputy prime minister and finance minister, Chrystia Freeland, recently delivered the 2023 federal budget. This article is part of a series exploring the highlights of the 2023 federal budget. It examines the budget's draft legislation commitment to green incentives and how they apply to businesses, individual taxpayers and manufacturing processes.
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Fenech & Fenech Advocates | European Union | 26 Apr 2023

Extension of EU ETS to shipping sector

The European Union is taking big strides in its decarbonisation efforts to reach carbon neutrality targets by 2050. The extension of the current EU emissions trading scheme (ETS) to the maritime transport industry is an example of one of measures in the European Union's "Fit for 55" package developed in line with the European Green Deal to address the climate change crisis.
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Ploum | European Union | 15 Feb 2023

Het nieuwe mechanisme voor koolstofgrenscorrectie: achtergrond en kritiekpunten

Op 12 December 2022 is in Brussel een akkoord bereikt over het Carbon Border Adjustment Mechanism (‘CBAM’). Vanaf 23 oktober 2023 moet bij de import…
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