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432 results found

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Wardyński & Partners | European Union | 27 Apr 2023

Maritime transport covered by the emissions trading scheme

The EU legislative process related to adoption of key legal acts under the “Fit for 55” package is coming to an end. One of its elements is gradual…
Commentary
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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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HFW | Global, USA | 27 Feb 2023

Cooperative Approaches or the Article 6.4 Mechanism - which of the Article 6 market mechanisms will win the race to engage the private sector?

This paper discusses which of the two approaches under Article 6 of the Paris Agreement (Cooperative Approaches under Article 6.2 and the Article 6.4…
Article
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Reed Smith LLP | European Union | 16 Feb 2023

EU formalises its plans for the expansion of the EU ETS into shipping in 2024

The EU Emissions Trading Scheme (“EU ETS”) is a legislative scheme by which the EU caps emissions of greenhouse gases from certain industries by…
Article
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Chrysostomides Advocates & Legal Consultants | European Union | 6 Feb 2023

EU Carbon Border Adjustment Mechanism

In December 2022, the European Parliament and Council agreed on the text of the regulation on the Carbon Border Adjustment Mechanism (the “CBAM”)…
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Herbert Smith Freehills LLP | European Union | 24 Jan 2023

Preparing for CBAM

As the climate crisis intensifies and the severity of measures to reduce emissions in the EU increases, the problem of “carbon leakage”…
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Herbert Smith Freehills LLP | European Union, United Kingdom | 24 Jan 2023

Preparing for CBAM - The EU extends carbon policies despite trade tensions

The EU's controversial extension of its carbon market regime to foreign producers takes shape As the climate crisis intensifies and the rigour of…
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Yoon & Yang LLC | European Union, South Korea | 26 Dec 2022

EU, 탄소국경조정제도(CBAM) 도입 합의 - 6대 품목 등 영향 기업은 내년 10월 제품의 탄소배출량 보고부터 점진적 대응 필요 -

유럽연합(EU)은 지난 12일(현지시간) 수입 공업품에 탄소국경세를 물리는 탄소국경조정제도(Carbon Border Adjustment Mechanism, CBAM) 도입에 합의했습…
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Baker McKenzie | European Union | 21 Dec 2022

EU Climate ambitions go beyond borders

On 13 December 2022, a provisional agreement has been reached between the EU Council and the European Parliament on the Carbon Border Adjustment…
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Mayer Brown | European Union | 20 Dec 2022

EU Agrees on CBAM and EU ETS Reform

In December 2022, the EU institutions (the European Commission (“Commission”), Council of the European Union (“Council”) and the European Parliament…
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