The consultation considers what a potential regulatory regime would look like, and its proposed scope.
By Nicola Higgs, Paul A. Davies, Becky Critchley, Anne Mainwaring, Ella McGinn, and Charlotte Collins
On 30 March 2023, HM Treasury published a consultation on regulating ESG ratings providers, which ties in with and was
UPDATE – In its Action on Decision (AOD 2023-01, 2023-10 IRB 502), the Internal Revenue Service (“IRS”) announced its acquiescence to the holding of the Fifth Circuit in Trafigura Trading LLC v. United States, No. 21-20127, 29 F.4th 286 (5th Cir. 2022), i.e., that Internal Revenue Code (“IRC”) Section 4611(b)(1)(A) imposes a tax on
On March 21, 2023, the US Department of Energy (DOE) released three reports as part of its ““Pathways to Commercial Liftoff,” articulating its vision on how the private sector and policymakers can reach full-scale commercialization for advanced nuclear, clean hydrogen, and long-duration energy storage.
As part of the European Green Deal ambitions, the proposal encourages sustainable consumption through additional incentives to repair products to reduce waste and emissions.
By Paul A. Davies, Michael D. Green, and James Bee
On 22 March 2023, the European Commission (Commission) adopted a new proposal on common rules promoting the repair of
On January 1, 2023, the European Commission’s Delegated Regulation (EU) 2022/1288 of April 6, 2022 (“Delegated Regulation”), which introduces “Level 2” of the Sustainable Finance Disclosure Regulation (“SFDR”), entered into force. Level 2 of the SFDR complements and clarifies Regulation (EU) 2019/2088 of the European Parliament and of the Council of November 27, 2019 on
GHG Emissions: European Parliament Adopts Draft Measures to Achieve Zero-emission Buildings by 2050
On Tuesday, March 14, 2023, Members of the European Parliament adopted a proposed amendment to the Energy Performance of Buildings Directive, which now calls for the total decarbonization of buildings in all members states by 2050. In addition to buildings, the revision
Claiming to be “green” and “sustainable” has become a competitiveness perimeter in the EU, with green products registering greater growth than other products. However, not all products on the EU market are as environmentally friendly as presented by the companies and thus may be misleading to the consumers in relation to their environmental impact. Such
On March 22, 2023, the California Supreme Court granted the City of San Francisco’s stand-alone depublication request in (and declined to review on its own motion) the First District Court of Appeal’s (Div. 4) decision in Saint Ignatius Neighborhood Association v. City and County of San Francisco. The depublished opinion reversed a trial court decision
Foreclosure proceedings in Louisiana can be challenging for lenders and servicers not familiar with the Bayou State’s particular procedures. This blog post provides a brief introduction to Louisiana’s foreclosure process focused on mortgaged commercial or industrial property.
First and foremost, Louisiana is a judicial-foreclosure state. The foreclosing creditor must request and obtain a court order
Background
Later this week the Department of the Treasury is expected to release guidance on the Inflation Reduction Act (IRA)’s EV tax credit under section 30D of the Internal Revenue Code. Highly consequential for the guidance and practical availability of the credit will be how Treasury interprets the term “foreign entity of concern.” This is