A major voluntary carbon standard invites comments on linking carbon credits with crypto instruments and tokens, highlighting emerging questions around blockchain transactions in voluntary carbon markets.
By JP Brisson, Michael Dreibelbis, Brett Frazer, and Nick Eberhart
On August 3, 2022, Verra, a voluntary carbon standard, announced it was opening a public consultation
The second version includes guidance on metrics and how companies can conduct dependency and impact evaluation.
By Paul A. Davies, Michael D. Green, Austin J. Pierce, and James Bee
On 28 June 2022, the Taskforce on Nature-related Financial Disclosures (TNFD) released version 0.2 of its framework for nature-related risk and opportunity management
The system aims to stimulate innovation in GHG-reduction activities as part of the country’s 2030 Emissions Reduction Plan.
By JP Brisson, Michael Dreibelbis, and Alicia Robinson
On June 8, 2022, Canada launched the Greenhouse Gas (GHG) Offset Credit System (the System) to create a “market-based incentive to undertake innovative projects that reduce greenhouse
A controversial new law gives the California Energy Commission authority over clean energy projects and authorizes the Department of Water Resources to fund new energy sources and extend the life of existing power plants.
By Marc Campopiano, Nikki Buffa, Michael Navarrete-Carroll, Josh Bledsoe, and Kevin Homrighausen
Last week, Governor Gavin Newsom
The announcement underscores the continued focus on carbon capture, utilisation, and storage in UK energy policy in recent years.
By JP Brisson, Paul A. Davies, JP Sweny, Michael D. Green, and James Bee
On 6 July 2022, the UK government introduced the Energy Security Bill (the Bill) to Parliament, which contained
The proposal had contemplated clarifications to when short-form warnings should be used and had aimed to introduce new requirements for information about harmful chemicals.
By Michael Romey, Christopher Martinez, and Lucas Quass
Several amendments that the California Office of Environmental Health Hazard Assessment (OEHHA) had proposed to rules on short-form product warnings failed
The FCA emphasised the increasing prevalence of providers and the potential harm from lack of regulation in this area.
By Paul A. Davies, Nicola Higgs, Michael D. Green, and James Bee, and Anne Mainwaring
In June 2022, the UK’s Financial Conduct Authority (FCA) issued a Feedback Statement in response to a
The decision will limit EPA’s options for future regulation of existing power plant GHG emissions and may have broader implications for other federal agency rulemakings.
By Stacey L. VanBelleghem, Karl A. Karg, and Malorie R. Medellin
On June 30, 2022, the US Supreme Court issued its long-awaited ruling in West Virginia v. EPA
The guidance sends a signal that carbon capture and sequestration remains a focus of the current administration’s decarbonization efforts.
By Janice Schneider, Nikki Buffa, Josh Bledsoe, Nathaniel Glynn, and Kevin Homrighausen
On June 8, 2022, the US Department of the Interior’s (Interior) Bureau of Land Management (BLM) issued new guidance[1]
The Corporate Sustainability Reporting Directive expands the existing sustainability reporting requirements and brings more companies under its scope.
By Paul A. Davies, Michael D. Green, and James Bee
On 21 June 2022, the European Parliament and European Council reached a provisional political agreement on the terms of the EU’s proposed Corporate Sustainability Reporting