Environment, Land & Resources

Tag Archives: carbon emissions

China Pledges to Become Carbon Neutral by 2060

President Xi Jinping promises to reduce carbon emissions in speech before the UN General Assembly. By Paul A. Davies, Michael D. Green, R. Andrew Westgate, and Jacqueline J. Yap On 22 September 2020, during a speech before the UN General Assembly, President Xi Jinping announced China’s commitment to become carbon neutral by 2060 and reaffirmed … Continue Reading

Climate Assembly UK Publishes 2050 Net Zero Target Recommendations

The UK citizens’ assembly identifies overarching principles and makes specific recommendations for achieving the environmental goal. By Paul A. Davies and Michael D. Green Background The Climate Assembly UK has published its report on how the UK can achieve its statutory target for net zero carbon emissions by 2050. The report, which was released on … Continue Reading

European Commission Launches Consultation on Proposed Green Claims Regulation

Proposed regulation will require companies to substantiate their environmental footprint claims, seeking to ensure green claims are more reliable. By Paul A. Davies and Michael D. Green Background On 27 August 2020, the European Commission (the Commission) launched a public consultation on a possible proposal on substantiating green claims about products or services. This follows … Continue Reading

Australian Government Faces Class-Action Over Failure to Disclose Climate Change Risks

The pioneering case seeks an injunction to restrain the government from further promoting exchange-traded bonds until it complies with its duty of disclosure. By Paul A. Davies and Michael D. Green On 22 July 2020, investors filed a class-action claim against the Australian government, alleging that it failed to disclose material climate change risks relating … Continue Reading

UK Carbon Pricing Updates: UK Emissions Trading System and Carbon Emissions Tax Consultation

The government provides further details on UK carbon pricing after Brexit. By Paul A. Davies and Michael D. Green On 14 July 2020, the UK government published the draft Greenhouse Gas Emissions Trading Scheme Order 2020 (the Order), establishing a framework for the potential UK Emissions Trading System (UK ETS). Subsequently, on 21 July 2020, … Continue Reading

UK Publishes Proposed Emissions Trading System

The proposals outline the potential new UK system after Brexit, which could be linked to the EU Emissions Trading System.  By Paul Davies and Michael Green On 1 June 2020, the UK’s Department for Business, Energy and Industrial Strategy (BEIS) published proposals outlining a new UK-wide Emissions Trading System (UK ETS) contained within a response … Continue Reading

TCI Releases Framework for Draft Policy to Reduce GHG Emissions From Transportation

Under the TCI program, fuel suppliers would be required to hold allowances to cover their reported emissions. By Jean-Philippe Brisson, Joshua T. Bledsoe, and Benjamin W. Einhouse The Transportation & Climate Initiative (TCI), a regional collaboration of Northeast and Mid-Atlantic states and the District of Columbia, has advanced its program to reduce greenhouse gas (GHG) … Continue Reading

UK Releases New Details on Net Zero Target Measures

The announcements signal how both the Net Zero Review and the IETF will impact the UK’s transition to net zero. By Paul Davies and Michael Green On 2 November 2019, the UK government announced further details on two initiatives focused on helping the UK reach net zero greenhouse gas emissions by 2050. The first of … Continue Reading

EU and Countries Worldwide Coordinate to Harmonize Rules on Green Financing

The launch of the International Platform on Sustainable Finance indicates an increased focus on a globalized approach to coordinating sustainable finance. By Paul Davies and Michael D. Green On October 18, 2019, the EU, China, India, and five other countries combined to launch the International Platform on Sustainable Finance (IPSF). Acknowledging the role that private … Continue Reading

German Government Adopts Climate Action Programme 2030

The Programme includes a new CO2 pricing regime aimed at emissions caused by the building sector and by traffic and transport. By Jörn Kassow On 20 September 2019, the German government adopted the Climate Action Programme 2030, a plan to ensure that Germany achieves its climate protection goals for 2030, including a reduction of greenhouse … Continue Reading

Emissions Trading: EC Proposes Key Amendments to the Auctioning Regulation

The public consultation on adjusting the GHG emission allowance auction process for 2021-2030 is open for comment until August 6. By Joern Kassow and Alexander Wilhelm In order to deepen cooperation in the energy sector and to build up a stronger Energy Union, the European Parliament and the Council revised Directive 2003/87/EC (ETS Directive) in … Continue Reading

CARB Amending SF6 Regulation: Stricter Requirements for California Electrical Equipment

California proposes phasing out the use of SF6 in GIE and further reducing allowable GHG emissions from such equipment. By Aron Potash and Kimberly D. Farbota California Air Resources Board (CARB) staff recently published a discussion draft (Draft Amendments) of potential changes to the current Regulation for Reducing Sulfur Hexafluoride Emissions from Gas Insulated Switchgear … Continue Reading

CARB Workshop Previews Upcoming Heavy-Duty Diesel Changes

CARB continues to drive lower NOx emissions for heavy-duty engines and vehicles on the road. By Arthur Foerster and Reed McCalib On January 23, 2019, the California Air Resources Board (CARB) held a public workshop to discuss the agency’s ongoing regulatory emissions overhaul for on-highway, heavy-duty diesel engines and vehicles. Based on the agency’s position … Continue Reading

Cutting-Edge Environmental Advice Profiled by the Financial Times

The Newhall Ranch project in Los Angeles County was highlighted for its proactive and innovative strategy to reduce carbon emissions. A strategy to gain approvals for the development of the Newhall Ranch community in Los Angeles County — built around the project’s net-zero impact on climate change — was recently featured in a report by … Continue Reading

UK Government to Abolish CRC Energy Efficiency Scheme

Relief from the mandatory scheme will reduce the administrative burden on non-energy intensive companies. By Paul A. Davies and Michael D. Green The Carbon Reduction Commitment (CRC) — which first came into operation on 1 April 2010 — will be abolished at the end of the 2018-19 compliance year, pursuant to the CRC Energy Efficiency … Continue Reading

The Chinese Government Announced Measures to Assist With ETS Implementation

Updates underscore China’s commitment to reducing carbon emissions despite government agency reshuffling. By Paul A. Davies and R. Andrew Westgate The Climate Change Department (CCD) of the newly formed Ministry of Ecology and Environment (MEE) has announced its official updates in relation to China’s low carbon-development strategy generally and the National Emissions Trading System (ETS) … Continue Reading

Investing in the Environment — European Commission Announces Innovation Fund

The Innovation Fund will promote advanced low-carbon technologies to reduce greenhouse gas emissions and promote decarbonisation. By Paul A. Davies and Michael D. Green By the end of 2018, the European Commission will set up an Innovation Fund (the Fund) to aid decarbonisation. To achieve this, the European Commission will amend the EU Emissions Trading … Continue Reading

Can China Meet Its Paris Agreement Targets?

Increased manufacturing offshoring and industrial activity may prevent China from reaching its commitments, despite a booming renewable energy sector. By Paul A. Davies, Kimberly Leefatt, and R. Andrew Westgate China’s carbon emissions increased by 4% in the first quarter of 2018 — marking the biggest hike in carbon emissions in the last seven years, according … Continue Reading

Carbon Markets Must Balance Stability and Adaptability When Implementing Emissions Trading Systems

As China begins to implement its emissions trading system, the country may look around the globe for regulatory guidance. By Paul A. Davies and R. Andrew Westgate China established its national emissions trading system (ETS) as a key component of the plan to meet its commitments under the Paris Agreement. The country’s participation in the … Continue Reading
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