Archives: Emissions

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The EU Corporate Sustainability Reporting Directive Proposal: What Companies Need to Know

The European Commission has published a proposal for a Corporate Sustainability Reporting Directive (2021/0104) (“CSRD”), which forms just one part of a comprehensive package of sustainable finance measures (see our blog here).  The Commission has put forward these measures in response to demand for stronger and wider sustainability reporting standards, over and above what the … Continue Reading

Call Me By My Name: The Importance of the European Commission’s Proposed Climate Change Law

On March 4, 2020, the European Commission delivered the first major climate piece of its European Green Deal: it proposed a “European Climate Law,” which takes the form of a Regulation and establishes a framework for the irreversible and gradual reduction of greenhouse gas emissions and the enhancement of removals in the European Union.  The … Continue Reading

Climate Change: The EU Moves Towards a Carbon Border Adjustment Mechanism

Last week, the European Commission took a major step to implement the climate aspects of its European Green Deal.  It presented a proposal for a European Climate Law and two consultations on its announced Climate Pact and Carbon Border Adjustment Mechanism (“CBAM”).… Continue Reading

Pricing Roads in the United States: New York Sets the Bar on Fixing Traffic and Reducing Urban Pollution

Last month, New York Governor Andrew M. Cuomo and state lawmakers agreed on a plan to implement a sweeping new transportation policy in Manhattan: congestion pricing.   New York will join other major cities around the world – including London (Congestion Charge), Stockholm (Congestion Tax), and Singapore (Electronic Road Pricing) – which have recently implemented a form … Continue Reading
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