Archives: Greenhouse Gases

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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

The EU’s Green Capitalism Takes Shape: Taxonomy Screening Criteria and Corporate Sustainability Reporting

The European Commission has presented a package of key enabling legislation on sustainable finance (the “Sustainable Finance Package”).  This includes the much-awaited first technical screening criteria under the Taxonomy Regulation — outlined in the Taxonomy Climate Delegated Act (“TCDA”) — and a proposal for a Corporate Sustainability Reporting Directive (“CSRD”), which significantly revises and expands … Continue Reading

Grid Modernization and Greenhouse Gases

This blog is the seventh in a series, “The ABCs of the AJP.” Grid Modernization and Resiliency Grid modernization and resiliency are critical and intertwined issues that only grow more important as climate change increases the frequency and severity of extreme weather events. As the Biden Administration notes in its American Jobs Plan fact sheet, … Continue Reading

The United States’ New Nationally Determined Contribution (NDC) and the ABCs of the American Jobs Plan (AJP)

Today, on Earth Day, the United States made a bold move to resume international leadership on climate change by announcing the United States’ new target to achieve a 50 to 52 percent reduction in economy-wide greenhouse gas pollution from 2005 levels by 2030.  The President announced the target on the first day of the Leaders … Continue Reading

Canada Given Green Light to Carbon Pricing: The Supreme Court of Canada Upholds the Greenhouse Gas Pollution Pricing Act

On March 25, 2021, the Supreme Court of Canada upheld the Greenhouse Gas Pollution Pricing Act (“GGPPA”), which establishes a national pricing benchmark for greenhouse gas (“GHG”) emissions. Reference re Greenhouse Gas Pollution Pricing Act, case numbers 38663, 38781, and 39116. Several provinces challenged the law, arguing that it was unconstitutional and that it imposed … Continue Reading
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