Four federal agencies—the Environmental Protection Agency, the Department of Transportation, the Department of Energy, and the Department of Housing and Urban Development—have released a Blueprint for Transportation Decarbonization, an ambitious plan that outlines the principles the federal government will continue to use to pursue its stated goal of economy-wide net zero emissions by 2050. This “whole of government” mobilization will profoundly affect many investment decisions, collaborations, regulatory actions and policy disputes with material impacts across many business sectors.Continue Reading Biden Administration Releases Comprehensive Transportation Decarbonization Plan
COP27 was never going to be a ‘Big COP’ in the way that COP26 in Glasgow was. It was not originally designed to be one of the five-year ratchet reviews of NDCs set out by the 2015 the Paris Agreement and there were no major new climate change texts due to be negotiated. Sharm’s value is likely to be assessed, at least in part, on whether it effectively tees up important items for next year, including:
- the Global Stocktake (the technical dialogue will conclude in June next year, and the political phase at COP28);
- the Global Goal on Adaptation, due to conclude next year;
- the New Collective Quantified Goal on climate finance, due to conclude in 2024; and
- the increasingly important future discussions on loss and damage.
However, COP27 remains an important waypoint – not least in how successful it eventually is in avoiding acrimonious debate and significant tensions over loss and damage.Continue Reading COP 27: Week One Summary
In October 2020, Covington public policy experts Sebastian Vos and Gary Guzy were invited to the 2020 CleanEquity Monaco sustainable technology conference to discuss the policy outlook in the EU and US, and likely impacts on efforts to decarbonize carbon-intensive sectors of the economy. The event was presented globally on EarthX TV. Covington’s London-based emerging companies, corporate partner Simon Amies introduced the panel discussion and Washington-based environmental and public policy associate Lindsay Brewer moderated. A link to the full discussion (including some content not presented at the conference) is available here and Monaco news media coverage of the presentation is available here.
Continue Reading Covington Experts Discuss Decarbonization Strategies in the EU and US at a Leading Global Sustainable Technology Conference