article thumbnail

MAS Launches Singapore-Asia Taxonomy

Clean Energy Law

Accordingly, the Taxonomy accounts for maritime vessels that are aligned with the International Maritime Organisation’s 2023 strategy for greenhouse gas reduction. The relevant CFPP owner has a Paris Agreement-aligned transition plan. beyond those that have already been signed by December 2023).

article thumbnail

Should countries issue binding unilateral declarations on GHG emission targets?

Law Columbia

But while the Paris Agreement is formally a legally binding international treaty, it is generally recognized that (similar to many other multilateral environmental agreements) it only creates procedural obligations: to submit and maintain an NDC and subsequently report on performance.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Analysis: Can ‘green corridors’ tackle shipping’s giant carbon footprint?

A Greener Life

Ships emit over 1 billion tonnes of greenhouse gases every year, or just under 3% of global emissions, according to the International Maritime Organization , the UN body responsible for shipping. Without further action, shipping emissions are projected to rise by at worst 30% by 2050, compared to 2008 levels.

article thumbnail

Using the Free Market to Affect Change: An Argument for Environmental Taxes

Vermont Law

international climate change agreement. the Paris Agreement) that will require periodic, rigorous accounting and management of total national emissions. Most recently, on September 3, 2016 the United States and China honored their earlier agreement by depositing their instruments of ratification with the United Nations to.

article thumbnail

The ECtHR’s Klimaseniorinnen Judgment: The Meaning of Carbon Budget within a Wide Margin of Appreciation

Law Columbia

States must also have adequate intermediate greenhouse gas (GHG) emissions reduction targets and pathways (e.g., Examples of this sort of carbon budget are found in the United Kingdom’s Climate Change Act 2008 , and the European Union’s European Climate Law ( Regulation (EU) 2021/1119 ).

article thumbnail

COP 21: A Kyoto Protocol Redux?

Vermont Law

Less than four months from the release of the Paris agreement, Professor Mark Latham does not share the optimism expressed by others. Negotiators previously reached a “groundbreaking” international agreement that was expected to halt the global rise in greenhouse gas emissions. Without U.S.

article thumbnail

October 2019 Updates to the Climate Case Charts

Law Columbia

Circuit Court of Appeals granted motions seeking to dismiss as moot the proceedings challenging the Obama administration’s Clean Power Plan, which established emission guidelines for greenhouse gases from existing power plants. The court dismissed the proceedings 11 days after the effective date of the U.S.

2019 40