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Global Environmental, Social, and Governance (ESG) Outlook and Regulations: What to Expect in 2023 and Beyond

Environment + Energy Leader

The post Global Environmental, Social, and Governance (ESG) Outlook and Regulations: What to Expect in 2023 and Beyond appeared first on Environment + Energy Leader.

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China Releases Carbon Allowance Trading Regulations

Clean Energy Law

The regulations aim to provide a legal framework for China’s carbon allowance trading market by strengthening requirements and designating responsibilities. The Regulations fill in the regulatory vacuum that has existed since 2021. The Regulations fill in the regulatory vacuum that has existed since 2021. By Hui Xu , Paul A.

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EU Reaches Provisional Agreement on ESG Ratings Regulation

Clean Energy Law

On 5 February 2024, the European Parliament and Council of the EU announced that they had reached a provisional political agreement on the text of the ESG Ratings Regulation (the Regulation). The agreed text was subsequently published on 14 February 2024. Refer to this Latham blog post for previous commentary on the proposal.

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California Water Challenges Remain Despite Significant Precipitation in 2023

Clean Energy Law

In the first quarter of 2023, most of the state received rainfall exceeding historic averages, with some areas experiencing 200%, or even 300% of average levels. This blog post summarizes key actions taken by state and federal officials in 2023 with respect to California’s water supply and provides an outlook for 2024.

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Roundup: Biden Administration Revamps Procedures for Reviewing Regulations

Union of Concerned Scientists

In the fourth quarter of 2023, the Biden administration finalized updated procedures for conducting cost-benefit analysis and encouraging public participation in meetings about regulations. Early in 2023, OMB collected public comments on two draft initiatives as part of the modernization process.

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Roundup: Biden Administration Revamps Procedures for Reviewing Regulations

Union of Concerned Scientists

In the fourth quarter of 2023, the Biden administration finalized updated procedures for conducting cost-benefit analysis and encouraging public participation in meetings about regulations. Early in 2023, OMB collected public comments on two draft initiatives as part of the modernization process.

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Regulating the Impossible Dream: NRC decision streamlines efforts to commercialize fusion

Law and Environment

On April 13, 2023, the Commissioners of the Nuclear Regulatory Commission (NRC) voted to approve a proposal that will accelerate the commercialization of fusion energy in the United States. All of the commercial nuclear reactors in service today are fission reactors, which are heavily regulated under 10 C.F.R.