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Measuring and Reporting Greenhouse Gas Emissions will be “the” Environmental Issue of 2024

Greenbuilding Law

Governments across the United States are for the first time regulating greenhouse gas emissions. This entirely new and emergent body of law in response to climate change is bursting onto the scene in 2024 and businesses are beginning to monetize it as a new revenue stream. Moreover, at least 195 countries (.

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China’s Stock Exchanges to Plan Sustainability Disclosure Rules for Big Companies

Clean Energy Law

The Guidelines require the largest Chinese public companies to publish high-quality and standardized SDRs, and are open for public comment until February 29, 2024. All in-scope entities’ (Regulated Entities) SDR shall be published concurrently with the annual report, upon the approval of the board of directors. By Hui Xu , Paul A.

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Truck Loopholes 101 – When Emissions Regulations Don’t Match the Real World

Union of Concerned Scientists

The EPA is getting ready to finalize a critical regulation limiting emissions of smog-forming nitrogen oxide (NO X ) and soot (or particulate matter, PM 2.5 ) from new heavy-duty trucks. This is the first time EPA has sought to limit emissions in over two decades, and it is long overdue. EPA has proposed three different early credit programs.

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Greenhouse Gas Data Must be Collected Beginning January 1 in Maryland

Greenbuilding Law

This post is adapted from a Client Alert to commercial real estate owners and tenants in those buildings in Maryland about the new regulations requiring that beginning January 1, 2024 greenhouse gas emission data be collected for reporting to the state government.

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IRS Releases Guidance on SAF Tax Credit and Signals Forthcoming Revisions to GREET Model for Determining Lifecycle GHG Emissions Reductions

Law and Environment

On December 15, 2023, IRS published Notice 2024-06 , a brief but important guidance on Section 40B, the Inflation Reduction Act (“IRA”) tax credit for sustainable aviation fuel (“SAF”). Importantly, the guidance requires that SAF generate Q-RINs, which are RINs that have been verified by a third-party auditor under the RFS regulations.

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Capping Oil and Gas Emissions: We Have the Framework, Now Where Do We Go From Here? 

Enviromental Defense

Two years after Prime Minister Trudeau first promised to limit and reduce Canada’s oil and gas emissions, the federal government finally released a regulatory framework at COP 28, in December 2023. The next step is the release of the draft regulations, by April 2024. The framework is by no means perfect.

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COP28: “The Methane COP”

Legal Planet

China, and United Arab Emirates hosted the Summit on Methane and non-CO 2 Greenhouse Gases that called on the parties of the Paris Agreement to include methane and other GHGs in their nationally determined contributions (NDC). This year, several jurisdictions announced new methane regulations. Since the E.U.