article thumbnail

European Green Deal - What is the Just Transition Mechanism?

Energy and Climate Law

To do so, this mechanism will mobilise at least €100 billion in investments over the period 2021-2027 (p.1). Aim The JTM aims for “a fair and just green transition […] to support workers and citizens of the regions most impacted by the transition.” refineries) or on highly carbon-intensive industries (such as cement plants or smelters).

article thumbnail

RePlanet Nederland’s review of the draft Delegated Regulation on nuclear energy and gaseous fossil fuels in the sustainable finance taxonomy

Environmental Progress

Their inclusion appears to be the result of a political compromise with Member States rather than of scientific appraisal as in the case of nuclear energy. Having an expiration date creates political investment uncertainty and risk, which is precisely what the Taxonomy intended to remove.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Brooklyn startup addresses gun violence with climate jobs

A Greener Life

Buildings contribute 67 percent of New York City’s greenhouse gas emissions , with apartment buildings representing the biggest share of that. The ban takes effect in December 2023 for buildings under seven stories; for taller buildings, developers negotiated a delay until 2027. ” From Bed-Stuy to nationwide.

Cooling 98
article thumbnail

New California Legislation Would Be a Major Step Forward for Climate Disclosure

Law Columbia

A second bill would require annual reporting of the greenhouse gas (GHG) emissions caused by a covered firm’s operations. Corporate and securities law – as well as companies and their leaders acting through lobbying and politics – also have major roles to play. [9] 24] SB 253 does not require materiality.

article thumbnail

Stronger Fuel Economy Standards Are Needed to Clean Up Combustion Vehicles

Union of Concerned Scientists

leader in cleaning up the light duty fleet quietly released its own proposal in August: the Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) has proposed to improve fuel economy of passenger cars and trucks steadily from 2027 through 2032 and heavy-duty pickups and vans from 2030 to 2035.

article thumbnail

Biden Administration Faces Stark Choice on Its Biggest Climate Policy

Union of Concerned Scientists

The UN’s Climate Change Conference is just about to kick off in Dubai, juxtaposing the powerful political power of the fossil fuel industry and the desperate need to reduce oil and gas usage as we face an ongoing climate crisis. But it is precisely this pace of change that has the auto industry pushing back hard on EPA’s proposed rules.

2026 248
article thumbnail

Did Biden have to approve the Willow oil project?

Legal Planet

Much of the media coverage so far has focused on the political dynamics driving the decision (as noted with some alarm here and here ) and devoted less attention to the legal dynamics. ” The Willow decision also shows the limits of politics. That blinkering is more a symptom of weak political will than of weak law.