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Greenhouse Gas Emission Disclosures in Real Estate Contracts and Beyond

Greenbuilding Law

In response, both voluntary and mandatory GHG emission disclosures in contracts have emerged worldwide, compelling a broad breadth of business sectors, particularly real estate, to integrate these considerations into their company practices and into their contract documents. businesses operate in leased space.

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Mandatory Climate Reporting in Singapore From FY2025

Clean Energy Law

The Accounting and Corporate Regulatory Authority and Singapore Exchange Regulation have provided details of mandatory climate reporting for listed issuers and large non-listed companies. The Regulations will be introduced in a phased approach in line with the recommendations from the Sustainability Reporting Advisory Committee (SRAC).

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Financing Building Decarbonization: Leveraging a Sector-Wide Emissions Model to Prioritize Capital Flows

Environmental News Bits

Real estate actors across the United States are at the precipice of a major climate opportunity. The recently passed Inflation Reduction Act (IRA), and the increased focus by investors, lenders, regulators, and policymakers on building decarbonization, positions the sector to take meaningful action. Download the report.

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Maryland is the First State to Regulate Carbon

Greenbuilding Law

Many regulations will have to be promulgated to make all of this happen. The Maryland Department of the Environment has already begun drafting regulations and proposed regulations will first be circulated for public comment in winter 2023 with final regulations adopted in summer 2023.

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DEP’s Municipal Harbor Plan Regulations Invalid

E2 Law Blog

The Massachusetts Supreme Judicial Court has ruled that the Department of Environmental Protection (DEP) did not have authority to give the Secretary of Environmental Affairs the power to approve municipal harbor plans containing less stringent standards than DEP’s own regulations. Armstrong v. Sec’y Energy & Envtl. Affairs , No.

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How to Address Sea Level Risks in California Real Estate Transactions

Legal Planet

The latest policy brief from the UCLA Emmett Institute examines California’s existing real estate disclosure practices and suggests mechanisms to improve them to account for the accelerating risk of rising sea levels and ultimately inform potential buyers. Include more specific references to coastal regulations (e.g.

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New Maryland Regulation all but Shuts Down Phase ll Environmental Site Assessments

Greenbuilding Law

The Maryland Department of the Environment has adopted regulations for the first time requiring the person conducting an environmental assessment, even when they are not the owner of the property (e.g., Noting that these regulations largely regulate the oil and gas industry (e.g., the NPDES program) to be reported to MDE.