article thumbnail

China Releases Carbon Allowance Trading Regulations

Latham's Clean Energy Law Report

The regulations aim to provide a legal framework for China’s carbon allowance trading market by strengthening requirements and designating responsibilities. By Hui Xu , Paul A. Read the Client Alert.

Carbon 59
article thumbnail

Turning action into law: government’s accountability legislation a critical step

Clean Energy Canada

With five-year milestones, progress reports that are made public, and an independent advisory panel to offer expert advice, this law will help ensure all sectors are on track toward a net-zero future. “We The EU has proposed legislation that would legally bind it to its commitment to be climate neutral by 2050.

Law 98
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Labour Criticised Over Drax-Sponsored ‘Zero Carbon’ Party Conference Event

DeSmogBlog

million tonnes of carbon dioxide in 2020, including 13.2 million from burning biomass, according to environmental law charity ClientEarth – is sponsoring an event called “How Can the UK Build a Zero Carbon, Lower Cost Energy Future?” Drax – which emitted 19.4 at the Labour conference in Brighton on Monday.

Carbon 98
article thumbnail

Comment: Carbon net zero – we’re halfway there

Envirotec Magazine

Kyoto Protocol agreed to use as a benchmark for their efforts to reduce greenhouse gas emissions, and 2050, the year many countries set as their target for carbon net zero. The halfway mark has now passed between 1990, the year that countries who signed the U.N. … while a lot has changed, not much has changed. Think big but start small.

article thumbnail

5 Companies Committed to Hitting Net Zero in 2022

The Environmental Blog

In 2019, the UK passed a law to bring all greenhouse gas emissions to net zero by 2050. To be classed as net zero, a company must achieve a balance between the carbon it emits into the atmosphere and the carbon it removes. Burberry has ambitious plans to not only be carbon neutral by 2022, but be carbon positive by 2040.

article thumbnail

European energy giants step up calls for 'ambitious' EU climate law

Business Green

A group of six of Europe's largest energy companies have today written to the EU, calling on it to fast track plans for a new climate law that would require the bloc to deliver net zero emissions by 2050 at the latest.

Law 81
article thumbnail

This Oregon forest was supposed to store carbon for 100 years. Now it’s on fire.

Grist

million offset credits based on the carbon stored in its trees. million metric tons of carbon dioxide — or the equivalent of driving 560,000 cars around for one year. California has a cap-and-trade law that limits greenhouse gas emissions from major emitters like power plants. That translates to 2.6 The system worked.

Carbon 145