archiveMay 15, 2023

The eighth edition of the State of the EU ETS Report details recent changes to the European carbon market. The report comes at a key moment for the EU ETS, as the main elements of its reform have just been adopted by European institutions. In particular, the mechanism’s emission reduction target has been raised (-62% by 2030 compared to 2005) and will now cover shipping emissions from the maritime sector. A separate new ETS will be created to cover emissions from fuels used in commercial buildings and road transport, and a Carbon Border...

America’s Federal Trade Commission (FTC) is set to reveal updates to its ‘Green Guides’ that aim to boost the robustness of eco-claims. The updates are expected to include changes to current disclosure frameworks; a range of new measures and guidance involving sustainability claims; the use of ‘green’ terms like ‘carbon neutral’; issues around carbon offsets; the expansion of enforcement authority and use of the Green Guides in private litigation. The Federal Trade Commission (FTC) Green Guides help companies avoid making environmental marketing claims that are unfair or deceptive under Section...