THE FUTURE OF THE UK ETS – UK GOVERNMENT PUBLISHED UK ETS CONSULTATION

At the end of March, the UK Government published its long-awaited consultation on the further development of the UK ETS (the “Consultation“), indicating the future capacity and scope of the UK scheme. The UK ETS was launched on 1 January 2021 to replace Great Britain’s participation in the EU ETS after the end of the … Read more

EXPANDING THE UK EMISSIONS TRADING SCHEME TO COVER ESMISSIONS FROM WASTE

At the end of March, the UK Government published its long-awaited consultation (the “Consultation”) on the further development of the UK Emissions Trading Scheme (“UK ETS”) indicating the future capacity and scope of the UK scheme. The UK ETS was launched on 1 January 2021 to replace Great Britain’s participation in the EU ETS after … Read more

TNFD publishes beta version of Nature-related Risk & Opportunity Management and Disclosure Framework

The Taskforce on Nature-Related Financial Disclosures (TNFD) has published the first draft of its Nature-related Risk & Opportunity Management and Disclosure Framework (TNFD Framework); which, together with subsequent drafts, will be open to feedback from market participants for the next 18 months. The TNFD is aiming to publish a usable framework and set of recommendations … Read more

Getting to net zero in the energy sector: “practice makes cheap”

5 November 2021 was Climate Law and Policy day at COP 26 in Glasgow. I was lucky enough to speak on an expert panel hosted by the EBRD on “Reallocating International Capital and the Role of Law”. Wearing my McDonald Clan tartan tie, and beamed in via Zoom, I delivered an abridged version of the … Read more