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How the US Is Running Away with Green Investment

Chris Hall

In the race to net zero, Victoria Judd, Counsel at Pillsbury Winthrop Shaw Pittman, explains how the US is lapping the UK and EU in stimulating its green economy. The UK, meanwhile, is trailing behind in terms of green investment. A good example of this is sustainable aviation fuels (SAFs) investment.

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More Than a Pipe Dream?

Chris Hall

Green hydrogen has huge potential and multiple use cases, but cost concerns and operational risks linger. The world’s net zero future depends on introducing and upscaling clean technologies to neutralise and/or replace the hardest-to-abate CO2 emissions produced by carbon-intensive industries. achieve net zero by 2050.

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Assembling the Pieces of the Carbon Pricing Puzzle

Chris Hall

Carbon pricing has long been thought of as one of the most effective ways to migrate economies away from fossil fuel dependence to achieve net zero and limit global warming to 1.5°C. Shipping companies can also expect to gradually fall under the ETS, with 40% of their emissions covered from 2024, 70% by 2025 and 100% by 2026. .

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Social Safeguards “Critical” to EU Taxonomy

Chris Hall

The European Commission tasked the Platform on Sustainable Finance (PSF) with drafting minimum safeguards under Article 18 of the Taxonomy Regulation to prevent green investments from being labelled as ‘sustainable’ if they contribute negatively to selected social and governance themes. . Listed SMEs have until 2026. .

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Legislative Carrot Feeds US Climate Transition

Chris Hall

Despite causing short-term supply issues, the IRA is set to have far-reaching implications for net zero transition strategies, domestically and globally. Further, from 2023, at least 40% of the raw minerals used in EV batteries must be sourced from North America, climbing to 80% from 2026. gigawatts (GW) by 2024.