Marc Goldgrub
COP29 in 10 Points

Few success stories came out of this year’s COP. Nevertheless, we’ve compiled COP29’s five (very modest) achievements and five of its most notable failures.

COP29 in 10 Points
Marc Goldgrub
Shell Wins Appeal in Landmark Climate Case

On November 12, 2024, the Hague Appeals Court overturned a landmark 2021 decision ordering oil giant Shell to reduce its greenhouse gas emissions 45% from 2019 levels by 2030.

Shell Wins Appeal in Landmark Climate Case
Marc Goldgrub
Ontario Youth Climate Activists Win Mathur ...

On October 17, 2024, Ontario’s Court of Appeal sided with a group of young climate activists in its Mathur v Ontario decision, reviving a case against the province which was previously dismissed in April 2023.

Ontario Youth Climate Activists Win Mathur Appeal
Marc Goldgrub
Canada Announces Green Taxonomy and Climate ...

On October 9, 2024, the Canadian government announced that it will establish a “Made-in-Canada” sustainable investing taxonomy, and institute mandatory climate disclosure requirements for large, federally-incorporated private companies.

Canada Announces Green Taxonomy and Climate Disclosures Rules for Federal Corporations
Marc Goldgrub
Canada Passes Sustainable Jobs Act

The legislation’s goal is to support workers and communities by creating high-quality, socially-responsible (and preferably unionized) jobs, as part of the transition away from fossil fuels.

Canada Passes Sustainable Jobs Act

carbon border adjustments

European Ministers Support EU Carbon Border Adjustment Regulation

European Ministers Support EU Carbon Border Adjustment Regulation

On Tuesday, the Council of the European Union supported a “general approach” to advance a proposed EU carbon border adjustment mechanism to a vote in the European Parliament. The Council’s vote backs the proposed regulation’s framework, but leaves some details to further deliberation.

EU Lawmakers Advance Carbon Border Adjustments Resolution

EU Lawmakers Advance Carbon Border Adjustments Resolution

If implemented, EU carbon border adjustments would place a duty on imports from jurisdictions lacking a sufficient price on carbon emissions. This would protect European industries subject to the bloc’s carbon pricing system from competition with producers in countries with weaker environmental laws, as well as ‘leakage’, wherein businesses relocate operations to environmentally lax jurisdictions to increase cost competitiveness (i.e., ‘offshoring pollution’).