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.
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.
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.
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.
The European Court of Human Rights delivered its long-awaited first ruling in the climate action case Verein KlimaSeniorinnen Schweiz v. Switzerland, finding that the European Convention on Human Rights encompasses the right to effective protection from adverse effects of climate change.
The European Union’s executive branch, the European Commission, last week unveiled its ‘Fit for 55’ climate plan: an ambitious set of policy and regulatory proposals aimed at lowering the bloc’s net emissions by “at least” 55% by 2030 compared to 1990 levels. In this piece, we’ve put together an overview of the plan’s principal components.
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’).
On July 31st, Ireland’s Supreme Court held that the Irish government’s current climate plan failed to meet the requirements set out in the statutory Climate Action and Low Carbon Development Act of 2015. The ruling will require the government to (a) revise its plan to realise greater near-term emission reductions, and (b) better specify how Ireland will achieve the Act’s long-term objective of net zero carbon emissions by 2050.
