The Climate Solutions Now Act of 2022 through these GHG emission regulations will undoubtedly shape the state's trajectory by decarbonizing the economy.… Continue Reading
This is a significant setback for state and local governments across the country seeking to ban natural gas, directly, indirectly, or otherwise.… Continue Reading
Our clients and other stakeholders can use these results as they make their company plans for GHG emission measurement, disclosure, and reduction in 2023… Continue Reading
Maryland is on the cusp of being the first state in the country to authorize use of the new 2021 edition of the International Green Construction Code … Continue Reading
As we look back in this ‘year in review’ at our most read blog posts in 2022, at a time when many have emerged from 2 years of permacrisis to the highs of a future where ESG opportunities are accelerating. This blog is a microcosm of the issues we assist clients with daily in our … Continue Reading
Maryland has enacted the most rigorous state law in the country reducing greenhouse gas (GHG) emissions and otherwise addressing ESG stewardship including climate change. Businesses can and should treat this as the greatest responsibility and opportunity of our time. Literally resetting the trajectory of Maryland’s economy, making sweeping changes to the Old Line State’s already … Continue Reading
Much has been written in the media about the just concluded UN Climate Conference (COP27) in Sharm el-Sheikh, most of it focusing on the agreement to agree on reparations or more correctly stated, on providing “loss and damage” funding in the future for vulnerable countries hit hard by climate disasters. But the biggest takeaway for … Continue Reading
The golden opportunity in ESG may be in concrete. Embodied carbon refers to the greenhouse gas emissions associated with materials’ manufacturing, transportation, installation, maintenance, and disposal. In a building, there is “upfront” embodied carbon in construction and then operational carbon largely from energy consumption. Embodied carbon is particularly important because it contributes more climate changing … Continue Reading
Scope 4 greenhouse gas emissions are not new. They date to 2013 when the Greenhouse Gas Protocol identified “avoided emissions” as emission reductions that occur outside of a product’s lifecycle or value chain, but as a result of the use of that product. It was actually a decade ago that the GHG Protocol released “a survey to … Continue Reading
On November 11, 2022, shortly after this blog was posted EPA proposed a rule to regulate emissions of methane. While the proposed rule is itself worthy of discussion, readers of this blog may be particularly interested in a key technical feature of the announcement, that EPA has introduced a new approach to estimating the social cost … Continue Reading
You are invited to join Stuart Kaplow and Nancy Hudes for a live webinar we are presenting this Tuesday, August 16 from 9 to 10 am EST that will provide you with all the information you need to reply to the question “Are You Ready to Measure and Report Your Building GHG Emissions?” Our webinar … Continue Reading
As governments enact mandatory greenhouse gas emission laws and as businesses voluntarily make “net zero” pledges, we are increasingly working with organizations, first to understand and calculate their GHG emissions, then to implement strategies for efficacious yet frictionless reductions. An example of what businesses are reacting to is Maryland’s new statutory mandate that buildings, commercial, … Continue Reading
In a decision that will rein in agency power across the federal government, the U.S. Supreme Court ruled today that Congress did not clearly authorize the EPA to adopt broad rules to reduce greenhouse gas emissions from electric utility power plants. Specifically, the high court held, “Congress did not grant EPA in Section 111(d) of … Continue Reading
On October 7, 2022, the U.S. Securities and Exchange Commission reopened the public comment periods, for 14 days from the day the notice is published in the Federal Register, for 11 of its rulemaking releases, some of them viewed as controversial including the rules discussed in this blog post, due to a technical glitch that … Continue Reading
With proposed federal regulation of greenhouse gas emissions by the Securities and Exchange Commission requiring GHG disclosure and new state statutes, including a new Maryland law that requires not only disclosure, but also a mandated reduction in GHG emissions, a greater appreciation of the subject of GHG appears in order. This short glossary is an … Continue Reading
On October 7, 2022, the U.S. Securities and Exchange Commission reopened the public comment periods, for 14 days from the day the notice is published in the Federal Register, for 11 of its rulemaking releases, some of them viewed as controversial including the rule discussed in this blog post, due to a technical glitch that … Continue Reading
With the federal government and state of Maryland each having announced within days of each other, the mandated disclosure of greenhouse gas (GHG) emissions, we have received, maybe not surprising, many calls in the last two weeks inquiring “what are GHGs?” and “what are Scope 3 GHG emissions (.. which are proposed to be a … Continue Reading