Comment and analysis by Reed Smith lawyers on the latest developments in Environmental Health & Safety
Action
On May 28, 2024, the U.S. Departments of Treasury, Agriculture, Energy, and White House representatives published a joint Policy Statement on voluntary carbon markets (VCMs). The Policy Statement sets out seven principles to guide engagement with VCMs, and the principles are designed to ensure that VCMs are effective, fair, and equitable, and instill market…
As we previously covered, California has been working towards the development of “green hydrogen,” i.e., hydrogen fuel produced by splitting water into hydrogen and oxygen using renewable electricity. Most stakeholders acknowledge that green hydrogen is a critical (but predominantly untapped) resource that offers many climate and energy benefits.[1] In a significant…
