COP31 Countdown: EU De-carbonization Subsidies Take Effect | ESG Daily Report, August 17

Original link: https://www.http://zjcsc.org/2026/0813/10375.htmlhttps://www.http://zjcsc.org/2026/0813/10375.html; epa.gov.lr/teddy-p-tayl...https://epa.gov.lr/teddy-p-taylor-joins-african-climate-negotiators-in-accra-ghana-as-cop31-countdown-begins; https://http://islandsbusiness.com/pacnews/pacnews-three-12-august-2026https://http://islandsbusiness.com/pacnews/pacnews-three-12-august-2026 EU Subsidies EU Approves €5 Billion Industrial Decarbonization Carbon Contract-for-Difference (CfD) Subsidy Release Date: August 2026 (Week 33) Key Content: The EU has approved a €5 billion scheme to support industrial sectors in replacing fossil fuels with low-carbon alternatives via carbon Contracts-for-Difference (CfDs). Projects must achieve at least 50% emissions reduction within four years and 85% within fifteen years, covering ETS-covered industries including steel, chemicals, cement, glass, and paper. Germany concurrently mobilized 180 experts to accelerate deployment of carbon removal technologies—including DACCS, CCS, CCU, and hydrogen. Business Value: Chinese enterprises operating manufacturing facilities in Europe may explore subsidy opportunities for low-carbon technologies, leverage CfDs to lower decarbonization investment costs, and strengthen carbon competitiveness for exports to the EU. Original link: https://www.http://carboncreditmarkets.com/en/single-post/33rd-week-ccm-2026-carbon-capture-brazil-germany-and-eu-innovate-itmos-carbon-markets-and-derihttps://www.http://carboncreditmarkets.com/en/single-post/33rd-week-ccm-2026-carbon-capture-brazil-germany-and-eu-innovate-itmos-carbon-markets-and-deri U.S. Litigation U.S. Supreme Court to Hear Fossil Fuel Climate Damages Lawsuit Release Date: August 2026 (to be heard in the upcoming term) Key Content: The U.S. Supreme Court announced it will hear, during its upcoming term, a landmark climate litigation case examining whether states may pursue claims under state law against fossil fuel companies for climate-related damages. Concurrently, the Ninth Circuit Court ruled that the EPA overstepped its authority by creating a feasibility exemption in California’s San Joaquin Valley air quality plan—continuing the judicial trend of narrowing administrative agencies’ interpretive discretion on environmental matters.

Four Major U.S. Climate Litigation Cases in 2022 — A Quick Overview

Source: Chai & Associates Law Firm Introduction In 2022, the U.S. court system will confront several major climate litigation cases. Among them, the U.S. Supreme Court may redefine the scope of the Clean Air Act (CAA)—America’s most important statute for regulating greenhouse gas emissions. Meanwhile, lower courts will adjudicate multiple cases seeking to hold fossil fuel companies legally accountable—and liable for damages—for their contributions to climate change. In recent years, climate litigation has increasingly emerged as a strategic tool to compel governmental and corporate action on climate change, drawing growing public attention. In 2022, the U.S. judiciary is set to hear several pivotal climate cases. Notably, the Supreme Court may reinterpret the reach of the Clean Air Act (CAA), while lower courts will consider lawsuits demanding that fossil fuel companies assume responsibility—and pay compensation—for climate impacts. The outcomes of these cases are certain to exert profound influence on future climate litigation. Below are the four most consequential climate litigation cases likely to unfold in U.S. courts in 2022. Case One: West Virginia et al. v. Environmental Protection Agency et al. The U.S. Supreme Court agreed in October 2020 to hear a petition filed by coal producers and the State of West Virginia, along with other states, seeking to limit the federal government’s authority to regulate greenhouse gas emissions from power plants under the landmark Clean Air Act (CAA). Twenty Republican attorneys general and governors behind the case contend that Congress never expressly authorized the Environmental Protection Agency (EPA) to exercise “unbounded” regulatory power over greenhouse gases under the CAA. Should the Supreme Court justices narrow the EPA’s authority under the Act, it would severely impede the federal government’s ability to promulgate new and more stringent emission-reduction regulations. The Supreme Court will hear oral arguments in this case on February 28 and is expected to issue its ruling by late June. Case Two: Mayor and City Council of Baltimore v. BP P.L.C. The U.S. Court of Appeals for the Fourth Circuit will hold oral arguments in January on Baltimore’s lawsuit seeking monetary damages from BP PLC and other energy companies for costs allegedly incurred due to climate change. The arguments will center on a procedural question: whether the case belongs in federal or state court. Baltimore—and a handful of other plaintiffs in similar suits—are striving to keep their cases in state courts, which they perceive as more plaintiff-friendly. In this case, Baltimore alleges that approximately two dozen fossil fuel companies knowingly contributed to climate change.

Supreme Court Grapples With Climate Suits Against Oil Companies

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The US Supreme Court heard arguments on climate change lawsuits targeting oil giants like Exxon Mobil and Suncor Energy. A justice's recusal risks a 4-4 split, potentially upholding a state ruling without establishing a nationwide precedent.

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Supreme Court Grapples With Climate Suits Against Oil Companies

Supreme Court Grapples With Climate Suits Against Oil Companies

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