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SBTi Approves NG Bailey’s Climate Change Plan

Environment + Energy Leader

NG Bailey has pledged to cut greenhouse gas emissions by 50% by 2031 from sources it directly owns and manages as well as those it indirectly contributes to. Additionally, by 2027, it commits to ensuring that 75% of its suppliers have set their own science-based goals.

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Inside the IPCC 61st Plenary Meeting: Debates and Decisions Shaping Climate Policy

Union of Concerned Scientists

The call for authors for the Cities report will take place between August 9-September 20 of this year with expected final report review by the Panel in March 2027. The IPCC will issue a call for authors in the upcoming weeks with expected publication of the report in the second half of 2027.

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UK Government Announces New Import Carbon Pricing Mechanism

Clean Energy Law

Goods imported into the UK from countries with a lower or no carbon price will face a levy by 2027. The UK ETS puts a price on greenhouse gases emitted by domestic producers, through a “cap-and-trade” system, in which total carbon emissions and allowances under the scheme are capped. Davies , Michael D.

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U.S. sets stringent GHG standards for heavy-duty vehicles

Environmental News Bits

Environmental Protection Agency (EPA) has finalized the most stringent national greenhouse gas pollution standards for heavy-duty vehicles, including freight trucks and buses, for model years 2027 through 2032. sets stringent GHG standards for heavy-duty vehicles

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Mandatory Climate Reporting in Singapore From FY2025

Clean Energy Law

In addition, a review will be conducted by ACRA around 2027 to consider if mandatory CRD should be extended to other non-listed companies. Latham & Watkins will continue to monitor developments in this area. [i]

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EPA’s Final 2027-2032 Truck Rule Risks Leaving Communities Behind

Union of Concerned Scientists

The Environmental Protection Agency (EPA) just finalized its Phase 3 greenhouse gas regulation as a part of the administration’s plan to decarbonize the transportation sector. The Phase 3 regulation will cut new greenhouse gas emissions from trucks in 2032 by 32 to 62 percent for vocational trucks (e.g.,

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Oil Companies Plan to Take the Road Already Traveled

Union of Concerned Scientists

ExxonMobil’s reduction pledges do not take Scope 3 emissions into account, and the company’s leadership takes issue with the Greenhouse Gas Protocol’s approach to measuring emissions, as described below. Studies show Scope 3 emissions account for roughly 85% of oil and gas emissions. billion per year.