Chapter News

European Commission | EU Leads Global Initiative at COP28 to Triple Renewable Energy Capacity and Double Energy Efficiency Measures by 2030

At the World Climate Action Summit in Dubai today, President Ursula von der Leyen launched the Global Pledge on Renewables and Energy Efficiency together with the COP28 Presidency and 118 countries. This initiative, first proposed by the Commission President at the Major Economies Forum in April, sets global targets to triple the installed capacity of renewable energy to at least 11 terawatts (TW) and to double the rate of global energy efficiency improvements from roughly 2% to an annual figure of...

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Chapter News

European Commission | EU announces €175m Financial Support to Reduce Methane Emissions at COP28

Climate super-pollutants - including methane, nitrous oxide, hydrofluorocarbons, and tropospheric ozone - are responsible for over half of today's warming.  Under the Global Methane Pledge, launched by the EU and the US, more than 150 countries are now  implementing a collective goal of reducing global anthropogenic methane emissions by at least 30% by 2030, from 2020 levels. This global initiative will help to keep the Paris Agreement objective of limiting warming to 1.5 degrees Celsius within reach. President of the...

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Chapter News

EU Commission President advances global cooperation on carbon pricing in high-level event at COP28

Commission President Ursula von der Leyen today hosted a high-level event at COP28 to promote the development of carbon pricing and carbon markets, as powerful instruments to reach the Paris Agreement objectives. It builds on the Call to Action for Paris-aligned Carbon Markets that the European Commission, Spain and France launched in June 2023. President of the European Commission, Ursula von der Leyen said today: “Carbon pricing is thecentrepiece of the European Green Deal. In the European Union, if you...

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Member News

Vulcan Consulting | Vulcan View – The latest EU developments (Nov 27 – Dec 1)

EU co-legislators reach agreement on gas market reform This week, Members of the European Parliament and the Spanish Presidency of the Council of the EU reached a provisional deal on the ongoing reform of the EU’s gas market. The main objectives of the new reform are to address climate change and energy security. It aims to help decarbonise the EU by supporting increasing renewable gas and hydrogen production and integrating them into the EU's energy networks. It will also help secure the energy...

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Member News

CliftonLarsonAllen (CLA) | Tech Companies Should Plan Now for Section 174 capitalization for Tax Year 2023 and Beyond

This time last year there was optimism that a 2022 year-end fix would be passed by Congress and Section 174 research capitalization would be deferred or eliminated altogether. Instead, Congress failed to act and tax year 2022 proved to be one of the most challenging for taxpayers subject to Section 174. Aside from the increases to taxable income that plagued taxpayers, the glaring lack of guidance under Section 174’s new capitalization regime made navigating the law change exceedingly difficult. In...

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Member News

Jaguar Freight | The Weekly Roar

In this week’s Roar: a new Office of Multimodal Freight Infrastructure, confused shippers in the EU, air operators flying high, a shrinking pool of container boxes, and benchmark diesel prices continue to fall. Cyber Monday brought some upgrades to the Department of Transportation—a new Office of Multimodal Freight Infrastructure and Policy. With $2m in funding for the current fiscal year and a request for $7.3m for the next, the aim is to maintain and improve U.S. supply chains. Announced by...

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Member News, New York Related News

Littler Mendelson | New York Enacts Greater Restrictions on Release Agreements Involving Claims of Discrimination, Harassment, or Retaliation

On November 17, 2023, the New York governor signed into law S4516, which amends Section 5-336 of the New York General Obligations Law to restrict certain terms from being included in release agreements involving claims of discrimination, harassment, or retaliation. The amendments went into effect immediately and apply to agreements entered into on or after the effective date. Section 5-336 is one of the original #MeToo statutes. It was intended to limit the use of confidentiality agreements that prevent victims...

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Member News

AlixPartners | Plan vs. reality: Strengthening Defenses in the Cyber Arena

Mike Tyson famously quipped, "Everyone has a plan until they get punched in the mouth," highlighting the stark difference between theory and reality. This rings especially true in today's digital battleground, where companies are learning the hard way. The surge in cyberattacks isn't just a fleeting concern; it's a knock-out blow to unprepared systems. According to the Hiscox Cyber Readiness Report, over half of the 5,000+ companies surveyed in 2023 have already felt this punch, facing one or more...

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Member News

Mason Hayes & Curran | IP Protection and Enforcement – Key Emerging Issues in 2024

The past 12 months have seen some interesting developments in several distinct areas of intellectual property law. Among the most important developments were emerging trade mark protection issues for well-known literary characters coming out of copyright. There was also a surge of trade mark litigation regarding the area of copycat advertising and packaging. We look back on some popular insights from our award-winning Intellectual Property team on these developments. Lidl and Tesco Caught in a Vicious Circle One of the biggest developments of...

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Chapter News

IMF | Climate Change Mitigation and Policy Spillovers in the EU’s Immediate Neighborhood

The EU has been a global pioneer in the transition to decarbonize its economy and its immediate neighbors (EUN), namely, Albania, Bosnia and Herzegovina, Kosovo,  Moldova, Montenegro, North Macedonia, Serbia, and Türkiye, which are heavily integrated with and reliant on the bloc through economic, financial and FDI and technology channels are likely to be significantly affected by such a transition. More immediately, the question whether the EU’s carbon border adjustment (CBAM)—an import tax on carbon intensive imports—will affect its...

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