September 26, 2021

Volume XI, Number 269

Advertisement

September 24, 2021

Subscribe to Latest Legal News and Analysis

September 23, 2021

Subscribe to Latest Legal News and Analysis
Advertisement

Latest EU Efforts on Climate Change Demonstrate Broader Risks to Business

Today, the EU released a plan to combat climate change through reducing emissions.  Significantly, key elements of this plan include increasing the costs on businesses whose activities contribute to climate change, even when those businesses operate outside the geographic confines of the European Union.  Although only businesses that directly interact with the EU will be subject to these regulations, the size and reach of the EU's economy suggest that these regulations will be far-reaching indeed.  

Climate change represents a global threat, and measures adopted by governments to address this issue may extend far beyond the typical geographic limits of regulation.  It is important for businesses to consider these regulatory implications during evaluation of investments and activities in the future. 

"Another central but contentious proposal is a carbon border-adjustment tax that will target goods produced outside the bloc, so that European companies bearing the cost of decarbonization are not disadvantaged by cheaper imports from companies that do not."

©1994-2021 Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. All Rights Reserved.National Law Review, Volume XI, Number 195
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement

About this Author

Jacob Hupart Commercial Attorney Litigation Mintz Levin Cohn Ferris Glovsky and Popeo PC
Member

Jacob has a multifaceted litigation practice that encompasses complex commercial litigation, including cases involving securities, employment, and environmental claims, as well as class action litigation, white-collar criminal defense, and regulatory investigations. He has extensive experience handling all phases of litigation before federal and state courts, managing discovery, and conducting settlement negotiations. Jacob has represented clients in a variety of industries, including financial services, energy, education, and the media.

Prior to joining Mintz, he was an associate...

212-692-6203
Advertisement
Advertisement
Advertisement