This Week's Climate Policy Update - Environmental Law - United ... - Mondaq News Alerts
This Week's Climate Policy Update - Environmental Law - United States
The House is slated to consider key pieces of appropriations legislation this week that target the Securities and Exchange Commission's (SEC) climate rulemaking. On the state level, a Pennsylvania court ruled that former Gov. Tom Wolf's (D-PA) effort to join the Regional Greenhouse Gas Initiative (RGGI) was unlawful. However, Washington State's Department of Ecology recommended linkage with California and Quebec's carbon cap-and-trade schemes. Finally, a United Nations (UN) special committee resolved that the World Bank oversee a loss and damage fund.
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Related Knowledge Center: Climate legislation
The federal government and states are in the process of implementing two laws — the Infrastructure Investment and Jobs Act and the Inflation Reduction Act — an investment of more than a trillion dollars to address climate change.