Gustavo Bernal Torres
E.P.A. Describes How It Will Regulate Power Plants After Supreme Court Setback
Last week’s ruling took away a major tool for reducing greenhouse gas emissions. Many regulatory options still remain, but the path will...
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Gustavo Bernal Torres
- Jul 8, 2022
- 1 min
Europe's Battle Over "Green" Natural Gas
Russia's unprovoked invasion of Ukraine has set off a scramble in Europe to secure natural gas supplies ahead of next winter and for many...
Gustavo Bernal Torres
- Jun 10, 2022
- 1 min
MAS' Information Papers on Environmental Risk Management
The information papers on environmental risk management for banks, insurers and asset managers provide an overview of the progress made...
Gustavo Bernal Torres
- May 27, 2022
- 1 min
SEC Charges BNY Mellon Investment Adviser for Misstatements and Omissions on ESG Considerations
The SEC's ESG case suggests more enforcement is coming. The Securities and Exchange Commission today charged BNY Mellon Investment...
Gustavo Bernal Torres
- May 27, 2022
- 1 min
SEC Takes Aim at Greenwashing with New Proposals
The SEC has proposed two new ESG rules for asset managers. (1) A Names Rule that would require investment funds using Sustainability or...
Gustavo Bernal Torres
- May 20, 2022
- 1 min
EU Unveils $220bn Plan to Ditch Russian Energy
The measures include a mix of EU laws, non-binding recommendations to governments in the EU’s 27 member countries. Taken together,...
Gustavo Bernal Torres
- May 6, 2022
- 1 min
Texas Plans to Punish Companies That Move Away From Fossil Fuels
The state is going after banks that might be "selling the hope of a 'green' tomorrow." Bloomberg reported this week that Texas’s state...
Gustavo Bernal Torres
- Apr 8, 2022
- 1 min
Canada Introduces Mandatory Climate Disclosures for Banks, Insurance Companies Beginning 2024
The new reporting requirements mark the first step for the country towards a broader set of mandatory climate disclosures. The federal...
Gustavo Bernal Torres
- Apr 1, 2022
- 1 min
Weaning Europe Off Russian Energy Will Mean Making Changes
So far, little has been asked of citizens. What is startling is how little is being asked of Europeans. Even simple measures that might...
Gustavo Bernal Torres
- Mar 25, 2022
- 1 min
SEC Issues Long-Awaited Climate Disclosure Proposal
After a year of pre-proposal development, drama and general anticipation, the SEC voted to issue its proposed rules on climate...
Gustavo Bernal Torres
- Mar 18, 2022
- 1 min
EU Member States Agree to Impose Carbon Tax
The new measure will be applied to products imported into the European Union that do not meet EU climate standards in their production....
Gustavo Bernal Torres
- Mar 18, 2022
- 1 min
SEC Plans to Force Public Companies to Disclose Greenhouse Gas Emissions
From Coca-Cola to Tesla, companies report emissions in widely different ways. A new federal rule is expected to standardize climate...
Gustavo Bernal Torres
- Mar 10, 2022
- 1 min
EU to Consider Massive Joint Bond Sales to Fund Energy, Defense
The invasion has forced the bloc to rethink its most basic energy needs, as more than 40% of EU gas imports and one quarter of its oil...
Gustavo Bernal Torres
- Feb 25, 2022
- 1 min
India Plans To Produce 5 Mln Tonnes Of Green Hydrogen By 2030
The incentives announced are the first part of India's national hydrogen policy. India will set up separate manufacturing zones, waive...
Gustavo Bernal Torres
- Feb 25, 2022
- 1 min
Singapore's Carbon Tax Could Increase To $80 Per Tonne Of Emissions By 2030
The carbon tax hike will be done in phases to give businesses more certainty. The carbon tax rate in Singapore will be increased from the...
Gustavo Bernal Torres
- Feb 25, 2022
- 1 min
Russia Invades Ukraine and Europe Buys More Gas. Here’s Why
Russian gas imports became cheaper than spot prices in Europe. In the hours after the invasion of Ukraine, there were calls for Europe to...
Gustavo Bernal Torres
- Feb 25, 2022
- 1 min
The Economic Consequences of the War in Ukraine
Expect higher inflation, lower growth and some disruption to financial markets Start with the commodity shock. As well as being the...
Gustavo Bernal Torres
- Feb 18, 2022
- 1 min
Africa’s Fossil-Fuel Trap
A Response to “The Divestment Delusion” In August 2021, Nigerian Vice President Yemi Osinbajo bemoaned fossil fuel divestments,...
Gustavo Bernal Torres
- Feb 11, 2022
- 1 min
SEC Commissioners at Odds Over Climate Disclosures
At issue is how much environmental data companies can be forced to disclose before regulators put themselves in legal jeopardy. The...
Gustavo Bernal Torres
- Feb 4, 2022
- 1 min
California Senate Passes Bill for First Law in US Requiring Companies to Disclose all GHG Emissions
By a 23-7 vote, the California Senate has passed the Climate Corporate Accountability Act (CCAA), advancing the first law in the U.S....
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