News: Energy & Climate

Current Business Matters - As the EU Phases in CBAM, the Idea of a U.S. Carbon Border Adjustment Gains Traction

As the EU moves forward with its Carbon Border Adjustment Mechanism (CBAM), the U.S. is increasingly exploring its own approach to address carbon emissions in international trade. Congressional initiatives are gaining momentum, with both Democrats and Republicans introducing bills to level the playing field, though their motivations differ.

Current Business Matters - Energy Permitting Reform in the U.S.

There is unprecedented momentum for the clean energy transition in both the European Union and the United States. While Europe and Germany have long prioritized the green transformation, the Biden Administration has been catching up with significant investments and major legislation. However, U.S.  business leaders and lawmakers alike are concerned that complex and time-consuming permitting processes for energy projects will bring the momentum to a halt. To maximize the impact of federal funds and accelerate the green transition they are calling for significant permitting reform. After many months of intense political debate, it appears they are making some headway.