Senate turns attention to cap-and-trade
The US House of Representatives passed the American Clean Energy and Security (ACES) Act on June 26, which sets a requirement for a 17% reduction in carbon emissions from major US sources by 2020, compared to 2005 levels and an 83% reduction by 2050. The targets will be achieved through a cap-and-trade system that would impose a limit on carbon emissions but allow emitters to trade allowances. The bill also requires electric utilities to meet 20% of demand through renewable energy sources and
More on Regulation
Esma sounds out industry for ways to cut reporting burden
Markets watchdog asks consultative groups for ideas to simplify reporting rules
Why EU banks have snubbed revised green finance metric
Banks steer clear of Banking Book Taxonomy Alignment Ratio in droves
Ruled out: can regulators settle the pre-hedging debate?
Market participants are at odds over the practice and whether regulation or principles can settle the score
First green asset ratios come in low as EU banks protest methodology
ABN Amro only bank to break double digits in a sample of 23 lenders
Commodities surge presents UMR test for Asia’s sell side
Increased interest in commodity exotics comes amid scrutiny of margin calculation models
Some see Esma reining in position limits after review
The scope of position limits could shrink to cover just the major benchmarks, one executive argues
Burden of implementing US sanctions now firmly on energy firms
Energy firms must now screen operations of every vessel they deal with, writes maritime data expert
Shipping and energy firms revisit hedging on IMO 2020
Upcoming shipping rules set to impact fuel prices across the energy complex
