Reed Smith lawyers from the firm’s global Energy and Natural Resources Group have authored a special January 2023 edition of Pratt’s Energy Law Report, published by LexisNexis. The new edition is written entirely by Reed Smith lawyers, who examine 2023’s most important energy transition topics.

The Energy Law Report offers updated and expanded versions of topics previously addressed in Reed Smith’s Energy Transition report from June 2022.

Editor Victoria Prussen Spears writes in her introduction to the new edition:

The energy landscape in the United States and around the world is rapidly changing. The United Nations Climate Change Conference in Glasgow, commonly referred to as COP26, set targets for decarbonizing the global economy. Russia’s invasion of Ukraine highlighted energy security as a major issue that all nations now need to address.

The concerns, problems and opportunities associated with energy transition may never have been more important—or more timely—than they are now. Given that, we are pleased to focus this entire January 2023 issue of Pratt’s Energy Law Report on energy transition.

Moreover, we have turned to energy law experts from one law firm—Reed Smith—for every article in this issue. The articles by Reed Smith attorneys described below and published here focus on some of the most important energy transition topics that governments and businesses across the globe are facing today.

Articles to be found in the January 2023 Energy Law Report include:

Taxing Carbon at the Border: Current State of Play

By Todd O. Maiden, Yves Melin, Wim Vandenberghe, Jin Woo Kim and Eric J. Schmoll

An examination of the Carbon Border Adjustment Mechanism and similar initiatives in the United States, Canada, the United Kingdom, South Korea and China, and what they mean for global businesses and the energy sector.

Scaling Up Carbon-Neutral Fossil Fuels Market: Voluntary Standards Versus Mandatory Regulation

By James E. Atkin

A look at recent efforts to create a global regulatory regime to regulate carbon-neutral fossil fuels and the challenges still ahead.