Countries and economic regions are rapidly adjusting their policies in line with the Paris Agreement and subsequent COPs held thereafter. As lawyers and counselors for companies across industries, we should anticipate how potential regulations will be put in place, in order to advice our clients accordingly. As of 2026, for example, the European Union will implement schemes of “carbon tariffs” for products imported from countries that have weak or nonexistent climate policies (such as Emissions Trading Systems or Carbon Taxes). This may also impact in the current supply of hydrocarbon-based fuels for the region. On the other hand, the recent Anti-inflation package in the US is accelerating the phase out of gasoline fueled cars, as well as requiring important increases in the provision of renewable energies. This in turn implies key legislative and regulatory amendments from their strategic partners (including Canada and Mexico).