Our experience includes:
- involvement in the development and implementation of the EU Emissions Trading Scheme (ETS), including advice on the legal issues that can arise from allocation of allowances via national allocation plans;
- advising on achieving and creating value from emission reductions, whether as a result of own action or through contractual arrangements with third parties – we are currently advising on the acquisition of project credits generated via the Kyoto Protocol mechanisms and on the issues that arise as a consequence of investing in these, as well as advising on the establishment of carbon funds;
- advising on carbon storage and sequestration (CCS) – we are instructed to advise the UK Department for Business, Enterprise and Regulatory Reform on its competition for a commercial scale CCS system that will capture at least 90 per cent of the carbon dioxide emissions from a coal-fired power station of at least 300 megawatt (MW) capacity and transport it for storage under the seabed;
- advising on various aspects of the UK’s recently announced nuclear new-build programme;
- advising on refinancing, strategic equity investment and conducting due diligence on several renewable energy portfolios; and
- drafting and negotiating infrastructure, power generation and operating and maintenance contracts for renewable energy projects.
We are also monitoring the development of US climate change litigation, where a range of claimants are pursuing legal action regarding the causes, regulation and effects of climate change.
Extending the EU ETS
Implications for the EU chemicals industry.
Read the brochureBriefings
Low C View
European Commission proposes a new CO2 tax and an amended energy tax View
