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Practice Industry: Energy & Natural Resources, Environmental

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Arbitration Clauses – choose words carefully
Deacons, September 2021

The recent judgment in Kinli Civil Engineering Ltd v Geotech Engineering Ltd, HCA 2141/2020, is a reminder of the importance of choosing words carefully when drafting an arbitration clause, to ensure that it reflects the parties’ intentions as to how any disputes that may arise are to be resolved.      Background The proceedings were instituted by the Plaintiff (K) against the Defendant (G) for sums, said to be due under a contract between them (Contract)...

The drafts of the Operating Procedure for Electronic Market of the Auctions for the Transfer of Natural Gas Supply Volume and Transport Capacity (MECAP) and Operating Procedure for the Transfer of Information in the Natural Gas Market are published
Rodrigo, Elias & Medrano Abogados, September 2021

By Board Resolution Nº 368-2021-MINEM/DGH and Board Resolution Nº 369-2021-MINEM/DGH, published on September 21, 2021 in the Official Gazette “El Peruano”, the drafts of the “Operating Procedure for the electronic market of the auctions for the transfer of natural gas supply volume and/or transport capacity (MECAP)” (“MECAP Operating Procedure“) and of the “Operating Procedure for the Transfer of Information in the Natural Gas Market&rd

Planning for hydrogen - will the system be a help or a hindrance?
Shoosmiths LLP, September 2021

The UK government’s Hydrogen Strategy, published in August 2021, confirms that developing a thriving low carbon hydrogen sector in the UK is a key plank of the government’s plan to build back better with a cleaner, greener energy system...

Hydrogen – Producing the Future?
Shoosmiths LLP, September 2021

On 17 August 2021, the UK Government presented its Hydrogen Strategy (the “Strategy”) to Parliament. The 120-page document set out the Government’s ambition to develop a thriving hydrogen sector in the UK and to place it at the forefront of hydrogen technology. What does it say and how might hydrogen feature in the future? Throughout this article, we will be referring to different colours of hydrogen (primarily blue and green)...

Cambodia: Procedures and Implementation Guidelines for Checklist in Preparing the Initial Environmental and Social Impact Assessment Report
DFDL, September 2021

On 29 June 2021, the Ministry of the Environment (“MOE”) issued five new Prakas pursuant to Prakas No. 021 dated 3 February 2020 on the Classification of Environmental Impact Assessments (“EIA”) for Development Projects. These new Prakas determine the procedures and implementation guidelines for checklists used to prepare initial environmental and social impact assessment (“IEIA”) reports...

Maritime Industry Ready and Fit for 55 – Vol. 1: The Emission Trading System
Simonsen Vogt Wiig AS, September 2021

The Fit for 55-package To achieve EU’s Paris climate goals, the EU Commission presented in December 2019 the European Green Deal, including a commitment to reduce greenhouse gas emissions by at least 55% by 2030 (compared to 1990 levels) and become carbon neutral by 2050...

A Recent Ruling Involving Unlined Landfills Highlights the Pitfalls of Relying on Categorical Exemptions under CEQA
Hanson Bridgett LLP, September 2021

Key Points As litigation under the California Environmental Quality Act (CEQA) continues to drive lengthier and costlier environmental reviews, the use of "categorical exemptions" can provide a quick and efficient path towards CEQA compliance – but only if the exemption is legally sound and defensible. California's Fifth District Court of Appeal recently published Los Angeles Department of Water and Power v. County of Inyo (Cal. Ct. App., Aug. 17, 2021, No...

Integrating Climate Change Impact Assessments into the Environmental Impact Assessment Process
ENSafrica, September 2021

The Minister of the Department of Forestry, Fisheries and the Environment (“DFFE”) recently published a notice inviting consultation on her intention to publish a National Guideline for Consideration of Climate Change Implications in Applications for Environmental Authorisations, Atmospheric Emission Licences and Waste Management Licences (the “Guideline”)...

National Treasury Set to Limit Assessed Tax Losses: Agricultural and Mining Sectors Among those Industries to Bear the Brunt
ENSafrica, September 2021

  The National Treasury (“NT”’) published its draft Taxation Laws Amendment Bill with accompanying Explanatory Memorandum on 28 July 2021 (the “draft Bill”). By now it is well known that the draft Bill contains a fairly radical proposal: section 20 of the Income Tax Act, 1962 (“the Act”) will be amended to limit the amount of an assessed tax loss that may be set-off against taxable income...

Dramatic Changes proposed to Norway’s Petroleum Tax Regime
Simonsen Vogt Wiig AS, September 2021

Last night, only days ahead of a general election the minority Government in Norway is likely not to win, a proposal for dramatic changes to the upstream petroleum tax regime. It was announced at 18.00 hours Oslo time in a hastily called press conference by the Minister of Finance Mr Sanner (Conservative) and the Minister of Petroleum and Energy Ms Bru (Conservative)...

The Future of the Domestic Energy Supply Market
Shoosmiths LLP, September 2021

As consolidation in the domestic energy supply market continues, a new report has been commissioned by Shoosmiths and produced by Cornwall Insight. It considers what is driving the consolidation, whether this looks set to continue and the outlook for the market. Current situation At its peak in 2018, there were 62 suppliers of domestic energy in the UK market...

Climate-Related Risk Requirements for Fund Managers
Deacons, August 2021

Hong Kong’s Securities and Futures Commission (SFC) has announced details of requirements for fund managers to address climate change in their investment and risk management processes and make appropriate disclosures. Where are the requirements set out? On 20 August 2021, the SFC issued: Consultation Conclusions on the Management and Disclosure of Climate-related Risks by Fund Managers with amendments to the Fund Manager Code of Conduct (FMCC) set out in Appendix B and C...

An Introduction to the Government’s New Aquaculture Strategy
Simonsen Vogt Wiig AS, August 2021

The objectives in brief The Government would like to see the aquaculture industry grow, provided that it can do so in a sustainable manner. Statistics produced by the Directorate of Fisheries show that Norway produced and sold a total of just under 1.5 million tonnes of rainbow trout, trout and Atlantic salmon in 2020...

Ninth Circuit Upholds 'Significant Nexus' Test for Federal Permitting of Wetlands Projects
Hanson Bridgett LLP, August 2021

Key Points Ninth Circuit reaffirms the “significant nexus” test for determining whether filling certain wetlands in 2007 violates the Clean Water Act The narrower test for determining the Clean Water Act’s jurisdiction under the 2020 Navigable Waters Protection Rule did not apply since it postdated the 2007 filling of the wetlands...

Curtailments Ordered in the Delta Watershed
Buchalter, August 2021

Water Law On August 20, 2021, the Deputy Director of the Division of Water Rights (Deputy Director) of the State Water Resources Control Board (State Water Board) issued water curtailment orders for the remainder of August and for all of September to approximately 4,500 water right holders in the Sacramento-San Joaquin Delta watershed (Delta Watershed).  These curtailment orders affect post-1914, pre-1914, and riparian rights, though in different ways, as described further below...

Cross-Agency Steering Group announces next steps to advance Hong Kong’s green and sustainable finance strategy
Deacons, August 2021

The Green and Sustainable Finance Cross-Agency Steering Group co-chaired by the HKMA and the SFC (Steering Group) announced on 15 July 2021 the next steps to advance its strategy to bolster Hong Kong’s position as a leader in green and sustainable finance and help transition the financial ecosystem towards carbon neutrality...

Cleaning up Greenwashing – Why Businesses Should Pay Attention
Shepherd and Wedderburn LLP, August 2021

As we approach COP26 in Glasgow in November, a vast amount of policy development is underway to help develop the strategies we need to address the global climate crisis. A central challenge is changing consumer behaviour, which is a complex and multi-faceted issue.  It raises questions around affordability, such as changing heating systems, purchasing zero emissions vehicles and better insulating our homes...

The Green Road to Electric Vehicles – Is It Time for Fewer Carrots and more Sticks?
Shepherd and Wedderburn LLP, August 2021

“We have to hurry, we have to get faster in the fight against climate change.” Those were the words of Angela Merkel, the German Chancellor, after surveying the devastation caused by record floods in western Germany in early July. Private transport is one of the world’s biggest sources of greenhouse gases, with emissions rising every year, and the transition to electric vehicles is fundamental in the fight against climate change...

Emergency Regulations Allow Curtailments in the Delta Watershed
Buchalter, August 2021

Water Law Effective August 19, 2021, emergency regulations were approved for water curtailment orders and related reporting requirements in the Sacramento-San Joaquin Delta watershed, defined as Hydrologic Unit Code level 4 Sacramento and level 4 San Joaquin subregions (Delta Watershed), as shown in the map below...

Tokyo Olympics, The Greenest Games Ever?
ENSafrica, August 2021

The Tokyo Olympic Games have been dubbed the greenest Games to date. Despite some criticism levelled against the claims of their eco-friendly nature, it is notable that the Tokyo Olympics Organising Committee has made significant strides to minimise the Games’ carbon footprint...

AB 819 Modernizes CEQA Guidelines to Promote Access to Project Information Online
Hanson Bridgett LLP, August 2021

The cornerstone of the California Environmental Quality Act (CEQA) is access to information. CEQA generally requires local and state government agencies ("lead agencies") overseeing proposed projects to prepare project-related documents assessing potential environmental impacts. These documents inform decision-makers and the public of the project's potential environmental impacts...

Overview of the Environmental Impact Assessment in Thailand
Kudun and Partners, August 2021

In Thailand, each year, there are many projects developed by project developers, both governmental authorities and private entities. Before starting to develop a project, each project developer should not only be aware of commercial factors, but also be aware of the environmental factors of the project. One of the main environmental factors to be considered before starting the construction or operation of a project is the completion of an environmental impact assessment (“EIA“)...

Do You Import Products for Commercial Sale? Have You Heard About the ‘Forever Chemicals?’
Hunton Andrews Kurth LLP, August 2021

These two worlds are colliding. If any of the products you sell contain hidden ‘forever chemicals’ you will be subject to EPA’s new reporting rule. Per- and polyfluoroalkyl substances (PFAS) are known as the ‘forever chemicals’ due to their high persistence in the environment. There are over 1,300 different PFAS chemistries of varying shapes and sizes. Concerns exist regarding their impacts on human and environmental health...

ESG Considerations in M&A
Hunton Andrews Kurth LLP, August 2021

In a recent post (“Environmental, Social and Corporate Governance: What are the Risks, Really?”), we discussed the various risks, trending issues, and emerging concerns arising from environmental, social, and corporate governance factors (“ESG”). As noted previously, neglecting ESG considerations can result in a number of risks to a company, including risks associated with the reputational, financial, and legal impacts of handling ESG issues poorly...

How Solar Installers Can Protect Themselves From Ongoing Bans on Internationally Sourced Components
Bradley Arant Boult Cummings LLP, August 2021

Renewable energy is more popular than ever before. Regulators and ratepayers are demanding new or higher renewable portfolio standards, and investors are eager for opportunities with companies satisfying environmental, social and governance criteria. The energy transition is here, and the question is no longer if we will electrify, but how quickly. Significant challenges remain. As the U.S...

 

 

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