Securities Law, Environmental Law, International Law & Trade

The making of Emissions Trading laws – understanding the EU legislative process

by Peter Zaman | Reed Smith on 5/9/2013

Introduction - Unlike most traded commodity markets, the market for trading carbon credits or emissions allowances in the EU is not one based on its utility, usage or consumption. A carbon credit is not used in...more

Baker & McKenzie: Korea's emission trading scheme receives cabinet approval

by Baker & McKenzie Australia on 11/26/2012

The Presidential Decree implementing the Republic of Korea's emissions trading scheme (ETS) received official approval on 13 November 2012, paving the way for the commencement of the ETS in 2015. The ETS represents an...more

Baker & McKenzie: Superannuation Trustees and Climate Change Report

by Baker & McKenzie Australia on 11/1/2012

In This Publication: - Preface ii - Executive summary 1 - Introduction 3 - The legal landscape 7 -- Climate change risk and opportunity 7 -- Access to Information 15 -- The Governance of...more

AB 32 and GHG Market and Auction Basics

by Reed Smith on 10/4/2012

On August 30, 2012, the California Air Resources Board (CARB) and about 150 market participants held a test auction for the purchase and sale of California carbon allowances (CCAs). The California state legislature passed...more

Outlook for Institutional Investors in Renewables

by Orrick, Herrington & Sutcliffe LLP on 9/18/2012

This article originally appeared in the September 3, 2012 edition of Power Finance & Risk. Participation in renewable energy projects by institutional investors has been increasing over the last few years, particularly...more

Rescued Down Under: The Linking of the EU ETS with the Australian CPM

by Reed Smith on 9/11/2012

Amid the recent frustrations of the carbon markets, on the 28th August 2012 arrived the exciting announcement of the intention of the EU Emissions Trading Scheme (the “EU ETS”) to link with the Australian Carbon Price...more

Baker & McKenzie: Carbon Price Mechanism – Linking with EU ETS

by Baker & McKenzie Australia on 8/31/2012

The Australian Government today announced that it would implement a one-way link between Australia’s Carbon Price Mechanism (CPM) and the European Union Emissions Trading Scheme (EU ETS) from 1 July 2015. The Australian...more

The notion of energy security in the European Union

by Remigiusz Rosicki on 8/29/2012

In the case of the European Union there is a special notion of energy security, which comprises a number of elements. Energy security is frequently represented as part of energy policy, but we often deal with an overlap of...more

High Court of England and Wales Rules Emissions Allowances to be Treated as Property

by McDermott Will & Emery on 2/13/2012

Following a decision of the High Court of England and Wales in Armstrong DLW GmbH v Winnington Network Ltd [2012] EWHC 10 (Ch) the legal status of European Union Allowances (EUAs) traded under the EU Emissions Trading...more

Emissions Trading: Bulgaria gets the Boot!

by Reed Smith on 6/30/2010

Greenhouse gas emissions trading ("Emissions Trading") has been in the news frequently over the past few months and the developing market continues to face numerous regulatory and commercial challenges during 2010. The way in...more

Israel Practice News, Fall 2007

by Morrison & Foerster LLP on 10/23/2007

Israel Practice News, Fall 2007 Morrison & Foerster continues to lead international law firms in representing Israeli companies in mergers & acquisitions, public offerings, intellectual property protection, litigation,...more