Search results

Ofwat publishes PR24 Draft Determinations 1. Introduction 1.1 On 11 July Ofwat published its Draft Determinations under Price Review 2024 (PR24), following a delay to the original timetable as a result of the UK General Election on 4 July 2024. 1.2 Draft Determinations are the first public indica... Regulatory Barriers to a European Market for CO2 transport by ship The European Commission’s ambitious recommendations to dramatically reduce the EU’s net greenhouse gas emissions by 90 per cent by 2040, published last week, foreshadow new regulatory measures to establish a European carbon dioxide (CO2) transport and st... UK Energy and Infrastructure: Reviewing Conservative and Labour manifestos The UK General Election on 4 July 2024 takes place in the broader context of heightened geopolitical tensions and inflationary pressures, with energy security, net zero targets, and economic growth remaining key concerns on both the national and internati... Same stripes or different spots? The UK Government consults on a carbon border adjustment mechanism Following a previous consultation by HM Treasury and the Department for Energy Security and Net Zero and a series of “Powering-up Britain” publications (the “2023 Consultation”), the UK government announced that it would introduce a Carbon Border Adjustme... COP28: Impacts for business The 28th Conference of the Parties to the UN's Framework Convention on Climate Change (COP28) drew to a late close last week following last minute negotiations over the headline text from the negotiations, the Global Stocktake Text (GST). Below, we summa... Manifesto commitments: Potential impact on UK Energy and Infrastructure The UK General Election on 4 July 2024 takes place in the broader context of heightened geopolitical tensions and inflationary pressures, with energy security, net zero targets, and economic growth remaining key concerns on both the national and internati... Tax and the energy sector The energy sector has in recent times been one of the more tumultuous in terms of fiscal policy, with political headwinds arising both from the immediate crisis of spiralling energy costs and the longer-term objectives of decarbonisation and net zero. Thr... UK Supreme Court delivers landmark decision on downstream (Scope 3) emissions – R(Finch) v Surrey County Council In a landmark climate decision, the UK Supreme Court has found, by a majority, that downstream greenhouse gas (GHG) emissions (also known as Scope 3 emissions) that would ultimately arise from combustion of refined oil products should have been considered... Digital Infrastructure - Looking Back, Looking Ahead Digital infrastructure continues to attract record levels of investment and regulatory scrutiny. In the below link, we take a brief look back at some of the key themes and trends that we saw shaping the sector from our work in 2023, and share our thoughts... Horizon Scanning: Energy Transition It is estimated that the global net zero economy requires an average of US$3.4 trillion capital investment a year to 2050 to hold global warming at 1.5°C. This represents an enormous opportunity for sponsors, lenders, and corporates alike. Solutions go be...