On Feb. 17, U.K. private equity firm Actis announced a $1.9 billion joint venture with energy developer Mainstream Renewable Power to build a series of wind and solar projects throughout Africa over the next three years. Read more on Greenberg Traurig’s new “Doing Business in Africa” blog. … Continue Reading
Investor state dispute settlement (“ISDS”) clauses in bilateral and regional investment treaties enable foreign corporations to sue a host country regarding regulations, policies, or court decisions. ISDS clauses were originally included in trade agreements and investment treaties in order to protect businesses that invest in foreign jurisdictions where legal and political systems are not robust. … Continue Reading
from the GT Climate Change Group You may have read in the press that President Obama and Chinese President Xi Jinping jointly announced an agreement on greenhouse gas emission reduction goals and other climate change measures. The U.S.-China Joint Announcement on Climate Change and an accompanying fact sheet have been released by the White House. This perhaps breaks the rhetorical logjam of discomfort among … Continue Reading
Cross-border renewable energy development is a rapidly growing share of the more than $200 billion per year renewable energy industry. Balancing the interests of investors seeking regulatory certainty with the interests of states in environmental protection is a significant source of potential conflict. In a joint publication by two committees in the ABA Section of Environment, … Continue Reading
By Adam Silverman. In part II of our Air Update we address the following recent developments related to the regulation of greenhouse gases: Massachusetts became the ninth—and most recent—state to adopt stricter air standards under the RGGI. We wrote about New York’s adaptation earlier this year. European Parliament froze the number of pollution allowances in … Continue Reading
From Marc Davies, Greenberg Traurig Philadelphia, and Jennifer Tomsen, Greenberg Traurig Houston Asian nations hold almost a quarter of the world’s technically recoverable shale gas reserves, and are pushing to develop those resources. However, the race to develop shale gas in Asia, which some have likened to a gold rush, has begun to feel more … Continue Reading
The UK Bribery Act 2010 has implications for US companies conducting business in the United Kingdom.
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