Since 2001 the Climate Change group has brought together experts in energy and resources, renewable energy, taxation, insurance, environment and planning, regulated markets and financial services to advise some of Australia's largest corporations, as well as Australian governments, departments and agencies on climate change law, including emerging clean technology, carbon markets and renewable energy.
Our lawyers are at the forefront of legal developments in this rapidly changing area of law – we've:
- appeared frequently at major international and domestic carbon market forums;
- had the only Australian lawyer on the ISDA Energy and Commodities Committee, which drafted the ISDA standard Greenhouse Carbon Trading Permit contract and derivatives for Australia; and
- advised the Australian Department of Climate Change on the design and implementation of Australia's emissions trading scheme, the Carbon Pollution Reduction Scheme.
- PLC Which Lawyer (2011): 'Recommended' in Environment: Climate Change Law
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As governments and business respond to climate change, we see a new range of markets, challenges and opportunities.
That’s why our Climate Change group works with clients to develop strategies domestically and internationally to minimise their risk – and maximise their opportunities.
Our experience includes advising a range of clients on:
- the establishment of managed investment schemes investing in green rights within the framework of existing and emerging regulatory regimes;
- the design of mandatory renewable energy and GHG abatement schemes;
- the structure of voluntary abatement projects, and accreditation under related Government schemes;
- amendments to rules in energy markets such as electricity and gas; and
- implications of the generation and trading of environmental credits under the Financial Services Reform Act.
Clayton Utz has also been appointed by the Australian Department of Climate Change to its Panel to advise on the design and implementation of Australia's emissions trading scheme, the Carbon Pollution Reduction Scheme.
We provide advice to government and corporate clients on current and emerging policy and regulation intended to:
- reduce the emission of greenhouse gases including through the use of market-based mechanisms
- increase sources of renewable energy
- encourage energy efficiency and emissions abatement projects
- adapt to predicted climate change impacts.
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