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Recent years have seen an increased awareness of sustainability
issues by governments, international organisations, financial
institutions, investors and consumers, also affecting the maritime
sector.
Introduction
Shipping is the lifeblood of the global economy, responsible for
the carriage of more than 80% of world trade. While carriage of
goods by sea is more carbon efficient than carriage by trucks or
planes, the combined shipping industry could make the 6th place if
added to the list of the world s biggest greenhouse gas (GHG)
emitting countries. The Third IMO GHG Study of 2014 has predicted
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The EU is aiming to be climate neutral by 2050, which will
require climate action from us all. Banks in Finland have taken a
step in that direction by launching the first environmentally
friendly green mortgages onto the Finnish market. How will this new
product effect the future of the mortgage market?
ENERGY EFFICIENT LIVING REWARDED WITH LOWER INTEREST
The goal of the Energy Efficient Mortgages Action Plan
(EeMAP) funded by the EU is to develop a green mortgage
for the European markets in order to encourage energy efficiency.
Part 2
Without question, the top story over the last year has been the
COVID-19 pandemic and its tremendous ongoing effects felt across
Canada and the world.
This time has had a significant impact on Canada s energy
industry and many of the changes and developments that took place
in 2020 will continue to influence trends, business decisions and
the future growth of Canada s energy industry in 2021.
As we look back at 2020, we have highlighted the Top 20 industry
developments and decisions made throughout the year in four key
areas: Judicial decisions, regulatory decisions, legislative and
policy developments, and transactions and trends.
In this article, we analyze
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On Feb. 1, 2021, the Province of British Columbia brought new
obligations for identifying and addressing contaminated sites
through amendments to the
Contaminated Sites Regulation (the
Regulation) into force.
What you need to know
The legislation establishes the
process for identifying potentially contaminated sites and ensuring
that such sites are investigated and remediated as needed after
they have been decommissioned, where operations have ceased, or
before re-use or redevelopment.
B.C. has stated that the amendments
to the EMA and Regulation are needed to address weaknesses and gaps
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Matheson recently acted as Irish legal counsel to project
sponsors Hanwha Energy Corporation and Lumcloon Energy on their
design, permitting, development and financing of two 100MW Battery
Energy Storage Systems ( BESS ) in Lumcloon and
Shannonbridge in County Offaly. These BESS projects (at 200MW
in total) are the largest of their kind in Ireland and one of the
largest in Europe.
The BESS projects provide essential support for Ireland s
transition to renewable electricity by using cutting-edge energy
storage technology to mitigate the intermittency of electricity