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Climate change litigation on the rise in Europe


Climate change litigation on the rise in Europe
Out-Law Analysis | 22 Jul 2021 | 1:16 pm |
5 min. read
The catastrophic impact of recent floods in Germany, The Netherlands, Belgium and Luxembourg will embolden activists who feel more needs to be done to address the risks of climate change.
Many activists have already gone to court in Europe to force governments and businesses to take more radical action to reduce their greenhouse gas emissions or pay damages. This trend is only likely to grow.
The admissibility of claims
In May 2021, the district court in The Hague ruled that Royal Dutch Shell (Shell) must cut its global carbon emissions by 45% relative to 2019 levels by 2030. ....

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Solar tariffs in France: The 2021 finance law and the renegotiation of power purchase agreements | White & Case LLP


Article 225 of finance law for 2021 dated 29 December 2020 (the
2021 Finance Law ) provides for the renegotiation of the feed-in tariffs of approximately 800 photovoltaic power purchase agreements (
PPAs ) concluded between 2006 and 2010.
This decision, motivated by the alleged excessive profitability of these PPAs, is yet to be specified in a decree. As it stands, it is causing concern in the sector and has given rise to controversy.
Adoption of a governmental amendment
Article 225 of the 2021 Finance Law provides for the reduction of the feed-in tariff under the PPAs entered into with certain producers. The text authorizes the State to unilaterally modify some of these contracts. ....

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Solar tariffs: Adoption of the finance law for 2021 and the renegotiation of power purchase agreements | White & Case LLP


Article 225 of finance law for 2021 dated 29 December 2020 (the
2021 Finance Law ) provides for the renegotiation of the feed-in tariffs of approximately 800 photovoltaic power purchase agreements (
PPAs ) concluded between 2006 and 2010.
This decision, motivated by the alleged excessive profitability of these PPAs, is yet to be specified in a decree. As it stands, it is causing concern in the sector and has given rise to controversy.
Adoption of a governmental amendment
Article 225 of the 2021 Finance Law provides for the reduction of the feed-in tariff under the PPAs entered into with certain producers. The text authorizes the State to unilaterally modify some of these contracts. ....

Audit Court , National Assembly , Senate Finance Committee , European Commission , Energy Regulation Commission De , Council Of State Conseil , Energy Charter Treaty , French Parliament , European Union , Constitutional Council , Energy Regulation Commission , White Case , European Convention , Human Rights , Fundamental Freedoms , Energy Charter , தணிக்கை நீதிமன்றம் , தேசிய சட்டசபை , செனட் நிதி குழு , ஐரோப்பிய தரகு , ஆற்றல் ஒழுங்குமுறை தரகு டி , சபை ஆஃப் நிலை கந்ஸீயைல் , ஆற்றல் சாசனம் ஒப்பந்தம் , பிரஞ்சு பாராளுமன்றம் , ஐரோப்பிய தொழிற்சங்கம் , அரசியலமைப்பு சபை ,

French retroactive solar tariff cuts and the remedies available to developers


French retroactive solar tariff cuts and the remedies available to developers
By Eran Chvika, finance and projects partner, Pinsent Masons LLP
February 2, 2021
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France s 2021 Finance Act will impose tariff cuts on 800 such contracts based on tariff decrees published between 2006 and 2010, which the government now considers to be excessive due to the collapse in the price of PV cells. Officials are concerned that developers would otherwise benefit from excessive profitability, with some investments generating margins of more than 20%. The French government expects the measure to save it €350-400 million annually.
France introduced a feed-in tariff (FiT) regime in 2000, designed to accelerate the deployment of renewable energy investments by offering long-term contracts to renewable energy developers. The goal at the time was to offer cost-based compensation to these developers, providing price certainty and helping developers t ....

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