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Top News In செபாஸ்டியன் ஹார்ட்ஃபோர்ட் டேவிஸ் Today - Breaking & Trending Today

Biodiversity loss could wreck the global financial system – and it's only a matter of time | Geoff Summerhayes and Laura Waterford

Biodiversity loss could wreck the global financial system – and it's only a matter of time | Geoff Summerhayes and Laura Waterford
theguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theguardian.com Daily Mail and Mail on Sunday newspapers.

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Australia Reforms Laws to Fight Carbon Dioxide Emissions


Wednesday, June 2, 2021
In the past month, a number of landmark developments have occurred in climate change law in Australia and overseas, which have the potential to materially impact emissions-intensive corporations and projects. These reflect the ongoing willingness of courts to intervene and regulate carbon dioxide emissions based on actions founded in tort and negligence.
In this article, we briefly summarise the following key recent climate change law cases:
Sharma by her litigation representative Sister Marie Brigid Arthur v Minister for the Environment [2021] FCA 560, where the Federal Court of Australia held that a novel duty of care applied to a government decision maker in approving a coal mine extension under Commonwealth environmental legislation ....

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Companies warned that 'greenwashing' could have legal consequences


26 April 2021
Company directors that rush to make net zero pledges without fully examining the firm’s ability to meet the goals could be guilty of “misleading or deceptive conduct” and vulnerable to regulatory or legal penalties.
They also have a legal obligation to act on climate risk, not just to disclose it, or face accusations of “greenwashing” that could carry real legal consequences.
Those are the opinions of lawyers Noel Hutley SC and Sebastian Hartford Davis, published in an official update to their landmark 2016 legal opinion entitled “Climate Change and Directors’ Duties”, commonly known as the Hutley opinion.
The update followed a business and regulatory roundtable on climate risk hosted by the Centre for Policy Development, and attended by major business groups including the Business Council of Australia, the Australian Institute of Company Directors and the Australian Chamber of Commerce and Industry. ....

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Climate change: are major infrastructure contracts fit for purpose? - Real Estate and Construction


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As of late 2020, we continue to work through the
dislocation of COVID-19 across all sectors of the economy,
including the major projects sector. Despite regulating complex
billion dollar infrastructure with design lives of up to 100 years,
in most part the contracts for these projects were negotiated with
little consideration of the possibility of a global
pandemic.
As a consequence, the parties bound by these contracts are left
to ponder, argue and dispute over where the disruption, delay and
cost consequences of COVID-19 should fall, bound by the terms they ....

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