News & Analysis as of

United Kingdom Infrastructure Net Zero

BCLP

Beyond the £22BN Pledge: What the UK Needs to Do to Develop Its Carbon Capture, Usage and Storage Industry

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Last week, the UK Government pledged £22 billion towards the development of the carbon capture, usage and storage (CCUS) industry in the UK. This is a significant step towards achieving net-zero emissions by 2050. ...more

BCLP

A Short Introduction to BESS Projects in Great Britain

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What is BESS? Battery storage or “BESS” (Battery Energy Storage Systems) projects are electrochemical infrastructure assets that allow energy to be stored and released on demand, and most of these projects are Lithium-Ion...more

Vinson & Elkins LLP

Cutting the Gordian Knot: Recalibrating the UK’s Energy Transition and Security Principles

Vinson & Elkins LLP on

‘Energy security and net zero are two sides of the same coin.’ This is the opening line of the UK government’s ‘Net Zero Growth Plan’, published in March 2023, and leaves no doubt as to the government’s perception of the...more

A&O Shearman

UK General Election 2024 - How do Labour and Conservative plans compare for net zero and the energy sector?

A&O Shearman on

The 2024 General Election is imminent and all four of the biggest political parties have now released their election manifestos. With the push to net zero remaining critical in accordance with the UK’s domestic and...more

Cadwalader, Wickersham & Taft LLP

Cadwalader Climate - March 2024 - #2

Greenwashing Beef Production - On February 28, New York State Attorney General (NYAG) Letitia James filed a lawsuit with the New York Supreme Court against meat processing company JBS USA for misleading the public about its...more

A&O Shearman

10 lessons in sustainability regulation

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Creating an effective regulatory framework will be critical to deliver Net Zero. But does that mean more – or less – regulation? From trade agreements to taxonomies, carbon adjustment mechanisms to corporate sustainability...more

Vinson & Elkins LLP

Europe Energy and Infrastructure M&A: Risks and Opportunities in 2024

Vinson & Elkins LLP on

Rising interest rates and stubbornly high inflation contributed to a subdued deals market in 2023. There was, however, no shortage of M&A highlights across the energy and infrastructure sectors, including the year’s two...more

BCLP

Second National Infrastructure Assessment: an Insight Into Future Infrastructure Policy

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Publication of the National Infrastructure Commission’s (NIC) second National Infrastructure Assessment (‘NIA2’) in October 2023, in line with its 5-year requirement, is an important step and a document that will be used to...more

A&O Shearman

Delivering Net Zero by 2050: the $200 trillion opportunity

A&O Shearman on

Until now, however, no comprehensive estimate existed of the of that opportunity, (or, to put it another way, the size of the financing gap between committed spending and the investment needed to deliver Net Zero by 2050...more

Cadwalader, Wickersham & Taft LLP

UK Climate Change Committee’s 2023 Progress Report Urges Action to Meet Climate Targets

The UK Climate Change Committee (CCC) recently released its 2023 statutory report, evaluating the UK’s progress towards reducing greenhouse gas emissions and meeting carbon reduction targets. This report, mandated by the...more

A&O Shearman

UK Government Publishes UK Infrastructure Bill

A&O Shearman on

The U.K. Government has published the U.K. Infrastructure Bill, a piece of legislation designed to put the U.K. Infrastructure Bank on a statutory footing. The Bank was launched in interim form in June 2021 as part of the...more

Bracewell LLP

Buyers and Sellers Should Plan for Close Scrutiny of North Sea Oil and Gas Deals

Bracewell LLP on

Over recent years, there has been an increase in M&A activity in the UK’s upstream oil and gas sector. The UK’s offshore industry has attracted this investment for reasons including the recent oil price recovery, a relatively...more

BCLP

The role of planning in the fight against climate change

BCLP on

Planning legislation has been framed over many years to grapple with climate change and there is no doubt that there is real impetus at all levels of development to ensure that climate targets are met. In this blog we discuss...more

Pillsbury Winthrop Shaw Pittman LLP

UKRI has Awarded £171 Million to Projects in Pursuit of the UK Government’s Net Zero Targets

Projects in heavy and energy intensive industries are the recipients of government funding, with a view to reducing CO2 emissions. Key industrial regions of Merseyside, South Wales, Teesside, Humberside and Aberdeenshire...more

K&L Gates LLP

UK Budget 2021: A Meaningful Step Towards Net Zero?

K&L Gates LLP on

On 3 March 2021, Chancellor Rishi Sunak delivered the UK Budget 2021 (the Budget). Understandably, the Chancellor’s focus was on setting out the road map to the United Kingdom’s economic recovery from COVID-19. The Budget,...more

Hogan Lovells

Powering our Net Zero Future – What does the Energy White Paper have in store?

Hogan Lovells on

The government published its Energy White Paper in December 2020, making a clear statement of its commitment to the 2050 Net Zero target and setting out a trajectory for meeting it. The proposals are wide-ranging, with...more

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