CLIMATE CHANGE

Track Record

Our specialists have advised on the following climate change and renewable energy issues:

• application of reporting obligations under NGERS;
• the proposed new Carbon Pollution Reduction Scheme and its pricing impact and pass-throughs under forward contracts;
• trading mechanisms involving carbon credits under both regulated and voluntary market schemes;
• REC and GEC Sale and Purchase Agreements - including some of the first contracts for the sale and purchase of Gas Electricity Certificates just prior to the commencement of the GEC legislation in Queensland;
• agreements for the Sale and Purchase of NGACs and Other “Green” Rights including electricity retailers on sale and purchase arrangements relating to NGACs, and on compliance with the requirements of the New South Wales Greenhouse Gas Abatement Scheme;
• regulatory advice on compliance with Renewable Energy Legislation including electricity traders from a major generation entity on regulatory issues relating to renewable energy legislation, including MRET obligations under the Renewable Energy (Electricity) Act.

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