Climate change

Clients rely on the breadth of our vision in this sphere and we are widely acknowledged for our commitment and expertise in advising on the risks and legal obligations entailed by climate change. We understand the impact that energy and carbon pricing will have on your business, as well as the impact of incorporating climate change risk into your decision-making.

In an area that few law firms have yet addressed, we are an active contributor to the dialogue between industry and government on how the carbon capture regulatory regime should develop. Recently, we advised a leading multi-national energy company on regulatory compliance issues arising under existing EU and UK environmental regimes from a major carbon capture and storage project.

You can also rely on our in-depth knowledge of emissions trading. We have long experience of advising corporates, hedge funds and financial institutions on this innovative and increasingly influential market. This has encompassed establishing on-line auction platforms for major brokers of certified emissions reductions (CERs), the sale of CERs from hydro electric plants in Mexico, purchasing CERs in the secondary market on behalf of the Government of an EU Member State and advising on a joint venture between a hedge fund and private equity house to secure CERs from various projects worldwide and on the creation of carbon funds.

As the Government’s 2006 energy review brought a new wave of nuclear power stations into view, so Linklaters has risen to meet the challenge. Our environment team can analyse with you how the review’s proposals would apply and on the challenges of the planning White Paper, should you consider nuclear new-build opportunities in the future. We have already acted for a major client on a regulatory dispute over whether a licence was required for a nuclear site operation.

To keep on top of changes view our recent publications.

To see what work we have done in this area and for which clients click here.

Vanessa Havard-Williams
Leader of the firm’s global environmental law practice. Adviser in all aspects of environmental work (including transactional, advisory and contentious).

Work of significance where substantial involvement can be disclosed has included:

  • Equator Principles & International Project Finance: advising on health, safety, environmental and social aspects of international mining and energy projects including Sakhalin Energy’s oil and gas project in Russia and Anglo American’s acquisition and disposal of copper mining interests in Zambia. Strategic advice on ESHIAs and environmental action plans. Training for lenders and sponsors on the Equator Principles.
  • Climate change: advising in relation to the regulatory regime applicable to carbon capture and storage, jurisdictional variations with regard to carbon trading rules within the EU, the sale and purchase of certified emission reductions, and the allocation of emissions allowances upon the sale and purchase of businesses regulated under the EU:ETS.
  • Environmental Insurance: advising on, drafting and negotiation of environmental insurance policies including in the context of lease surrenders, and disposal of contaminated land
  • Advice on environmental regulatory and contentious issues at domestic level and across the EU jurisdictions including in relation to emissions trading schemes, and advice on health and safety issues, including corporate manslaughter and directors and officers liability.
  • Corporate Acquisitions, Disposals, Flotations etc.: (i) the acquisition by FCC of the UK’s largest landfill business, the Waste Recycling Group, (ii) the merger of Rusal, Sual and the alumina assets of Glencore to create the world’s biggest aluminium company (iii) the separation of various BP Chemicals businesses and the Grangemouth refinery to form a separate group, Innovene, including advising on site separation issues and site co-operation agreements and the subsequent disposal of Innovene to Ineos; and (iv) the disposal by National Grid Transco of four regional gas distribution networks, including allocation of contamination and other environmental liabilities and co-operation arrangements.

1987 - 1988 College of Law, Law Society Final Examinations
1984 - 1987 Oxford University BA Hons


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Contact Linklaters

Vanessa Havard-Williams
Global Head of Environment
One Silk Street
Phone: (44-20) 7456 4280
Fax: (44-20) 7456 2222

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