Government officials are negotiating a market-based mechanism to
reduce emissions in the international aviation industry. Ministers
from over 190 countries have gathered at the International Civil
Aviation Organization's General Assembly in Montreal to discuss
and vote on a draft resolution. If passed, it will be the first
industry-specific global market-based measure for CO2
The prospects of achieving resolution are good. So far, 55
countries, including the US, China and EU member states have
indicated their support for the proposal and agreed to sign-up for
the initial voluntary stage. However, some states with large
aviation emissions have yet to confirm their agreement and the EU
has questioned how effective the measure will be in combatting
climate change. A deal is expected by the end of the Assembly on 7
The proposal aims to prevent the growth of aviation emissions
beyond 2020 levels by requiring airlines to offset emissions with
carbon credits. The mechanism would take effect on a voluntary
basis from 2021, and become mandatory in 2027 with exceptions for
some states which are less developed or have low aviation
emissions. The offsetting obligations will be based on the sector
average emission growth, and later move to incorporate the actual
emission growth of individual airlines.
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Dentons will hold a Competition Breakfast Seminar on February 28, 2017 titled: Rebates and discounts under EU competition law – lessons of the Intel case. Renowned competition lawyer James Venit from Dentons’ Brussels office will be joining co-heads Tihamér Tóth and Tünde Gönczöl of Dentons Budapest’s
You are cordially invited to a practical seminar on private antitrust enforcement in light of the soon to be implemented Damages Directive, which we address to the banking and finance sector. During the seminar we will present new tools designed for cartel damages litigation in light of fast forwarding the legislative process in Poland from a lawyer’s and an economist’s perspective. We will discuss examples of private antitrust litigation from a jurisdiction where the system is already effective and consider whether third party litigation funding is an option in Poland. All these points will help you identify potential claims against other market players and prepare a defense strategy against private enforcement claims targeting your institution.
From March 2 to 14, 2017, the “Invest & Trade in Ukraine ’17 – Transatlantic” conference series will take place in four North American economic centers – Toronto, New York, Houston and San Francisco. A7 CONFERENCES and Dentons are co-organizing the conferences under the patronage of the Ministry of Foreign Affairs of Ukraine.
The sixth international "Invest & Trade in Ukraine" road show will bring together large, medium and small companies from Ukraine, Canada and the US to expand cross-border business cooperation and create a strong business development platform for the future. Each part of the tour will be followed by open discussions and meetings between investors and the senior management of Ukrainian, American and Canadian companies. This year the forum is focused on three sectors – agribusiness, infrastructure and energy.
The UK government has published an amendment to the Feed in Tariff regulations, in the form of The Feed-in Tariffs (Amendment) Order 2017. This follows on from an Ofgem consultation published in May 2016.
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