Ms Valentina Keys

Valentina Keys

Updates

Energy & Natural Resources

UK Emissions Trading Scheme - what's new?
United Kingdom | 31 May 2021

The Department for Business, Energy and Industrial Strategy recently published updated guidance on participating in the UK Emissions Trading Scheme (UK ETS), which launched on 1 January 2021. While the UK ETS closely follows the EU Emissions Trading Scheme (EU ETS), for now at least, it is a standalone scheme. The UK ETS commits to a similar approach to the EU ETS; however, the changes made may give rise to challenges for both new and transitioning participants.

OPRED consults on new civil penalties for illegal oil and gas-related activity
United Kingdom | 03 December 2018

The Department for Energy and Industrial Strategy and the Offshore Petroleum Regulator for Environment and Decommissioning recently launched a consultation on the draft guidance to accompany the Offshore Environmental Civil Sanctions Regulations 2018. The overarching message of the new penalties regime is that the processes and outcomes of enforcement with regard to offshore companies engaged in illegal oil and gas-related activity will change considerably.

Real Estate

Indemnity for cost of contaminated land
United Kingdom | 30 October 2020

A recent case concerning a landlord's counterclaim for the cost incurred by it in remediating its property prior to undertaking a major redevelopment project provides a useful reminder to tenants on the extent of their potential liability at the end of the term of their lease and sounds a cautionary note to any party undertaking works under licence. The landlord was entitled to recover the full cost of the remediation work to deal with asbestos contamination caused by the previous tenant and its parent company.