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K&L Gates LLP

May 2025 ESG Policy Update—Australia

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AUSTRALIAN UPDATE - ESG-Related Policy in Australia Under the Newly Re-Elected Labor Government - On 3 May 2025, the incumbent Labor government, led by Prime Minister Anthony Albanese, won re-election to a second consecutive...more

K&L Gates LLP

March 2025 ESG Policy Update—Australia

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Australian Update - Resistance to Australian Securities Exchange Corporate Governance Council’s Diversity Reforms Signals Decline in Environment, Social and Governance Commitment - The recent decision by the Australian...more

K&L Gates LLP

February 2025 ESG Policy Update—Australia

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Australian Update - ASIC's Key Issues Outlook for 2025 - On 24 January 2025, the Australian Securities and Investments Commission (ASIC) released its key issues outlook for 2025 which provides insights for Australian...more

Jones Day

Mandatory Climate Disclosure Laws to Take Effect in Australia

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Australia has now officially passed laws that will introduce a mandatory climate-related financial disclosure regime from 1 January 2025. This is one of the most significant reforms to corporate financial reporting in...more

K&L Gates LLP

Proposed New Australian Hydrogen Production Incentives and Support

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The Australian Government has recently announced proposed measures to support the production of hydrogen in Australia utilising renewable energy. These include a new hydrogen production tax incentive and are estimated to...more

K&L Gates LLP

Australian Federal Budget 2024-2025 - Key Tax Measures and Instant Insights

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The Australian Federal Government (the Government) has just released its budget for 2024-25. The K&L Gates tax team outlines the key announced tax measures and our instant insights into what they mean for you in practice....more

White & Case LLP

Constructing the low-carbon economy

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With an unprecedented momentum for the construction of new major projects linked to the shift away from fossil fuels and the development of a low-carbon economy, there is a real focus on construction law issues relevant to...more

Jones Day

Climate Litigation in Australia Remains Active

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Australia continues to be a highly active jurisdiction for climate-related lawsuits. Since our last update in August 2023, we have seen a steady stream of suits commenced against corporations and government bodies in relation...more

Jones Day

Clean Fuel of the Future: Policy and Legislation Shaping Australia’s Hydrogen Industry

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In recent years, the Australian federal government has committed, at both the domestic and international levels, to ambitious renewable energy targets. Australia’s hydrogen sector is positioning itself to play an increasingly...more

Hogan Lovells

Power up - Australia expands Capacity Investment Scheme in renewable energy push

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Investors have welcomed the news that the Australian government is expanding its Capacity Investment Scheme (CIS), a scheme designed to encourage the shift away from reliance on coal and stimulate investment in renewable...more

K&L Gates LLP

November 2023 ESG Policy Update – Australia

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Australian Update - Draft Reporting Standards for Australian Climate-Related Disclosures - As previously reported by K&L Gates, the Australian Accounting Standards Board released its exposure draft of the Australian...more

K&L Gates LLP

ESG Policy Update–Australia

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Australian Update - Addressing Modern Slavery Risks in Renewable Energy Supply Chains - As the modern slavery risks in the supply chains of renewable energy producers and markets come into focus (ABC|GreenBiz), the office of...more

K&L Gates LLP

Australia's Pitch in a Net-Zero Future: Critical Minerals Strategy

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The Australian Government recently released its Critical Minerals Strategy 2023–2030 (CM Strategy). BACKGROUND - Australia holds some of the world’s largest repositories of cobalt, lithium and vanadium — elements critical...more

Hogan Lovells

USA and Australia alliance – closer collaboration and new opportunities for energy, minerals, space and defence

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In a joint statement released by Prime Minister Albanese and President Biden, Australia and the United States have committed to a number of new agreements that may have a significant impact on climate and biodiversity action,...more

BCLP

Key takeaways from the United States - Australia Climate, Critical Minerals and Clean Energy Compact

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The United States - Australia Climate, Critical Minerals and Clean Energy Transformation Compact (the “Compact”) is a landmark formal statement of strategic intent to establish climate, clean energy and a shared energy...more

A&O Shearman

Snapshot of Australia’s renewable energy market

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After many years of limited action on climate change, a change in federal government has seen Australia set a target to reduce emissions by 43% below 2005 levels by 2030 and achieve net zero by 2050. In its first budget the...more

Jones Day

New Legislation Shaping Australia's Emissions Reduction Policy

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In Short - The Situation: Significant climate law reforms came into force in Australia on 15 September 2022, with the commencement of the Climate Change Act 2022 (Cth) ("Climate Change Act") and the Climate Change...more

Jones Day

Australia's Hydrogen Guarantee of Origin Scheme Enters Trial Phase

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Introduction - The development of a clean hydrogen industry is an important element of Australia's emissions reduction plan, and the Australian government has said it will invest AU $1.4 billion to build the industry. The...more

Hogan Lovells

Australia's Pathway to a Hydrogen Energy Future: Hydrogen Projects Update 2022

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There has been significant progress in the Commonwealth and State Governments’ plans to develop a hydrogen industry in Australia since our original Australian Hydrogen Projects Paper that was published in 2020. Alongside and...more

Jones Day

Australia Introduces the Offshore Electricity Infrastructure Bill 2021

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The Background  - Despite plentiful natural resources and a healthy domestic demand for energy, Australia's offshore renewable energy sector has lagged behind comparable jurisdictions. While the offshore wind sector is...more

White & Case LLP

Offshore renewable energy legislation proposed for Australia

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On 2 September 2021, the Minister for Energy and Emissions Reduction tabled two Bills in the Australian Parliament that will, if enacted, regulate the development and operation of offshore wind and other renewable energy in...more

K&L Gates LLP

Hydrogen Rising: Creating Demand: Australia’s Star Scientific, a Demand-Side Hydrogen Activator

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Andrew Horvath, Global Group Chairman of Australia’s Star Scientific, speaks with Hydrogen Rising co-hosts David Wochner and Kelly Davies about the Hydrogen Energy Release Optimiser (HERO®), his company’s award-winning,...more

Jones Day

Australian Court Holds That Use of a Corporate Logo for Purposes of Engaging in a Public Campaign Amounts to Mostly Fair Dealing

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Australia's Copyright Act allows for various "fair dealing" defenses that set out defined categories of acceptable uses of copyrighted work. These uses include research or study, criticism or review, parody or satire,...more

White & Case LLP

Wind Farms: EPC Contractor Ordered Not to Stop Power Generation

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Power projects usually contain a period of time, prior to completion and taking over, where power is being generated and can be sold into the grid or to an offtaker. Earlier this month, the Supreme Court of Victoria ordered...more

K&L Gates LLP

Water Resource Considerations for the Hydrogen Economy

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Earlier in 2020, K&L Gates released “The H2 Handbook: Legal, Regulatory, Policy, and Commercial Issues Impacting the Future of Hydrogen.” There, the firm detailed governmental and commercial issues related to molecular...more

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