Publication
Corporate self-reporting: Weighing the cost of coming clean
Multinational businesses face a series of complex issues when evaluating whether to self-report economic and financial crimes such as bribery, fraud and corruption.
LA “Green New Deal” moving forward
United States | Publication | December 17, 2021
Los Angeles officials have announced the legislative launch of a "community engagement process" in pursuit of the city's building decarbonization policy, a principle outlined in the LA Green New Deal.
Mayor Eric Garcetti claims that "[d]ecarbonizing our buildings will make it possible for us to reduce Angelenos' utility bills and create thousands of green jobs." How these goals will be achieved is not specifically described. The city's buildings purportedly account for 43 percent of all carbon emissions produced in the region. Virtually all residents' energy and transportation costs have risen steadily over recent years as they are called upon to pay higher prices (often the highest in the nation) for electricity, natural gas, water, sewer, sanitation services and gasoline. The city has set a notional deadline of 2035 to convert to "100 percent clean energy."
In November 2021, the Los Angeles Department of Transportation announced it had been awarded a US$6 million grant by the California Energy Commission to install one of the largest EV fleet charging systems in the country. It will be powered by a solar microgrid.
Norton Rose Fulbright is at the forefront of counseling clients on the real estate, infrastructure and other legal implications of the LA Green New Deal, and we encourage you to contact us to discuss the effect of these issues on your business and facilities.
Recent publications
Publication
International arbitration report
In this edition, we focused on the Shanghai International Economic and Trade Arbitration Commission’s (SHIAC) new arbitration rules, which take effect January 1, 2024.
Publication
New decree amending the list that sets forth goods whose import and export are subject to regulation by the Ministry of Energy
On September 18, 2024, the "Decree amending the list that sets forth goods whose import and export are subject to regulation by the Ministry of Energy" (the "Decree") was published in the Federal Official Gazette.
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