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Global rules on foreign direct investment (FDI)
Cross-border acquisitions and investments increasingly trigger foreign direct investment (FDI) screening requirements.
Global | Publication | August 2018
The Carbon Reduction Commitment (CRC) Energy Efficiency Scheme (the Scheme) came into force on April 1, 2010. It is a mandatory emissions trading scheme for large businesses and public sector organisations in the UK, aimed at reducing energy consumption and requiring energy use to be reported annually.
Since its introduction, the Scheme has been perceived as overly complex and administratively burdensome, not least in a landlord/tenant context.
It is therefore welcome news that the CRC Energy Efficiency Scheme (Revocation and Savings) Order 2018 comes into force on October 1, 2018 and provides for the early closure of the Scheme. The CRC compliance year 2018/19 will be the last one for which participants will be required to report their energy use, although there will be some continuing obligations for a limited period.
The closure of the Scheme is part of a package of reforms to the energy efficiency landscape. These include
That is not all on the energy efficiency front
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Cross-border acquisitions and investments increasingly trigger foreign direct investment (FDI) screening requirements.
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Artificial intelligence (AI) raises many intellectual property (IP) issues.
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On 21 November 2023 and following extensive consultation periods, the amendment to the Climate Delegated Act (Delegated Regulation (EU) 2021/2139 of 4 June 2021) (the Climate Delegated Act) was formally adopted by the European Commission and published in the EU Official Journal (Delegated Regulation (EU) 2023/2485 of 27 June 2023) (the Climate Delegated Act Amendment).
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