Publication
“AI and sustainability - cure or curse?”
While AI can help resolve data issues in sustainable investing, it can create problems such as information breaches and inherent bias in data.
Global | Publication | July 2018
On 17 July 2018, the Northern Territory (NT) Government released its plan to implement the 135 recommendations of the Independent Scientific Inquiry into unconventional hydraulic fracturing. The plan details how each of the recommendations will be implemented and is grouped under six key themes: Strengthening Regulation, Ensuring Accountable Industry Practise, Safeguarding Water and the Environment, Respecting Community and Culture, Maximising Regional Benefits and Local opportunities, and Planning for Industry.
The NT Government has outlined the following Implementation Stages:
Stage | Action | Completion Date |
Stage 1: Planning |
Establishing an Onshore Shale Gas Community and Business Reference Group. | By July 2018 |
Stage 2: Preparing for exploration |
Implementing 30 priority recommendations from the Report, to allow hydraulic fracturing to commence. | By the end of 2018 |
Stage 3: Exploration and preparing for production |
Implementing the remaining recommendations required before production licences can be approved. | Between 2018 and 2021 |
While the granting of production licenses may be three years away, exploration and development activities are likely to commence before the end of Stage 3. In anticipation of this, there is likely to be increased M&A activity in the area. Oil service companies and ancillary industries may also enjoy an increase in demand as companies seek to lock down arrangements.
Publication
While AI can help resolve data issues in sustainable investing, it can create problems such as information breaches and inherent bias in data.
Publication
It is widely accepted that 2023 was one of the worst years in recent memory for M&A activity.
Publication
The ongoing conflicts and further geopolitical tensions in Eastern Europe and the Middle East, coupled with upcoming elections in a number of key countries including the US and the UK, make 2024 challenging to predict what impact this will have on the insurance sector.
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