France | Publication | September 2023
In 2023, there are several major developments and breakthroughs in the hydrogen sector at both national and European level.
The announcement by the French government of a €4 billion financial package to support the production of renewable and low-carbon hydrogen, the adoption of the decree on the organization of the calls for projects, and the publication by the European Commission of the first bases for its pilot auction dedicated to the production of renewable hydrogen are essential steps towards increasing the quantities of carbon-free hydrogen produced in the European Union and the move to scale that the industry is calling for.
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The Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) is now half way through its first phase of compliance, while the supporting regulatory frameworks constituting the building blocks for the CORSIA and Article 6 markets are incrementally being cemented in place and the market is developing fair mechanisms for managing key gap risks.
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We are teaming up with LawVu, a leading provider of legal workspace solutions, reflecting our shared commitment to supporting clients with tech-driven solutions to drive more efficient and effective ways of working.
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The judgment of Chugga Chugg Pty Ltd v Privinvest Holding SAL [2025] EWHC 585 (Comm) discusses important issues concerning renunciation and the classification of guarantees as instruments of primary or secondary liability.
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