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Low carbon projects: Global hydrogen and CCS market insights
Low carbon projects, especially those involving hydrogen and carbon capture and storage (CCS), play a crucial role in the journey towards global decarbonization.
Thirteenth edition highlights ever-increasing threat to cyber security and data protection
We have released our 2017 Litigation Trends Annual Survey. This year’s survey polled more than 300 senior corporate counsel representing US-based organizations on disputes-related issues and concerns.
Survey respondents point to a growing threat to cyber security, an issue they indicate stands as the greatest emerging threat to a business. Nearly two-thirds of those polled (63 percent) feel more exposed to disputes in this area.
This year’s survey report also revisits its litigation minimization framework, a tool introduced last year to suit a company’s specific situation. In-house counsel can use this framework to review their current approach and implement measures to reduce litigation risk and costs. The program was well-received in its first year, with 95 percent of respondents implementing at least one recommended key measure. Training emerges as the leading factor in preventing litigation. Early case resolution, embedding lawyers in the business and proactive contract review have also shown to be highly effective.
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Low carbon projects, especially those involving hydrogen and carbon capture and storage (CCS), play a crucial role in the journey towards global decarbonization.
Publication
As a general remark, Indonesia has not, at the date of preparing this summary, issued any regulation on hydrogen production, distribution and trade. It is expected that the upcoming New and Renewable Energy Law will provide a legal framework for the exploitation and utilisation of various new energy sources, including hydrogen.
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Indonesia has committed to achieving Net Zero Emissions by 2060, consistent with its obligations under the Paris Agreement. Carbon capture and storage (CCS) and carbon capture, utilisation and storage (CCUS) are central to this strategy, particularly in the upstream oil and gas sector. Leveraging an estimated 400 gigatons of geological storage capacity, Indonesia is positioning itself as a regional CCS hub in the Asia-Pacific.
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