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Oil Price Cap Risks: Evasion, enforcement, and the environment
There continues to be increasing rhetoric on the monitoring and enforcement of the G7 and Australia’s (“Coalition”) Price Caps on Russian crude oil and petroleum products (“Price Caps”).
Publication
EU Taxonomy Regulation and aviation: A transition to sustainability
On 5 April 2023 the long-awaited draft amendment to Delegated Act EU 2021/2139 including draft technical screening criteria in Annex 1 (the Draft Delegated Act) was published by the European Commission heralding the inclusion of aviation as a transitional activity within the EU Taxonomy Regulation. Following consultation, the draft was then updated on 13 June 2023 and published as part of the European Commission’s sustainable finance framework.
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