#FDIFriday: New HSF Global FDI podcast series sharing practical insights for investors

We are delighted to launch our new #FDIFriday podcast series, bringing together experts from our Global Foreign Investment Regulation Group to discuss the rapidly-evolving FDI regulatory landscape in accessible, digestible podcast episodes. Decision-making by FDI agencies tends to be characterised by a lack of transparency, with typically very limited information made publicly available in respect … Read more

What does the “Closing the Loopholes” Bill mean for energy businesses?

On Monday 4 September 2023, the Federal Government tabled in the House of Representatives its latest raft of industrial relations reforms through the Fair Work Legislation Amendment (Closing Loopholes) Bill 2023 (Cth). This Bill is significant, running to 278 pages and covering 28 distinct parts. It proposes reforms that will have a substantial impact on … Read more

Public consultation open: Proposed offshore renewable energy infrastructure area off the NSW Hunter Coast

The Australian Department of Climate Change, Energy, the Environment and Water (DCCEEW) announced yesterday that it is seeking public feedback on the possible effects of renewable energy projects off the NSW Hunter coast. This announcement follows last year’s declaration of part of Bass Strait off Victoria’s Gippsland coast as Australia’s first offshore renewable energy infrastructure … Read more

Electricity Generator Levy; draft legislation and revised technical note published

Background In the Autumn Statement, the government announced that it would introduce a tax on the extraordinary returns of electricity generators and published a technical note (here). HM Treasury has now published further details regarding the operation of the Electricity Generator Levy, including a revised technical note (here) and draft legislation (here). Read more

Sharm El-Sheikh COP 27 – day 3

Day 3- “Finance Day” Wednesday 9 November of COP 27 in Sharm El-Sheikh, Egypt was designated as “finance day”. The day was aimed at making progress on financial action to secure the objectives of the Paris Agreement (2015) and the Glasgow Climate Pact (2021). As defined by the United Nations Framework Convention on Climate Change … Read more

Israel and Lebanon reach historic deal that will pave the way for offshore energy exploration in previously-contested areas of the Mediterranean Sea

During the second week of October, a historic agreement was agreed in principle between the Republic of Lebanon and the State of Israel over a maritime border dispute that had erupted more than a decade ago between the two countries. The agreement, which was brokered by the United States of America given the absence of … Read more