Carbon Emissions Trading
Stikeman Elliott's corporate finance, derivatives and financial products and energy lawyers have been at the forefront of the rapidly growing international carbon market. We advise clients on how to navigate the legal landscape with a view to helping them maximize their return in rapidly developing markets and trading schemes. We represent a range of market participants involved in the global carbon markets including producers, developers, marketers, purchasers, regulated industries, financial institutions and dealers based in Canada and internationally.
Stikeman Elliott is a leader, nationally and internationally, in the areas of infrastructure development and project finance, which draw on the skills of our banking, corporate, energy, real estate, securities and tax practices. We have particular expertise in financing for innovative sustainable energy projects arising across Canada in the wake of changing policies, environmental standards and growing cultural awareness of climate change. We have advised clients in connection with the financing of power projects derived from co-generation, wind power, run-of-river hydroelectric facilities, ethanol, solar power, nuclear power and biomass. These are all important sectors in the Canadian energy marketplace.
Stikeman Elliott's Energy Group is among Canada's leading advisors to the renewable energy industry. A wide range of participants - including developers, purchasers, suppliers and financing entities - depend on the Group's experience in development, debt and equity financing, mergers and acquisitions and related regulatory processes. We have extensive experience with power procurement processes in respect of renewable energy, acting as counsel to the Ontario Power Authority and a variety of potential proponents, developers and independent power producers in connection with power procurement RFPs and relationships. We also assist U.S. and European entities in pursuing opportunities in this sector.
Regulation, Compliance & Government Relations
We have worked extensively with governmental and quasi-governmental bodies in connection with existing and anticipated legislative responses to climate change and have established strong relationships with policy and decision-makers in different jurisdictions. Accordingly, we have a unique understanding of the legal and practical issues affecting companies impacted by climate change-related regulation in Canada. Our work in this area includes regulatory and compliance advice and monitoring, government advocacy, alternative dispute resolution and mediation, public consultation, facilitation and consensus building, and public policy research and recommendations. We advise a range of clients, including governments, on required approvals and the implementation of procedures and policies to assure legislative compliance. We advise on environmental matters in a wide range of legal transactions, including the overseeing of due diligence investigations. As well as appearing before regulatory boards and review panels, we represent public and private sector clients in dealings with regulatory authorities in the environmental and energy sectors, including investigations and litigation.
Recent Group Activities
The January 2010 Emissions Trading & Climate Change Update
, "SEC issues guidance on disclosure obligations associated with climate change," was featured in the Financial Post's Legal Post section.
Jason Kroft discusses climate change law in an article
in the July 12 edition of the Law Times.