First law firm joins World Bank carbon pricing

The first law firm has joined the World Bank’s carbon pricing partnership. As part of the Carbon Pricing Leadership Coalition (CPLC), Baker & McKenzie will commit to supporting clients in advancing carbon pricing policies and sharing the best ways to be sustainable. A carbon price is a cost applied to carbon pollution to encourage polluters to reduce […]

BP ordered to pay Transocean’s costs for Deepwater spill

A US court has agreed that BP’s contractor involved in the Deepwater Horizon disaster, Transocean, is not responsible for all compensatory damage claims raised by third parties for the oil spill and that BP must bear some responsibility instead. A United States District Court statement read: “BP is required to indemnify Transocean for compensatory damages […]

USA holds fracking litigation conference

The American legal profession is to hold a conference on the topic of hydraulic fracturing, or ‘fracking’; the controversial drilling technique of releasing gas from shale rock. Taking place in December in Dallas, experts from the legal profession will discuss topics relating to the fracking process such as the role of government; health and environmental […]