Speaking Energy

Carbon capture, utilization and storage (CCUS) looks set to become one of the next major talking points in energy, as countries around the globe struggle to reduce carbon dioxide (CO₂) emissions and fulfil commitments to reduce production of greenhouse gasses. The scale of the impact of national lockdowns and the global economic slowdown caused by COVID-19 has been clearly demonstrated by the significant drop in global carbon emissions over the course of 2020 (the International Energy Agency estimates that emissions declined by approximately 6 percent during 2020¹). With carbon emissions now rebounding sharply off the back of economic recovery, governments around the globe face the difficult task of attempting to continue the suppression of emissions without negatively impacting economic growth. CCUS can play a key role in achieving this objective.

(Houston) – Akin Gump is pleased to announce it has released its “2020 Energy Year in Review,” which examines the current state of the global energy market and highlights the energy matters with which the firm was involved last year across the following areas:

• Mergers, Acquisitions & Strategic Transactions
• Capital Markets
• Financing
• Project Development
• Financial Restructuring
• Energy Litigation.

Introduction

The worldwide demand for energy continues to grow at a substantial rate. The World Economic Forum predicts that by 2050, global energy demand will be between 30 to 40 percent higher than today, even on the assumption that the world becomes much more energy efficient¹. At present, the majority of the energy sources the world depends on release greenhouse gas emissions, particularly carbon dioxide, into the atmosphere.

(Houston) – Akin Gump is pleased to announce it has released its “2015 Energy Year in Review,” which examines the current state of the global energy market and highlights the energy matters with which the firm was involved last year in the following areas:

• M&A
• financial restructuring
• capital markets
• lending
• project development and project finance
• energy regulation, markets and enforcement
• energy litigation and international arbitration.