Climate Change
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Constructive criticism needed from CEA on ELD risks
The CEA has been criticised for its 'negative' approach to mandatory financial security for ELD liabilities and challenged to come…
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Commission should leave cover for ELD risks to market forces-expert says
Following a recent report from the European Commission on the Environmental Liability Directive (ELD) that suggests it is considering intervention…
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Commission looks to beef up ELD as Hungary counts cost of toxic disaster
A recent report from the European Commission suggests that it is looking to beef up the Environmental Liability Directive [ELD]…
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UK flood spend set to increase despite budget cut for DEFRA
Despite an 8% budget cut for the UK's Department for Environment, Food and Rural Affairs, announced in its governments spending…
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ELD to ‘bare its teeth’ in Hungarian toxic spillage
The disaster in Hungary, which has seen toxic sludge escape from a reservoir in the city of Ajka, should serve…
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World’s top 3,000 companies caused over $2tn environmental damage in 2008
A new United Nations-backed study has estimated that the world’s top 3,000 companies by market capitalisation caused some $2.15tn of…
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Munich Re takes centre stage in Monte Carlo with oil rig plan
Munich Re announced an ambitious plan during the Monte Carlo reinsurance market Rendez-Vous to open talks with the US government…
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Confusion reigns in Spain over environmental liability
Spanish companies are seriously ill-prepared for the expected rise in environmental liabilities following the introduction of the Environmental Liability Directive…
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French risk managers digest challenges posed by ELD
French risk managers are fast waking up to demands placed upon their companies as they attempt to meet new environmental…
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Spanish market broke too early on ELD deadline
Over the past three years, Spanish companies have been busy preparing to meet the tough requirements of a new environmental…
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First Environmental Liability Directive cases from European Court of Justice
On 9 March, in its first rulings on the Environmental Liability Directive (ELD), the European Court of Justice (ECJ) concluded…
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As environmental liabilities grow regulators look set to get busy
As environmental regulations and liabilities continue to grow in the U.K., beefed up by the implementation of the Environmental Liability…
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Industrial Emissions Directive needs to be more flexible says Cefic
The European Chemical Industry Council (Cefic) supports the objective of the draft Industrial Emissions Directive (IED) but it believes that…
