Blockchain technology and smart contracts continue to show their potential for disrupting the electric energy industry. Through the use of blockchain, electricity markets could become more decentralized, efficient, transparent and automated. However, blockchain users must have a good understanding of the regulatory landscape in which they will be operating to ensure compliance with applicable laws, and traditional utilities should be aware of the opportunities and pitfalls the technology could pose. Please see attached the latest…
The European Commission has opened a consultation on a potential legislative proposal on substantiating green claims made when advertising and marketing products. The proposals are intended to implement one aspect of the European Green Deal which states, among other things, that “Companies making ‘green claims’ should substantiate these against a standard methodology to assess their impact on the environment”. This consultation contains a section targeting (a) the opinion of the general public, and (b) more…