03951nam 22004213 450 991077027850332120231218120806.03-031-46258-0(MiAaPQ)EBC31020164(Au-PeEL)EBL31020164(EXLCZ)992937458000004120231218d2024 uy 0engurcnu||||||||txtrdacontentcrdamediacrrdacarrierRenegotiating Contracts for the Energy Transition in the Extractives Industry1st ed.Cham :Palgrave Macmillan,2024.©2023.1 online resource (109 pages)Just Transitions SeriesPrint version: Nalule, Victoria R. Renegotiating Contracts for the Energy Transition in the Extractives Industry Cham : Palgrave Macmillan,c2024 9783031462573 Intro -- Foreword by N. J. Ayuk -- Foreword by Ernest Rubondo -- Preface -- Acknowledgments -- Contents -- About the Authors -- Abbreviations -- List of Tables -- 1 The Energy Transition Global Landscape -- 1.1 Policy Actions Across Countries -- 1.2 The Geographies of Energy Transition -- 1.3 The Role of Extractives in the Energy Transition -- 1.4 The Scope of This Book -- 2 Energy Transition Risks in Contracts for the Extractive Industries -- 2.1 Risk in the Energy Sector -- 2.2 The Rise of Transition Risks in the Energy Sector -- 2.3 Energy Transition Risks for the Extractive Industries -- 2.3.1 The Economic Risk -- 2.3.2 Taxation Risk -- 2.3.3 Project Finance Risk in the Energy Transition -- 2.3.4 Bankruptcy Risks in the Energy Transition -- 2.3.5 Disclosure and Transparency Risks -- 2.3.6 Insurance Risks in the Energy Transition -- 2.3.7 Risk of Environmental Risk Assessments -- 2.3.8 The Risk from Climate Change Action -- 2.3.9 Risk from the Rules of Foreign Investment -- 2.3.10 The 2015 Paris Agreement 'Risk' -- 2.3.11 The Risk from the Rise of Imagery and Data -- 2.3.12 The Risk from the United Nations Sustainable Development Goals -- 3 Case Studies: Has the Energy Transition Impacted Extractive Contracts? -- 3.1 Introduction to Extractive Contracts and the Fiscal Regime -- 3.2 Extractives Laws and Their Transformation to Address Current Challenges -- 3.3 Extractive Contracts: Are They Transforming to Align with Net-Zero Goals? -- 3.3.1 Case Studies: Contractual Provisions That Have an Impact on the Country's Alignment with the Net-Zero Goals -- Environmental Provisions -- Legal Provisions -- 3.4 Conclusion -- 4 Negotiation Tools and Strategies to Address Transition Risks in Extractive Contracts -- 4.1 Introduction -- 4.2 Nature, Scope and Elements of Net Zero-Aligned Extractive Contracts.4.3 Key Contractual Clauses of Extractive Contracts to Address Transition Risks -- 4.3.1 Prospect of Renegotiation in Long-Term Extractive Contracts -- 4.3.2 Arbitration Clause -- 4.3.3 Just Transition Clause -- 4.3.4 Stabilization Clause -- 4.3.5 Force Majeure Clause -- 4.4 Legal and Institutional Barriers to Negotiating Net Zero-Aligned Extractive Contracts -- 4.4.1 Constraining Clauses in Existing Contracts -- 4.4.2 No Climate Change or Net Zero Laws in Many Countries Resulting in Contractual Gaps -- 4.4.3 Lack of Institutional Capacity -- 4.5 Toward Net Zero Aligned Extractive Contracts: Recommendations -- 4.6 Conclusion -- 5 Conclusion and Future Directions -- 5.1 Future Directions -- Index.Just Transitions Series338.23Nalule Victoria R900711Heffron Raphael J947383Olawuyi Damilola S970625MiAaPQMiAaPQMiAaPQBOOK9910770278503321Renegotiating Contracts for the Energy Transition in the Extractives Industry3660767UNINA