Lexpert Special Editions

Special Edition on Energy 2018

The Lexpert Special Editions profiles selected Lexpert-ranked lawyers whose focus is in Corporate, Infrastructure, Energy and Litigation law and relevant practices. It also includes feature articles on legal aspects of Canadian business issues.

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WWW.LEXPERT.CA | 2018 | LEXPERT 33 Morency, Claude Dentons Canada LLP (514) 878-8870 claude.morency@dentons.com Mr. Morency is managing partner of the Firm's Montréal office and a member of its Litigation and Dispute Resolution group. His practice focuses on corpo- rate, commercial and construction litigation. Mongeau, Éric Stikeman Elliott LLP (514) 397-3043 emongeau@stikeman.com Mr. Mongeau's practice of general commercial litigation focuses, amongst others, on the energy sector. Recent mandates include: Churchill Falls Hydro power plant in a motion to obtain a judgment on the interpretation of the renewal terms of a long-term PPA and representing IPPs in arbitration pro- ceedings in connection to the renewal conditions of their long-term PPAs with a public utility. Mondrow, Ian A. Gowling WLG (416) 369-4670 ian.mondrow@gowlingwlg.com Mr. Mondrow practises in the area of natural gas and electricity regulation and policy. He represents utilities, customers and energy services providers in rate, policy, facilities, licensing and compliance matters, in both wholesale and retail energy markets. He has represented clients before the Ontario Energy Board, the National Energy Board, and other Canadian regulatory forums. Mohamed, Munaf Bennett Jones LLP (403) 298-4456 mohamedm@bennettjones.com Mr. Mohamed maintains a national litigation practice and regularly appears as counsel across the country. He has extensive experience in civil fraud, international asset recovery claims, energy related disputes and bank related litigation. In the energy arena, he has prosecuted and defended numerous disputes involving exploration, production, gathering, processing, pipelines and pricing. Moch, Darcy D. Bennett Jones LLP (403) 298-3390 mochd@bennettjones.com Mr. Moch's tax practice focuses on corporate mergers & acquisitions, reorga- nizations and financings, as well as personal, succession and foreign matters. He is the past-chair of the National Tax Section of the CBA and the past co-chair of the Joint Committee. Mix, Martin Gowling WLG (403) 298-1853 martin.mix@gowlingwlg.com Mr. Mix focuses on domestic and cross-border corporate finance and M&A deals, as well as private equity transactions. He acts for public and private issuers and underwriters on transactional matters, including public and private debt and equity offerings, reorganizations and recapitalizations. He advises on corporate governance and securities regulatory compliance matters to various issuers. on, came on board late last February. It agreed to set a flat carbon emissions tax of $25 a tonne, which exceeds the federal government's require- ment for the first two years. Aer that, however, Manitoba said it saw no need to raise the price higher, meaning the province would not reach the federal government's $50 a tonne threshold for 2020. British Columbia opted for an explicit price- based system, such as a carbon tax. "e main thing clients here want help with," Lee-Ander- sen says, "is compliance. But there is a whole slew of other issues. For example, we recently assisted a client with assessing the potential impacts of the proposed federal output-based pricing system on their facilities, which are lo- cated in multiple provinces, some of which will likely be backstop jurisdictions." Alberta — which is responsible for approxi- mately one-third of Canada's total GHG emis- sions — chose to impose a carbon levy and per- formance-based emissions system. is did not mark, however, Alberta's first foray into combat- ting GHGs. "Alberta is the leader [in Canada] in terms of climate change legislation, policy development and implementing legislation," says Tom McIn- erney, a partner in the Calgary office of Bennett Jones LLP and co-head of its Climate Change & Emissions Trading team. "Alberta was the very first jurisdiction, before the federal government, that came out with binding climate change legis- lation … in 2007." Ontario, under then Premier Kathleen Wyn- ne, and Québec both opted for a cap and trade approach, under which their governments set a cap on the amount of emissions allowed and permit companies that exceed the limits to pur- chase allowances, through auctions, from those that did not. In 2017, the two provinces signed a linking agreement with California, as part of the US Western Climate Initiative, to use carbon allowances issued by any of their governments, interchangeably, and to hold joint carbon auc- tions. In a notice to market participants in mid- June, California and Québec said the Western Climate Initiative would no longer allow trades between companies registered in their jurisdic- tions and those registered in Ontario. "Our goals are to make certain that the pro- gram continues to reduce emissions of climate- changing gases as a crucial part of our efforts to combat the existential threat of climate change, while also continuing the smooth operation and integrity of our common carbon market," the no- tice said. e closing of the California and Québec mar- kets to Ontario prevented companies from ac- cessing some $2.8 billion in emissions allowances LEXPERT-RANKED LAWYERS

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