DWF comments on Boris Johnson's 10-point plan for Net Zero
17 November 2020
Darren Walsh, Head of Power at global legal business, DWF, responds to the Prime Minister's announcement on his 10 Point Plan. He said:
"We are encouraged by Boris Johnson's 10 Point Plan announced [this evening]. Many of our businesses are focused on striving to meet and exceed our net zero carbon commitments by 2050 and sooner; wherever possible. Having a clear strategy focused on the development of the nascent hydrogen market with a clear emphasis on green hydrogen will be key to this. Hydrogen is by no means the panacea to net zero carbon, but it must play a key part in the UK's strategy with a focus on addressing domestic and commercial sources of heating; as well as the transport sector. Businesses must now use this Plan set out by the Government to search out innovative solutions to go green."
The management team is key to the success of any investment and needs proper guidance during a buyout transaction. Where possible, the key commercial terms should be agreed between the parties before the legal documents are circulated to avoid lengthy negotiations and the risk of damaging relations in the latter stages of the deal.
The Competition and Markets Authority (CMA) has decided to conduct a further in-depth investigation into the veterinary services market for household pets.