Nossaman LLP (LexBlog Australia)
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Will We See a Trend For Direct Pension Fund Investment In US Greenfields Infrastructure?
Although historically the investment profile for pension funds has focused on established brownfields assets, the Canadian Pension Plan Investment Board (CPPIB) has recently invested $525 million AUD into the greenfields NorthConnex road tunnel in Sydney, Australia in partnership with experienced road operator Transurban and the Queensland Investment Corporation (QIC). CPPIB’s investment comes...
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California District Court Dismisses ESA Section 7 Case for Failure to Allege that Agency Action Took Place on the “High Seas”
On August 12, a judge for the Northern District of California granted (pdf) a motion to dismiss claims alleging that a federal agency violated section 7 of the Endangered Species Act (ESA) by failing to consult with federal wildlife agencies concerning the potential effects of its actions on listed species in the Great Barrier Reef....
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Australian Scientists Call for Country to Focus Conservation Efforts on Most Vital Endangered Species
Last Thursday, several prominent conservation biologists in Australia called on the Australian government to allow certain endangered animals to become extinct in order to focus conservation efforts on reviving more vital species. The biologists argue that current Australian policies, such as mandatory recovery plans for all endangered species, may have consequences if they are not...