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In the second article in our series ‘Can we turn green to gold’, we investigated the biggest challenges facing renewable energy projects and explored what Insurers can do in response. In this third and final article, we look at the insurance issues that are Australia-specific and discuss the impact to insurers.
To print this article, all you need is to be registered or login on Mondaq.com. 1 Introduction Whilst decommissioning of offshore and onshore sites is a nascent industry in Australia, it is an industry that is set to become increasingly prominent in coming years. It has been estimated that the decommissioning liability of Australia's offshore petroleum alone will be US$21 billion over the next 50 years.
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
