Are Carbon Markets the Solution Against Climate Change?
Global warming is one of the most pressing issues of the 21st century. In order to meet this unprecedented challenge, States and sub-state entities have decided to use an original regulatory instrument: a trading system wherein pollution rights can be exchanged (i.e. a ‘carbon market’). HEC Paris Professor Van Waeyenberge explains why the collaboration between countries has not yet led to satisfying results, and what can be done about it. Given the urgency of the situation, one cannot possibly reconceive or reimagine the current system from scratch, but one can improve it by encouraging complementary measures through the coordination of the various existing initiatives. This coordination could take place via the connections and interlinkages between the different carbon markets initiatives and through the use of new technologies such as the blockchain to implement it.
Developing an Automated Compliance App to help Firms Comply with Privacy Regulations
Space Industry Faces Deep Transformations Post-COVID-19
The image of a Falcon rocket topped by the Crew Dragon capsule designed and manufactured by private company SpaceX as part of a NASA mission, has struck world public opinion in May 2020. Like its landing in the Gulf of Mexico a few weeks later, in early August. It illustrates the profound changes that have affected the space industry in recent years. In this article, Professor of international business law Lucien Rapp describes the transformation of the space industry and the strategies developed to enter the space market, as well as the challenges of its privatization for the future of the industry.
Will Contracts Survive the Pandemic?
The covid-19 pandemic and the resulting lockdown have impacted business enormously and in unprecedented ways, forcing corporate leaders to reset their priorities and, in some cases, switch from profitability to survival. As all this happened, legal advisors were urged to provide pragmatic solutions regarding their clients’ existing contracts. HEC Paris Professor of Law Matteo M. Winkler shares some options on which they may want to reflect upon.
The Challenge of Different National Leaderships for Tackling Covid-19
As the COVID-19 pandemic unfolds, we observe starkly divergent approaches being experimented across the European Union. In this interview, Alberto Alemanno, Jean Monnet Professor of European Union Law at HEC Paris, explains this lack of coordination between the governments and its consequences, and shares his insights on what could be improved in this diverse decision-making setting.
Europe’s Democracy Challenge: Citizen Participation in and Beyond Elections
Europe’s democracy is constantly challenged and questioned. In his latest paper published in the German Law Journal (Cambridge University Press) in January 2020, Alberto Alemanno, Jean Monnet Professor of European Union Law at HEC Paris, and engaged academic (Ashoka Fellow and Young Global Leader at the World Economic Forum) reminds and explains the importance of citizens participation for the survival of the European project. He calls for the creation of a transnational political space through a better public understanding of all the existing participatory channels available to EU citizens, beyond elections. This interview of Professor Alemanno offers a flavour of his study.
Legal Data Mining, Machine Learning and Visualization
Legal Data Mining Conference gathered professionals and academics from the technology, Artificial Intelligence and Law fields to discuss the future of Law. The two-day workshop focused on both the fundamental and practical issues of legal data mining. The event was organized by David Restrepo Amariles (Assistant Professor of Law at HEC Paris) and Ken Satoh (Professor at the National Institute of Informatics of Japan) in March 2019 at the Barreau de Paris.
cascad: A new certifying organization to help double-check scientific results
While scientific findings need to be assessed by peers and journal referees, the confidentiality of original data often makes the process arduous. An accredited organization launched by Christophe Pérignon (HEC Paris) and colleagues with access to the original research data can now ensure reproducibility of results. This not only promises huge gains in time and effort for researchers but will also shore up trust in scientific results.
How US Economic Sanctions are Shaping Global Banks
To date, at least nine international banks have paid enormous sums to the US as a result of violating US economic sanctions, including the French bank BNP Paribas, which was fined nearly $9 billion in 2014. As the US increasingly employs its punitive arsenal to force non-US banks to comply, this has resulted in their Americanization, argue two HEC professors.