This legal opinion on fiduciary duties and climate change was commissioned for a business roundtable attended by senior business leaders, fund managers, legal experts and regulators in Melbourne in October 2016.

South Australia’s business community is paying the price for a grid that is no longer fit for purpose. The meeting of COAG’s Energy Council on 19 August must take action to start the transition from the current ‘Dumb Grid’ based on an increasingly outdated and costly centralised distribution model, to a 21st century ‘Smart Grid’...