Gray Taylor is co-leader of the firm's climate change and emission trading practice. His practice focuses on climate change and related corporate issues affecting businesses in Canada and abroad.
Gray acted on commercial arrangements and transactions in Canada, the U.S. and elsewhere in the world for over a decade and a half before turning to climate change and environmental issues. As a result, he brings an understanding of business realities, practices and goals to his climate change and emission trading practice.
Gray focuses on emissions trading transactions involving Emission Reduction Purchase Agreements and related financing and transactional documents for a broad range of Kyoto Protocol (CDM and JI), Alberta and other Canadian regulatory deals as well as North American and international voluntary carbon deals. He also advises on corporate governance and climate change business planning issues. Gray has acted on a number of complex transactions, such as representing the largest private sector participants in the World Bank US$1-billion Umbrella Carbon Fund transaction, and creating unique structures to facilitate participation by diverse entities in emission trading markets, including Natsource's Greenhouse Gas Credit Aggregation Buyers Pool and innovative arrangements related to voluntary environmental credit creation and trading.
Gray has been part of the development of climate change transactional law from the inception. He is listed as a climate change Band 2 practitioner by Chambers Global 2014. Previously Chambers Global stated that he is active on climate change matters across Canada but also internationally, working on issues in jurisdictions as varied as China and Ecuador. Clients underscore his 'great insight and innovation' and his lengthy history in carbon transactions around the world and that he is universally acknowledged as the 'godfather of Canadian climate change law.' He was identified by that publication as a father of the climate change industry and as being “involved in all the major developments in Canada,” with “an exceptional international practice.” Gray is also Chambers Band 2 in Canada for his environmental law practice.
Since 2012, Gray has been designated as an Accredited Director (Acc.Dir) by the Institute of Chartered Secretaries and Administrators. He is a member of the Editorial Advisory Board of Cleantech Canada (www.cleantech.ca). Gray is a past chair of the National Environmental, Energy and Resources Law Section of the Canadian Bar Association (CBA), a past director of IETA, past co-Chair of IETA's Canadian Working Group, a member of the Environmental Finance Advisory Committee, School of the Environment, University of Toronto and is recognized in Chambers Global and Lexpert. He is qualified to practice in Ontario and New York.
•A tidal energy start-up on Canada's west coast, including shareholders agreements and corporate reorganizations.
•A purchasing pool capitalized at up to U.S. $800 million permitting 26 entities in Japan, Europe, Canada and the US to aggregate their requirements for primary Kyoto Protocol units and advising on the pool management and the purchase, custody and escrow contracts required to effect the acquisitions of those units in a number of transactions.
•A TSXV-listed biofuel company in connection with greenhouse gas reduction reduction marketing efforts.
News & Events
• Energy Bar Association's Mid-Year Meeting and Conference 2014
November 04, 2014 Gray Taylor presents, Canada Climate Change: Multiple Approaches, in the Carbon Markets for Reducing Greenhouse Gas Emissions panel at the Energy Bar Association's Mid-Year Meeting and Conference in Washington, DC.
• Climate Change and GHG Emissions: The Challenge for Energy
October 21, 2014 Gray Taylor presents, Climate Change and GHG Emissions: The Challenge for Energy at APS 510 - Innovative Technologies and Organizations in Global Energy Systems, University of Toronto Centre for Global Engineering.
• 42nd Annual Meeting of the Eastern Section of the American Association of Petroleum Geologists
September 30, 2014 Gray Taylor presents, Aspects of the Law of Oil and Gas Exploration and Development in Ontario, at the 42nd Annual Meeting of the Eastern Section of the American Association of Petroleum Geologists in London, ON.
•2014, Who's Who Legal: Canada
Gray E. Taylor, recognized as a leading lawyer in the area of environment
•2015, Best Lawyers in Canada
Gray E. Taylor, recognized as one of Canada's leading environmental lawyers
•2014, The Legal 500: Canada
Gray E. Taylor, recognized as a leading lawyer in Environment
• BC Greenhouse Gas Industrial Reporting and Control Act Passes Second Reading
November 03, 2014 On October 20, 2014, the Greenhouse Gas Industrial Reporting and Control Act (Bill 2) (hereinafter the Bill) was introduced, and on October 29, 2014, the Bill passed second reading in the British Columbia Legislative Assembly. The Bill, if enacted, would repeal the Greenhouse Gas Reduction (Cap and Trade) Act in its entirety as well as various elements of British Columbia's other GHG specific legislation such that all GHG compliance obligations for liquefied natural gas (LNG) facilities and coal-fired electricity generation would fall within the regime contemplated by the Bill and any resulting regulations promulgated thereunder.
• Prohibition In Ontario On Using Carbon Dioxide For Enhanced Oil and Gas Recovery
October 14, 2014 Gray Taylor, Prohibition In Ontario On Using Carbon Dioxide For Enhanced Oil and Gas Recovery, published by Ontario Petroleum Institute.
• Lessons (Good and Bad!) from the Alberta Oil Sands for Ontario Oil and Gas?
April 2014 Alberta's successes and failures in development of its oil sands resource may offer lessons for the expansion of Ontario's oil and gas industry. Here are some personal thoughts on those lessons. Published in OPI Newsletter, the Voice of the Ontario Oil and Natural Gas Industry.