Climate Change
Corporate Law and Climate Change
In an important but under-reported development, the Obama has shifted policy on corporate reporting of climate risks. According to Greenwire, In a policy reversal long sought by shareholder advocates, the U.S. Securities and Exchange Commission ruled yesterday that investors can directly call on public companies to describe the financial risks they face from global warming. …
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CONTINUE READINGNews on the Political Front
Both the NY Times and the Washington Post had lead stories on the politics of climate change legislation. The Post’s story centered on the increasing focus of the debate on the economic impact of climate legislation and on the difficulty of establishing the facts: In anticipation, groups on the left and the right — as …
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CONTINUE READINGThe Nuisance Suits Heat Up: Fifth Circuit Follows Connecticut v. AEP
Well, I didn’t expect this one. The Fifth Circuit, in Comer v. Murphy Oil Co., has agreed to follow the Second Circuit by construing Massachusetts v. EPA’s standing holding very broadly. It has allowed a class action by private plaintiffs on a common-law public nuisance claim, for damages occurring from greenhouse gas emissions, to move …
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CONTINUE READINGWhy You Should Worry About Climate Change Even If You Don’t Think It Is Going To Happen
Even if you think that carbon emissions won’t cause uncertainty, you should think seriously about hedging that bet.
CONTINUE READINGEnvironmental “Poetry” (Yet Again)
There once was a coal company, Which fought cap-and-trade mightily. “Costs too much,” they complained, “Emissions can’t be contained, Or our profits will face jeopardy.” There once was a scientist (or two), Whose work couldn’t pass peer review: “It’s all cosmic rays, Or perhaps high-level haze, Or something else besides plain CO2.”
CONTINUE READINGOptimism on a Climate Bill?
At least, optimism seems to be the White House message, according to a TPM report: On Friday the president urged speed in the broader shift in U.S. energy priorities and said he believed lawmakers — many of whom are skeptical of the energy bill — are following. “It is a transformation that will be made …
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CONTINUE READINGMore Environmental “Poetry”
A couple of ditties sent to us by some friends: There once was a climate denier Who said, “Let the carbon go higher. From the facts let us run, ‘Cause coal’s cheap by the ton, And who cares if the planet’s on fire?” There once was a man named Inhofe, Whose knowledge of science was …
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CONTINUE READINGTwo Important New Papers About Climate Policy
The latest issue of Science has two key papers on climate policy. First, Tim Searchinger, Dan Kammen (a faculty member at ERG), and others argue that an accounting exemption for bioenergy that appears in the Kyoto Protocol, the European carbon trading scheme and draft legislation on Capitol Hill treats all biofuels as “carbon neutral” even …
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CONTINUE READINGUCLA Journal of Environmental Law and Policy launches new website, publishes climate policy issue
Forgive me for a little boasting about our great student-run environmental law journal, which has just launched a new website with downloadable content and published a terrific, policy-oriented issue (together with the Emmett Center) with lessons from state leaders across the country on tackling climate change. The issue focuses on how states are addressing the climate …
CONTINUE READINGNew GAO Report on Adaptation
GAO has released an important report on adaptation. This is a subject that is just beginning to get the attention it deserves. Key findings: The challenges faced by federal, state, and local officials in their efforts to adapt fell into three categories, based on GAO’s analysis of questionnaire results, site visits, and available studies. First, …
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