Your Guide to Emerging Issues in Environmental Regulation and Litigation.
Last month, our readers will recall that we reported on some pushback raised regarding the new climate disclosure rules promulgated by the U.S. Securities and Exchange Commission requiring publicly traded registrants to provide certain climate-related information in future registration documents and annual reports (the “Final Rules”). As SEC Chairman Gary Gensler said in a press … Continued
The Supreme Court of New Zealand recently removed some significant roadblocks to bringing private law claims against major corporate greenhouse (GHG) emitters with a decision made in the case of Smith v. Fonterra. The decision marks what is seen as one of the first occasions where a court in common law recognized the possibility that … Continued
The U.S. Securities and Exchange Commission last week approved the implementation of standardized climate disclosure rules (posted here) for publicly traded companies and in public offerings. No longer can companies simply post potential risks on their websites or through emails; rather, they must now include them in official SEC filings such as annual reports and … Continued
As part of the United States Aviation Climate Action Plan – which strives to achieve net zero greenhouse gas emissions for United States Aviation by 2050 – the Federal Aviation Administration announced earlier this month its final rules to reduce greenhouse gas emissions from most large aircraft in U.S. airspace. The new rules go into … Continued
There has been a recent push across the country placing “green amendments” at the forefront of the fight to combat climate change and promote environmental justice. Analogous to the rights enumerated in the Bill of Rights, such as freedom of speech or freedom of religion, a green amendment is an amendment to a state Constitution’s Bill … Continued
In June 2020, Minnesota Attorney General Keith Ellison sued ExxonMobil, three Koch entities, and the American Petroleum Institute — (energy companies and affiliates that produce or sell fossil fuels around the world and an industry association) — on behalf of the State of Minnesota, alleging that the defendants knowingly engaged in a “decades-long campaign of … Continued
In recent years, the global concentration of methane present in the atmosphere has increased dramatically. In fact, in 2021, methane increased by almost 18 parts per billion in the atmosphere, the largest single year increase since the National Oceanic and Atmospheric Administration’s records began in 1984. Last year was no exception, as atmospheric methane increased … Continued
On the first day of the two-week United Nations Climate Change Conference of the Parties, more commonly referred to as COP28, delegates reached a landmark agreement to formerly create a Loss and Damage Fund, a rescue and rehabilitation effort to support especially vulnerable countries dealing with the irreversible and costly effects of climate change. First … Continued
Several states have implemented steps to build up legislative frameworks needed for carbon-capture utilization and sequestration (CCUS) projects in the first half of 2023. CCUS refers to the process of capturing carbon-dioxide emissions from sources like coal-fired power plants, and either reuses or stores the CO2 so it will not enter the atmosphere. CO2 can … Continued
Refrigeration technology has come a long way since ancient Chinese cultures harvested ice from frozen lakes and desperately tried to keep them insulated in ice cellars more than a thousand years ago. The technology advanced through the subsequent centuries, culminating in an exponential explosion of growth over the last hundred years or so, with the … Continued