Your Guide to Emerging Issues in Environmental Regulation and Litigation.
An interesting battle currently is playing out in the California courts involving what can be considered a “second generation” of climate change suits that seek to hold producers of greenhouse gases responsible for the costs that government entities are forced to expend in adapting to climate change. In July 2017, three California government entities — …
As we move a little more than a year into the Trump Administration, it probably is time to take a look at where we are in regards to the administration’s publicly stated goal of repealing environmental regulations, many of which are related to climate change. In that context, the New York Times, National Geographic Society, …
Earlier this month, the New York City government (the City) filed a complaint in the U.S. District Court for the Southern District of New York against five of the world’s largest publically traded oil companies. The complaint alleges that the defendants significantly contributed to climate-change through the sale of oil and gas products over the …
There is a number few have heard of underlying many environmental regulations that are directly related to climate change — the Social Cost of Carbon (SCC). As noted in a recent article in The Economist, climate economists refer to the SCC as “the most important number you’ve never heard of.” Essentially, the SCC attempts to …
Following the release by the New York Times of a draft copy of a Climate Change Special Report (CSSR) prepared to provide the scientific basis of the upcoming 2018 Fourth National Climate Assessment—as if perfectly planned for maximum effect, according to an analysis released on August 15 by NASA’s Goddard Institute for Space Studies (GISS)— …
As the world continues to confront the reality of a changing climate resulting from anthropogenic (human caused) releases of greenhouse gasses since the dawn of the industrial age, efforts to slow the increase of average global temperatures and combat the worst effects of that temperature rise have taken various tracks — from large-scale international agreements …
The ability of the global insurance industry to manage society’s risks likely will be significantly impacted by climate change in coming years. The ClimateWise report recently confirmed that since the 1950s the frequency of weather-related catastrophes has increased six-fold. As these risks occur more often, previously insurable assets are becoming uninsurable, and those already underinsured …