News & Analysis as of

Climate Change Disclosure - Heads I Win, Tails You Lose?

Arjuna Capital, a sustainable wealth management platform, and As You Sow, an environmental corporate responsibility advocacy group, have been advocating for publicly traded companies to assess and disclose the risks that...more

What’s the Difference Between ExxonMobil and Shell When It Comes To Climate Change? What’s A Trillion Tons (or Tonnes) Among...

Earlier this week, I posted about ExxonMobil’s shareholder disclosure. The bookend to ExxonMobil’s disclosure is the release of the Trillion Tonne Communique by the Prince of Wale’s Corporate Leaders Group. The Communique...more

ExxonMobil Admits Climate Change Is Real. It also Imposes an Internal Cost on Carbon. Still Not Enough to Get Any Love From the...

Last week, in response to shareholder requests that it disclose information regarding how climate change might affect it in the future, ExxonMobil released two reports, one titled Energy and Climate, and one titled Energy and...more

Senate Bill 375 and Susatainable Communities Strategies [Video]

As global climate change has gained recognition, state and local governments have been confronted with what may happen if greenhouse gas (GHG) emissions continue unabated. The Sustainable Communities and Climate Protection...more

Massachusetts Permit for New Natural Gas Plant Incorporates Global Climate Conditions Including Sunset Date

The Massachusetts Energy Facilities Siting Board (Siting Board) approved a certificate for a 630-megawatt natural gas-fired power plant in Salem last month. The certificate is unique in that it incorporates the terms of a...more

Regulatory and Standard Updates for 2014

A number of regulations and standards from the U.S. Environmental Protection Agency, OSHA, and other organizations have recently been revised and/or updated. TRC has prepared a Regulatory Update summarizing the changes with...more

Renewable Energy Update -- February 21, 2014

Renewable Energy Focus - San Francisco announces 0-50-100 plan to fight climate change: SustainableBusiness.com - Feb 14 - San Francisco says it is closing in on the goals of its 2004 Climate Action Plan, and the city...more

Obama’s Climate Change Strategy In Supreme Court’s Hands

Two years ago, the Supreme Court upheld the major domestic policy initiative of President Obama’s first term, ruling that the Affordable Care Act passed constitutional muster. This coming June, the Court will determine the...more

ML Strategies’ Weekly Energy and Environment Update – Week of February 3, 2014

President Obama used his annual State of the Union address January 28 to call for a year of action on a broad array of issues, highlighting energy efforts and his climate action plan amongst 12 executive actions he hopes to...more

Energy And Environment Update -- February 4, 2014

In This Issue: Energy and Climate Debate; Congress; Administration; Department of Energy; Department of State; Environmental Protection Agency; Federal Energy Regulatory Commission; International; States; and...more

Capital Thinking: Environment and Natural Resources

Future Climate Scenarios - The Environmental Protection Agency (EPA) has released phase-two of its National Stormwater Calculator. EPA highlights that “the updated calculator includes future climate vulnerability...more

The Business of Climate Change – Disclosure of “Stranded Assets”

Mainstream media have recently noted efforts by business interests to address potential risks to their business from a changing environment; for example, “Industry Awakens to Threat of Climate Change,” New York Times,...more

Governor Patrick Announces Climate Change Preparedness Initiatives: Not Everyone’s On Board

On Tuesday, Governor Patrick announced a series of climate change preparedness initiatives, including about $50 million in funds for a variety of programs. Before summarizing the plan, I’ll note that Massachusetts appears to...more

On The Horizon - Renewable Energy in Asia: The Philippines

The world has recently witnessed some of the most catastrophic natural events in human history — extreme hurricanes, severe droughts, and unexpected hailstorms, among others — causing economic and social disruption. The...more

Australian Government Releases Further Details of its Direct Action Plan to Reduce Australian Greenhouse Gas Emissions

The Australian Federal Government (Government) released a Green Paper on Friday 20 December as part of its Direct Action Plan on climate change policy. The Green Paper outlines the Government's preferred design for an...more

The Top 6 At 12: Highlights Of The Top Climate Change Legal Stories In The Second Half Of 2013

2013 has drawn to a close; here is our take on the top six climate change legal stories in the last six months. 1. Climate Change Assessments - Blockbuster legislation may have been evaded once more but that has not...more

The World Energy Outlook Report 2013: A Review of the Recalibration of Global Energy Demand Over the Next 20 Years

The International Energy Agency (IEA) World Energy Outlook Report 2013 (the “Report”), which was published last week, projects that global energy demand is likely to increase by one third by 2035 with low carbon energy...more

Regulatory Utility Commissioners Seek Role In Development Of EPA Climate Rules

In June, President Obama directed the U.S. Environmental Protection Agency to propose standards regulating greenhouse gas emissions (“GHG”) from existing power plants. The requirements would be imposed under Section 111(d) of...more

What is the Social Cost of Carbon? OMB is now Taking Comments on that Issue.

The federal Office of Management and Budget (OMB) is now seeking public comment on how the United States government should calculate the “social cost of carbon” – the dollar figure used by federal agencies to estimate the...more

COP 19 – Day 9 of the Conference

Tuesday saw the opening ceremony of the high-level segment at COP 19 and CMP 9. As is customary, the curtain raiser began with numerous statements from a variety of heads of state and government ministers....more

2013 Warsaw Climate Change Conference: International negotiations seek to raise ambition to combat climate change

International climate change negotiations are now under way at the 2013 United Nations Climate Change Conference in Warsaw, aiming to lay the groundwork for a new, universal climate change agreement scheduled for adoption in...more

COP 19 – Day 8 of the Conference

The second week of the conference began with the COP President calling an informal stocktaking session, aiming to unite and focus the parties ahead of a week of hopefully more productive negotiations as the ministers begin to...more

COP 19 – Day 5, 6 and 7 of the Conference

Friday’s meetings continued the trend of informal consultations and contacts groups, slowing striving towards substantive progress. The closure of the 39th SBSTA and SBI meetings, and the associated closing plenaries,...more

Energy Law Alert: California Cap and Trade Auctions Upheld as Constitutional

The Sacramento Superior Court has upheld the constitutionality of California Air Resources Board's ("ARB") cap and trade auctions in the related cases California Chamber of Commerce v. ARB and Morning Star Packing Company v....more

COP 19 – Day 4 of the Conference

Frantic meeting schedules continued at the Conference against the back drop of news that Japan will announce a reduction in its 2020 greenhouse gases (GHGs) emissions target. Japan is expected to announce today that it will...more

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