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Climate Change Severe Weather

Cadwalader, Wickersham & Taft LLP

Cadwalader Climate - September 2024 #3

In this week’s edition, we discuss the Swiss Government’s rejection of a landmark ruling that the country had violated the human rights of a group of its citizens by failing to take adequate action on climate change; a report...more

Mintz - ML Strategies

2024 Pre-Election Analysis: Infrastructure

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In this installment of ML Strategies’ Pre-Election Analysis series, we join with our partners in the Public Finance Practice at Mintz to discuss the potential implications of the 2024 general election for infrastructure...more

K&L Gates LLP

Litigation Minute: Extreme Weather and Natural Disasters: Insurance Tips for Commercial Policyholders (ESG Litigation Series: Part...

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What You Need To Know In A Minute Or Less - Storms and hurricanes, isolated but powerful tornados, earthquakes, fires, and floods—the question is not whether, but where and when policyholders will confront the next natural...more

King & Spalding

EPA Enforcement

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David Uhlmann, the Assistant Administrator for EPA’s Office of Enforcement and Compliance Assurance (“OECA”), gave the keynote speech at the ABA Section of Environment, Energy, and Resources’ Fall Conference in Washington,...more

Jones Day

Vermont Law Requires Energy Companies to Pay for Climate Change Damage

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Vermont passed a first-of-its-kind law requiring energy companies to pay for part of the damages from extreme weather events, but the law likely will face legal challenges....more

Cadwalader, Wickersham & Taft LLP

Cadwalader Climate - June 2024

In this week’s edition, we look at the climate-linked criminal lawsuit filed against a French oil major. We also review a survey conducted by Bloomberg Law that shows a majority of attorneys believe they will see only a...more

BCLP

Climate Change Due Diligence for Real Estate Acquisitions

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By 2050 rising sea levels will exacerbate episodic storm surges and inundate an estimated 87,000 square kilometers (21.5 million acres) of coastal areas worldwide, exposing $1.7 trillion of real estate to catastrophic damage....more

Mitchell, Williams, Selig, Gates & Woodyard,...

Integrating Climate Change Adaption Considerations into the RCRA Corrective Action Process: U.S. Environmental Protection Agency...

The United States Environmental Protection Agency issued what it describes as “foundational policy document” for addressing climate adaption in the Resources Conservation and Recovery Act (“RCRA”) corrective action process....more

Stinson LLP

EPA Publishes Clean Water Act "Worst-Case" Spill Rule

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On March 28, the U.S. Environmental Protection Agency (EPA) published its Final Rule: Clean Water Act Hazardous Substance Facility Response Plans (Final Rule) requiring facilities that handle hazardous substances to create...more

ASKramer Law

Weather & Climate Risk Management Part IV: Taxation of Weather Risk Management Products

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Are there differences in the way in which weather derivatives and weather insurance are taxed? Yes. Weather insurance products, including parametric insurance, are taxed as insurance; and derivatives are taxed in accordance...more

ASKramer Law

Weather & Climate Risk Management Part III: Regulation of Weather Risk Management Products

ASKramer Law on

Are there differences in the way in which derivatives and insurance contracts are regulated? Yes. Weather derivatives and insurance contracts are subject to totally different regulatory regimes. Derivatives are subject to the...more

ASKramer Law

Weather & Climate Risk Management Part II: Weather Risk Management Products

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In Part I of this series on weather and climate risk management, I reviewed the context within which organizations seek to manage climate and weather-related risks. With extreme weather events becoming more common, there are...more

ASKramer Law

Weather & Climate Risk Management Part I: Management of Weather & Climate Risks

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2023 was the hottest year on record. Not only the hottest since U.S. meteorological recordkeeping began in 1850, but according to Scientific American, 2023 was also “the hottest temperature that our planet has experienced in...more

Pillsbury Winthrop Shaw Pittman LLP

SEC Adopts Long-Anticipated Final Rules on Climate-Related Disclosure Requirements

The rules impose standardized disclosure requirements on public companies beginning as early as 2026 (for fiscal year ending 2025, depending on filer status). Climate-related disclosures, including in financial statement...more

Mintz - Energy & Sustainability Viewpoints

SEC Approves Sweeping New Climate Disclosure Rule: Key Takeaways

The Securities & Exchange Commission ("SEC") issued its long-awaited final rule concerning climate disclosures, entitled “The Enhancement and Standardization of Climate-Related Disclosures for Investors” (“Climate Disclosure...more

Dechert LLP

SEC Adopts Final, Comprehensive Climate Disclosure Rules

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On March 6, 2024, the U.S. Securities and Exchange Commission (the “SEC”) adopted on a 3-2 vote its long-awaited, comprehensive rules for enhancing and standardizing climate-related disclosures by public companies in periodic...more

Mintz

SEC Issues Long-Awaited Climate Disclosure Rule

Mintz on

Today, after nearly two years of anticipation, the SEC finally enacted a climate disclosure rule on a 3-2 party-line vote by the SEC Commissioners. As described by SEC Commissioner Lizarrage, “[b]y requiring registrants to...more

J.S. Held

2024 J.S. Held Global Risk Report: Weather and Natural Disasters

J.S. Held on

The growing frequency and ferocity of major weather events and natural disasters have pushed the climate change discussion to the forefront of governments and businesses. Droughts, floods, wildfires, earthquakes, and volcanic...more

Mintz

Yes, Governor Healey, let's future-proof our communities, not abandon them. Let's start by making it easier to implement...

Mintz on

There was a lot to like about what Governor Healey had to say about our rapidly changing climate in her State of the Commonwealth speech Tuesday evening, especially about her expectation that Massachusetts will be the leader...more

Hinshaw & Culbertson - Insights for Insurers

[White Paper] United States Insurance Trends and Decisions 2023

As 2024 rapidly approaches, we look back at some of the key decisions, trends, and developments impacting the U.S. insurance industry in 2023 and look ahead at some trends and cases to watch in 2024. Insurers continue to...more

Cadwalader, Wickersham & Taft LLP

Oregon County Sues Fossil Fuel Companies and Consulting Firm For Damages Related to 2021 ‘Heat Dome’

In a civil suit filed in Oregon state court in June 2023, an Oregon county is suing more than a dozen large oil, gas and coal companies, seeking more than $50 million in damages, in connection with a 2021 “heat dome” and...more

(ACOEL) | American College of Environmental...

Disasters and Environmental Laws - Have We Learned Our Lesson?

I recently had the opportunity to speak at a State University of New York (SUNY) conference for a group of exceptional primary and high school Science, Technology, Engineering and Math (STEM) teachers. These teachers are part...more

Foley Hoag LLP - Environmental Law

Can We Afford to Mitigate the Impact of Climate Change? Can We Afford Not To?

I’ve posted previously about the importance of extreme heat among the impacts of climate change. Much of the popular literature focuses, rightly, on the public health impacts. Without at all minimizing the public health...more

WilmerHale

Climate-Proofing Our Infrastructure: Building Climate Resilience with the Army Corps of Engineers

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Reports of climate-related disaster have made headlines across the country, from flooding in California to record-breaking heatwaves in the Pacific Northwest and all manner of extreme weather in between. These phenomena seem...more

Cadwalader, Wickersham & Taft LLP

White House Report Calls For Reevaluation of Federal Government’s Climate-Related Spending Priorities

On March 20, 2023, the White House Council of Economic Advisers released the Economic Report of the President (“Report”). Chapter 9 of the Report, entitled “Opportunities for Better Managing Weather Risk in the Changing...more

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