Category: Climate Change

Clean Power Plan / Climate Change / Regulations
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The Push for Repeal of Environmental Regulations: One Year into the Trump Administration, Where Do We Stand?

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, Columbia Law School’s Sabin Center for Climate Change Law, and Harvard University’s Environmental Law Program, are great sources, providing useful tracking information and updates regarding proposed …

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Climate Change / Litigation / New York
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New York City Sues Big Oil Over Effects of Climate Change

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 years, resulting in property damage and subsequently forcing the City to incur other costs associated with weather-related prevention efforts, now and in the future.

Specifically, the City claims that the …

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Climate Change
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The Social Cost of Carbon — A Crucially Important Number Few Have Heard of and its Potential Impact on Environmental Regulations

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 capture in a single number how much “damage” a one-ton release of CO2 today will have in the future, expressed in today’s dollars. Of course, estimating the amount …

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Climate Change
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July 2017 Tied for Warmest Month on Record; Gives Further Support to Recently Released Climate Change Special Report

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)— July 2017 was the warmest July on record (since 1880), and statistically tied with the warmest month on record of August 2016.  (GISTEMP Team, 2017: GISS Surface Temperature Analysis (GISTEMP).  …

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California / Climate Change
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Recent Efforts in California to Address Climate Change – New Twists on Established Strategies

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 such as the Paris Accord (COP23) and the Kyoto Protocol, to legislative attempts such as cap-and-trade programs, to lawsuits based on international, federal, and state law, to technological innovations such …

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Climate Change
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How Will Businesses and the Insurance Industry Respond to the Growing Threat of Climate Change?

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 are further compromised. The overall consequences can be far reaching and as yet, we are not able to comprehend the vast nature of the risk.

Even more recently there are …

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