Implications of Growing Climate Change Momentum for the Energy Industry
Presenters: Ben Clapp, Julie Domike, and Kevin Garber, Babst Calland
Increased public concern about addressing climate change has resulted in a building momentum of political and public pressure to transition to a low-carbon economy. This pressure has spurred novel litigation theories, far-reaching legislative proposals, shareholder activism, corporate climate change policies and other business responses. This program will address:
o Some of the sources of this this pressure – lenders, investors, insurers
o Key U.S. legal decisions and ongoing litigation related to climate change
o Prominent federal and state legislation (including recent developments the Regional Greenhouse Gas Initiative in the northeast states),
o How corporations in the energy industry are reacting - corporate sustainability announcements and goals, SEC filings, restructuring and divestitures