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AES Agrees To Climate Change Disclosure Protocol with NY Attorney General: Is SEC Guidance For Climate Change Disclosure Next?
From: SPR Environmental Law Blog
On November 19, The AES Corporation (”AES”) entered into a settlement with the Attorney General of the State of New York (”NYAG”) regarding disclosure of climate change risk to investors.  This is the third such settlement with the NYAG by a major power company (the other two settling power companies were Xcel Energy and Dynegy).  [...]
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The Not-So-Skeptical Environmentalist
Bjorn Lomborg (a/k/a the “Skeptical Environmentalist”) has apparently had a change of heart regarding climate change.  According to the Guardian: The world’s most high-profile climate change sceptic is to declare that global warming is “undoubtedly one of the chief concerns facing the world today” and “a challenge humanity must confront”, in an apparent U-turn that [...]

More | Legal Planet: Environmental Law and Policy
Solicitor General Urges Supreme Court to Vacate Second Circuit’s Climate Change Decision, Bar Nuisance Suits for Climate Change
In a significant and surprising development, on August 24 the Solicitor General of the United States filed a brief in the Supreme Court asserting that a groundbreaking climate change decision by the Second Circuit Court of Appeals should be vacated and remanded for further consideration. The brief, submitted on behalf of the Tennessee Valley Authority [...]
More | SPR Environmental Law Blog
Solicitor General Urges Supreme Court to Vacate Second Circuit’s Climate Change Decision, Bar Nuisance Suits for Climate Change
In a significant and surprising development, on August 24 the Solicitor General of the United States filed a brief in the Supreme Court asserting that a groundbreaking climate change decision by the Second Circuit Court of Appeals should be vacated and remanded for further consideration. The brief, submitted on behalf of the Tennessee Valley Authority [...]
More | SPR Environmental Law Blog
US- Great leap forward on climate change
In the last few days, the US government has taken two of the critical steps towards serious action on climate change that the Bush administration fought off for eight years.Post from: Saxe Environmental Law News Related posts:Federal climate change legislation? For the sUS rushing to prepare for GHG reporting, and maybe cap and trade The US EPAAmerican election will force Canada to take action on climate change With yest
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Climate Risk Disclosures -- Coming Soon to a 10-K Near You?
The U.S. Securities and Exchange Commission is re-examining its rules regarding whether companies should or must disclose climate change related risks. According to an article in ClimateWire, revisions could be issued by the end of October. On Friday, SEC Commissioner Elisse Walter said that SEC staff are working on preparing recommendations, and two options are still on the table. One option is a rule-making that would set specific rules for disclosing climate risks. The other would be a re-interpretation of Form 10-K disclosure rules to require companies to disclose and comment on operations tied in with mitigating climate-change risks. These changes likely result from frequent criticism by shareholder groups that companies are ducking requirements under the current SEC rules to disclose...
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