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Horizon Issues: Energy -- Energy Companies and Climate Change Regulation
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May 1, 2008
Previously published by LexisNexis® Martindale-Hubbell® Counsel to Counsel Magazine on May 2008
All energy companies, and particularly coal producers, must deal proactively with the likely Congressional passage of climate change legislation to reduce greenhouse gas emissions. In early 2008, the legislative proposal with the most support, America's Climate Security Act of 2007 (commonly called the Lieberman-Warner Act), would require all industry sectors to reduce greenhouse gas emissions 15 percent from 2005 levels by 2015, and up to 70 percent by 2050.
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The views expressed in this article are solely the views of the author and not Martindale-Hubbell. This article is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
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