• Climate for Change -- and Opportunity
  • June 19, 2007 | Authors: Robert L. Graham; Gabrielle Sigel
  • Law Firm: Jenner & Block LLP - Chicago Office
  • Global climate change, no matter what its scientific acceptance, is a regulatory and business reality. The U.S. Supreme Court's 2007 Massachusetts v. Environmental Protection Agency ruling that the EPA can regulate mobile source greenhouse gas emissions under the Clean Air Act illustrates this fact. However, says Gabrielle Sigel, co-chair of Jenner & Block's Climate and Clean Technology Law Practice, many major companies are moving ahead of regulatory action to develop "verifiable, transparent and clearly articulated strategies for reducing their greenhouse gas emissions." Such strategies may involve significant costs and even business disruption for organizations, but Robert L. Graham, also co-chair of Jenner & Block's Climate and Clean Technology Law Practice, believes they will create substantial opportunities. By Counsel to Counsel Editor John M. Toth