The effects of climate change and the transition to a low-carbon economy present emerging climate-related financial risks. Across industries, companies face physical risks (such as more frequent extreme weather events that...more
On May 17, 2021, Washington Governor Jay Inslee signed into law the Climate Commitment Act. The legislation creates a market-based, economy-wide cap-and-trade program for greenhouse gas emissions in Washington state. The...more
Under President Biden, the federal government will dramatically alter the way it calculates the social cost of greenhouse gases (GHGs). In his first day in office, President Biden issued an Executive Order re-establishing the...more