On June 30, 2022, the United States Supreme Court handed down its opinion in West Virginia v. Environmental Protection Agency, holding by a 6-3 majority that the U.S. Environmental Protection Agency (“EPA”) overstepped its...more
The State of New York is continuing to implement the New York Climate Leadership and Community Protection Act (CLCPA), which set a December 31, 2020 deadline for the promulgation of statewide greenhouse gas (GHG) emission...more
The State of New York is mobilizing to implement the economy-wide greenhouse gas (“GHG”) emission reductions required by the New York Climate Leadership and Community Protection Act (“CLCPA”). This landmark statute, which...more
Climate change is expected to have a significant impact on existing real estate. According to a government assessment, by 2050 up to $106 billion of United States real estate will be below sea level....more
5/21/2020
/ AAI ,
Building Codes ,
Climate Change ,
Due Diligence ,
Environmental Protection Agency (EPA) ,
FEMA ,
Flooding ,
Greenhouse Gas Emissions ,
Real Estate Development ,
Real Estate Investments ,
Rising Sea Levels
On June 20, 2019, the New York State legislature enacted the Climate Leadership and Community Protection Act. Governor Andrew Cuomo is expected to sign the bill into law....more
6/24/2019
/ Air Pollution ,
Climate Action Council ,
Climate Change ,
Community Protections ,
Department of Environmental Conservation ,
Electricity ,
Energy Efficiency ,
Environmental Justice ,
Fossil Fuel ,
Governor Cuomo ,
Greenhouse Gas Emissions ,
Pending Legislation ,
Renewable Energy ,
Toxic Exposure
The gravity of the problem of climate change is rapidly coming into focus. On November 23, 2018 thirteen federal agencies under the leadership of the National Oceanic and Atmospheric Administration, including among others the...more
1/9/2019
/ Acquisitions ,
Climate Change ,
Corporate Counsel ,
Corporate Social Responsibility ,
Department of Energy (DOE) ,
Due Diligence ,
Energy Sector ,
Environmental Protection Agency (EPA) ,
Financial Reporting ,
Global Warming ,
Information Reports ,
Mergers ,
NOAA ,
Popular ,
Risk Assessment ,
Risk Management ,
Supply Chain ,
Target Company
On November 23, 2018, the United States government released Volume II of its Fourth National Climate Assessment. The report assesses the effects of the expected rise in sea levels resulting from global climate change,...more
12/19/2018
/ Building Codes ,
Climate Change ,
Coastal Real Estate ,
Due Diligence ,
Environmental Protection Agency (EPA) ,
FEMA ,
Flooding ,
Greenhouse Gas Emissions ,
Information Reports ,
National Flood Insurance Program ,
Real Estate Development ,
Real Estate Investments ,
Rising Sea Levels
The financial sector is beginning to face up to the reality of climate change. Increasingly, banks and other financial institutions are managing the immense pool of capital they control with an eye towards the risks posed –...more
In January 2016, the G20’s Financial Stability Board organized a task force, chaired by Michael Bloomberg, to come up with recommendations for a uniform framework for the disclosure of financial risks and opportunities...more