Preparing for Climate Change Regulations: Seven Questions Companies Need to Consider

Few areas of the law are more daunting, fluid and increasingly complex than the emerging field of climate change law.

Even as all three branches of federal government move toward their own forms of GHG regulation, there is gathering momentum for regulation at local, state, regional, and international levels. Although the outcome of these efforts is anything but clear, some form of GHG regulation is nearly certain. And if solutions are tied to mitigating the impact of climate change and transitioning toward energy independence, resulting regulation could transform the U.S. economy.

While attempting to anticipate and fully prepare for impending regulation is not practical, answering several fundamental questions could help many U.S. companies assess their readiness—and take steps to prepare for what comes next. Read more...

Reprinted with permission of Bloomberg Finance L.P. (2009)