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    Sunday
    31Jan2010

    SEC Issues Corporate Climate Change Disclosure Standards

    DateSunday, January 31, 2010 at 10:26AM

    On January 27, 2010 the U.S. Securities and Exchange Commission (SEC) approved guidelines requiring companies to consider and disclose the impact that business or legal development related to climate change may have on its business.  Federal securities laws and SEC regulations require companies to disclose material information or information that an investor should possess in order to decide whether to buy a company’s stock.  The interpretive guidance was issued in response to investors who said companies aren’t providing enough data on the potential risks to their profits and operations from environmental protection laws and climate change risks.

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    Friday
    29Jan2010

    Litigation Update: Kivalina Strikes Back

    DateFriday, January 29, 2010 at 11:47PM

    The coastal village of Kivalina, Alaska, whose federal lawsuit seeking to hold oil and energy companies responsible for the effects of climate change was dismissed in November 2009 by the United States District Court, has filed an appeal to the 9th Circuit Court of Appeals.

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    Thursday
    28Jan2010

    U.S. Circuit Courts of Appeals Allow Tort-Based Litigation for Damages Arising From Greenhouse Gas Emissions

    DateThursday, January 28, 2010 at 1:44PM

    While legislation to regulate greenhouse gas (“GHG”) emissions may be facing an uphill battle in the Senate, lawsuits claiming global warming damages are becoming a real issue for emitters of GHGs. In late 2009, two circuits of the U.S. Circuit Courts of Appeals made threshold determinations that plaintiffs in suits based on global warming had standing to bring such claims into court.

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    Tuesday
    26Jan2010

    Insurers Discuss "Green" Products and Mitigating Disaster at the Climate Risk Summit

    DateTuesday, January 26, 2010 at 10:43AM

    As reported in the P&C National Underwriter, while world leaders were congregating in Copenhagen to discuss global warming, insurers attended the Climate Risk Summit in San Francisco, CA, sponsored by the National Association of Insurance Commissioners (“NAIC”).  At this forum, insurers discussed a variety of products and initiatives which their insurance companies have offered consumers to address the risks accompanying global warming. 

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    Monday
    25Jan2010

    Politics Swirl Around EPA Regulations

    DateMonday, January 25, 2010 at 11:46AM

    Senator Lisa Murkowski (R. AK) introduced a disapproval resolution on January 21, 2010, seeking to veto retroactively the Environmental Protection Agency’s finding that greenhouse gases endanger public health and welfare, a threshold determination for other pending climate rules.

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