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A clear imperative in addressing the climate crisis is to turn finance promises into climate action. This article explores this challenge through the lens of the emerging concept of ‘legal readiness for climate finance’. It is defined as the degree to which a country has coherent regulatory...
Persistent link: https://www.econbiz.de/10014361289
Corporate pledges to achieve net zero greenhouse gas emissions in line with the international Paris Agreement on climate change are proliferating around the world, including in Australia. Regulatory drivers include corporate law obligations to identify, disclose and manage climate-related...
Persistent link: https://www.econbiz.de/10014260658
Given the urgent need to dramatically reduce greenhouse gas emissions, and concern regarding insufficient climate action and ambition across the globe, NGOs and individuals are increasingly turning to the courts to force States, public authorities, and private entities to increase their climate...
Persistent link: https://www.econbiz.de/10012795452
This article focuses on legal developments since mid-2011 relating to the control of both carbon dioxide (CO2) and conventional pollutants from coal-fired electric power plants. It deals as briefly as possible with pre-2011 issues that are discussed in the author's numerous publications over the...
Persistent link: https://www.econbiz.de/10013089766
Although “cap and trade” programs for reducing greenhouse gas (GHG) emissions are often discussed as a viable program for the United States (U.S.), it is unlikely that any such program will be adopted in the near future, but there are other options available that President Obama and the...
Persistent link: https://www.econbiz.de/10013092820
This paper critically analyses the policy options for establishing a carbon price in Australia in the post-Kyoto context in the light of the Henry Review and other developments. The paper considers some of the key literature in support of market based instruments including a critical analysis of...
Persistent link: https://www.econbiz.de/10013071961
Given the absence of comprehensive, economy-wide regulation of greenhouse gas emissions, the National Environmental Policy Act (NEPA) and its state-level counterparts have been on the frontline of the climate change fight. Indeed, the issue of when and how project proponents must evaluate (1) a...
Persistent link: https://www.econbiz.de/10013072004
This collection considers the future of climate innovation after the Paris Agreement. It analyses the debate over intellectual property and climate change in a range of forums – including the climate talks, the World Trade Organization, and the World Intellectual Property Organization, as well...
Persistent link: https://www.econbiz.de/10012926480
Recent advances in technology and the consequent decline in manufacturing costs are making energy storage systems a central element of energy and climate change policy debates across the nation. Energy storage systems have the potential to provide many benefits such as lower electricity prices...
Persistent link: https://www.econbiz.de/10012901771
We examine whether and how lending banks around the world respond to borrowers' carbon emissions – the major contributors to global warming – in their lending decisions. We find that banks charge a higher loan spread and apply stricter non-price terms to borrowing firms with larger direct...
Persistent link: https://www.econbiz.de/10012892350