12/2/2024 10:52:47 PM Maine Sues Major Fossil Fuel Companies By Jacob H. Hupart Last week, the State of Maine became the latest state or local government to sue the major fossil fuel companies for damages related to...
10/11/2024 2:04:31 PM State Court Rules California Has Jurisdiction Over Fossil Fuel Companies In Connection With Climate Change Lawsuits By Jacob H. Hupart Over the past several years, there have been more than three dozen lawsuits launched against the major fossil fuel companies seeking...
1/25/2024 2:13:56 PM Delaware Court Significantly Limits the State of Delaware's Climate Change Lawsuit Against Major Fossil Fuel Companies By Jacob H. Hupart On January 9, 2024, a Delaware state court judge issued his opinion on the various motions to dismiss filed in the case brought by the...
12/8/2023 10:12:38 PM Climate Disclosures Continuing to Increase Among Major Companies By Jacob H. Hupart According to a recent ESG report from the Conference Board, the number of major companies issuing climate change risk factor disclosures...
8/15/2023 11:56:05 AM Montana Judge Rules That Youth Plaintiffs' Right to a Healthy Environment Includes Consideration of the Impact of GHG Emissions and Climate Change By Jacob H. Hupart Today, a state court judge in Montana issued a long-awaited ruling in which the court found that the "Plaintiffs have a fundamental...
6/19/2023 2:20:45 PM Newsom's package of bills to advance environmental goals alarms environmentalists (ironic, isn't it?) By Mintz Last month, Governor Newsom attempted to turbocharge California's efforts to combat climate change: he proposed a package of no less than...
6/1/2023 12:46:17 PM How Does Climate Change Create Financial Risk? Ask Insurance Companies. By Jacob H. Hupart Much of the current debate about ESG initiatives and how companies consider the impact of climate change on their operations appears to...
5/16/2023 4:05:28 PM Supreme Court Rejects Efforts By Fossil Fuel Companies to Litigate Climate Change Issues in Federal Court By Jacob H. Hupart Today, the Supreme Court denied the writ of certiorari filed by the major oil companies in a pair of significant climate change cases. ...
3/1/2023 9:21:23 PM Antitrust Practitioners Expect Activity With Climate Issues By Jacob H. Hupart As we have noted previously, a number of Republican politicians had previously identified antitrust law as a potential counter to ESG...
2/17/2023 9:59:11 PM Republican Congressmen Announce ESG Working Group To Counter Federal ESG Regulations By Jacob H. Hupart Last week, the Chairman of the House Financial Services Committee, Patrick McHenry (R-NC), "announced the formation of a Republican...
1/10/2023 11:09:28 PM Chair Powell States Federal Reserve is Not a "Climate Policymaker" By Jacob H. Hupart Today, Chair Powell of the Federal Reserve delivered a speech at the Symposium of Central Bank Independence in Stockholm, Sweden, in...
8/29/2022 6:02:00 PM Texas Identifies Financial Companies Targeted For Divestment Due to "Energy Boycott" By Jacob H. Hupart On August 24, 2022, the Texas Comptroller published a list of ten financial companies (only one of which is U.S.-based) and approximately...
8/9/2022 5:00:33 PM NY Times Reports on Coordinated Effort by Republican Officeholders to Penalize Companies' Efforts to Reduce GHG Emissions By Jacob H. Hupart The New York Times has reported that the State Financial Officers Association has "push[ed] Republican state treasurers, who are mostly...
7/29/2022 3:54:58 PM West Virginia Penalizes Major Companies for Embracing ESG Principles By Jacob H. Hupart Yesterday, the state treasurer of West Virginia formally barred his state from conducting business with five major financial institutions...
7/28/2022 9:58:11 PM A Diffuse Mission for the SEC's Climate and ESG Task Force? By Jacob H. Hupart On July 20, 2022 the SEC issued a press release concerning the resolution of an administrative proceeding in which the defendants...
7/23/2022 1:59:07 PM President Biden's Remarks on Executive Actions in Support of Climate Change Agenda By Jacob H. Hupart Earlier this week, President Biden delivered a speech identifying certain executive actions he planned to undertake in order to advance...