10 Jan, 2023 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...
10 Jan, 2023 Latest Climate Change Tort Lawsuit Brings Civil RICO Claims By Jacob H. Hupart Beginning in 2017, an array of state and local governments have pursued tort claims against major fossil fuel producers (e.g., the major...
16 Sep, 2022 Republican Senators Press Judicial Nominee to Third Circuit on ESG Issues By Jacob H. Hupart During the Senate Judiciary Committee's hearing on the nomination of Delaware Supreme Court Justice Montgomery-Reeves to the Third...
16 May, 2022 Organizations Taking Into Account Increased Wildfire Risk Due to Climate Change By Jacob H. Hupart A non-profit research group, First Street Foundation, recently released data that calculates the wildfire risk for each property in the...
12 Jan, 2022 Delaware's Lawsuit Against Fossil Fuel Companies is Remanded to State Court By Jacob H. Hupart The federal district court in Delaware has remanded the climate change lawsuit filed by the State of Delaware against a variety of fossil...
05 Jan, 2022 Canada Announces Plan for Mandatory Climate Financial Disclosures By Jacob H. Hupart Canadian Prime Minister Justin Trudeau recently announced a plan to compel companies to issue climate-related financial disclosures. ...
19 Nov, 2021 Rating Agency Identifies Increased Use of ESG Metrics in Credit Agreements By Jacob H. Hupart Fitch Ratings, one of the three major credit rating agencies, recently issued a report noting the increasing use of ESG metrics in credit...
30 Sep, 2021 Commissioner Crenshaw Highlights SEC Focus on Climate Issues By Jacob H. Hupart Last week, during a program on "Building the Financial System of the 21st Century," in the course of a speech principally focused on...
23 Sep, 2021 SEC Releases Sample Letter Concerning Climate Change Disclosures By Jacob H. Hupart Yesterday, the SEC released a sample letter to companies concerning climate change disclosures. Relying upon the guidance the SEC issued...
17 Sep, 2021 Vermont Files Climate Change Lawsuit Against Major Oil Companies By Jacob H. Hupart Earlier this week, Vermont became the latest state to file a lawsuit against the major oil companies featuring allegations focusing on...
17 Sep, 2021 House Oversight Committee Investigating Climate Change Disinformation By Jacob H. Hupart In yet another front of the multifaceted government campaign against climate change, the House Oversight Committee is now investigating...
15 Sep, 2021 SEC Chairman Gensler's Senate Testimony Reaffirms focus on ESG Disclosures By Jacob H. Hupart Yesterday, SEC Chairman Gensler testified before the Senate Committee on Banking, Housing, and Urban Affairs. His remarks were...
05 Aug, 2021 Climate Change Litigation: Taxation as Alternative? By Jacob H. Hupart Over the past several years, a number of municipalities and other public sector actors have launched a series of lawsuits against the...
30 Jul, 2021 SEC Chairman Gensler Offers Guidance On Potential Climate Risk Disclosures By Jacob H. Hupart In a speech yesterday in a webinar hosted by the Principles for Responsible Investment, SEC Chairman Gensler offered additional clarity...
20 Jul, 2021 SEC Appoints Climate Counsel to Policy Team By Jacob H. Hupart On Friday, SEC Chairman Gensler announced the appointment of five lawyers to his policy staff. Among them is one individual--Mika Morse,...
30 Jun, 2021 Commissioner Lee Emphasizes the Role and Responsibilities of the Corporate Board Concerning ESG and Climate Change By Jacob H. Hupart In recent remarks delivered by Commissioner Lee at the Society for Corporate Governance, she took the opportunity to again focus on the...