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Net Zero Pledges by Businesses are Fraught with Risk

Green Building Law Update

Businesses making a net zero claim like, “we will be net zero by 2030” risk a charge that they are misleading consumers. We view our role as articulating and then mitigating for a business what is now termed “carbon asset risk” which includes a business claim of net zero. The more likely and larger risk is certainly to reputation.

Risk 156
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FERC Decision Puts State Renewable Portfolio Standards At Risk

Green Building Law Update

In a decision that critics have called “unprecedented” the Federal Energy Regulatory Commission on December 19, 2019 issued an Order Establishing Just And Reasonable Rate “to protect the competitive capacity market administered by PJM Interconnection, L.L.C.” state renewable portfolio standards) the loser.

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Companies are Preparing for ESG Disclosure Rules

Green Building Law Update

In an initial move, the only Department of Labor regulation listed for review by the Biden Administration is the so called ESG Rule published in the Federal Register on November 13, greatly limiting the use of ESG information in certain retirement plans. But the risks associated with ESG disclosures are real and should not be underestimated.

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Top 10 Environmental Blog Posts for the Roaring ‘20s

Green Building Law Update

We are supremely confident that our business philosophy of “environmental risk as an opportunity” remains right for the times. What You Can Say about RECs is Regulated by the FTC. Nurdles are the Environmental Calamity of 2019. you can click on the title to link to the post): 179D Tax Deduction Brought Back to Life thru 2020.

Maryland 156
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SEC to Update Required Climate Related Disclosures

Green Building Law Update

Securities and Exchange Commission Allison Herren Lee, offered insight into the future direction of mandatory climate change disclosures and new ESG regulation, when she directed the Division of Corporation Finance to enhance its focus on climate related disclosure in public company filings. Senate, and sworn into office on July 8, 2019.

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COVID-19 Liability for Building Owners

Green Building Law Update

courts have never addressed a pandemic like SARS-CoV-2 (the current designation for what had been the Novel Coronavirus 2019). a) knows or by the exercise of reasonable care would discover the condition, and should realize that it involves an unreasonable risk of harm to such invitees, and. (b) With Covid-19 spreading across the U.S.

Liability 293
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Rooney Rule Revised Provides ESG Opportunity

Green Building Law Update

The NFL has tinkered with the Rooney Rule several times since the embarrassing hiring cycle following the 2019 season when just one of five coaching vacancies was filled by a person of color. Some businesses, including companies not subject to SEC regulation use the agency’s tool.