December 2009

The Top 7+ Climate Change Insurance Topics for the New Year

December 31, 2009 02:38
by J. Wylie Donald
Crystal balls are preferred by some over tea leaves; others resort to reading entrails. We all seek some assistance as we peer into the future at the cusp of a new year and a new decade. I am no exception, my divining rod: an imprecise dialog with peers and the ever-probing investigation of Google. So here goes a look at coverage in a world of climate change in 2010. 1. The lead story in this area will have to be a decision in Steadfast Insurance Company v The AES Company. In July 2007 Steadfast brought suit against its insured to ascertain coverage obligations in the climate change lawsuit, ...

Climate Change | Insurance

Senator Kerry's, Lieberman's and Graham's Climate Change "Framework" Lacks Substance

December 12, 2009 18:15
by J. Wylie Donald
In a bid to give some muscle to United States climate change negotiators in Copenhagen, Senators Kerry, Graham and Lieberman unveiled Thursday a "framework" for a Senate climate change bill. See  The thinking is that U.S. credibility took a big hit when the Kyoto Protocol died in the Senate. This time, any agreement will be informed by the position of the Senate, communicated to the world at large.   So what exactly was this position? The envisioned bill will do the following:   Produce bett...

Climate Change

Needed: Action at Copenhagen

December 6, 2009 18:05
by J. Wylie Donald
What is it about Denmark?  Several hundred years ago a Danish prince couldn't make up his mind about a certain King Claudius and there was hell to pay.  Tomorrow, the leaders of the world (or their representatives) will gather in Copenhagen, and, if everything I read is correct, won't be able to make up their collective minds and there will be hell to pay.   Humankind has set loose on the world's stage a specter, Climate Change, impossible to grasp, subject to many disagreements, and of violent character.  To tame it, an army of diplomats gathered and playe...

Climate Change | Climate Change Litigation | Insurance | Weather


The business case for the development of renewable energy projects, from biodiesel and ethanol to wind, solar, and distributed generation, is more compelling than ever as tax and regulatory incentives combine to attract investments. Emerging issues in environmental law and increasingly recognized principles of corporate social responsibility are encouraging public companies to voluntarily reduce greenhouse gas emissions, install clean energy alternatives, and invest overseas in projects under the Kyoto Protocol to respond to climate change concerns.

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