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U.S. Greenhouse Gas Emission Bottlenecks: Prioritization Of Targets For Climate Liability, Alexis Pascaris, Joshua M. Pearce Aug 2020

U.S. Greenhouse Gas Emission Bottlenecks: Prioritization Of Targets For Climate Liability, Alexis Pascaris, Joshua M. Pearce

Michigan Tech Publications

Due to market failures that allow uncompensated negative externalities from burning fossil fuels, there has been a growing call for climate change-related litigation targeting polluting companies. To determine the most intensive carbon dioxide (CO2)-emitting facilities in order prioritize liability for climate lawsuits, and risk mitigation strategies for identified companies as well as their insurers and investors, two methods are compared: (1) the conventional point-source method and (2) the proposed bottleneck method, which considers all emissions that a facility enables rather than only what it emits. Results indicate that the top ten CO2 emission bottlenecks in the U.S. …