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Environmental Law

Faculty Scholarship

Series

2016

Climate Central

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Full-Text Articles in Law

Preparing Clients For Climate Change, Michael B. Gerrard Jan 2016

Preparing Clients For Climate Change, Michael B. Gerrard

Faculty Scholarship

The United Nations Climate Change Conference in Paris in December 2015 was rightly hailed as a diplomatic triumph. After years of preparation and two weeks of hard bargaining, 195 nations agreed on a framework for reducing greenhouse gas (GHG) emissions and heading off the worst impacts of climate change. Two implications of the Paris agreement were less heralded:

  1. If nations (including the United States) fulfill the voluntary pledges they made, they will embark on a massive transition away from fossil fuels and toward clean energy, including programs of unprecedented magnitude to build renewable energy facilities.
  2. Even if all nations do …