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Full-Text Articles in Law
New York City Relaxing Environmental Review Rules For Housing Construction, Michael B. Gerrard
New York City Relaxing Environmental Review Rules For Housing Construction, Michael B. Gerrard
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Faced with a severe housing shortage, New York City is exempting the construction of much new housing from the environmental review processes and taking many other steps to encourage such construction throughout the city. Several of these moves will also help the transition away from fossil fuels to renewable energy.
California And Europe Require Scope 3 Climate Disclosures Despite Sec Retreat, Michael B. Gerrard
California And Europe Require Scope 3 Climate Disclosures Despite Sec Retreat, Michael B. Gerrard
Faculty Scholarship
In March 2022, the U.S. Securities and Exchange Commission (SEC) issued proposed regulations on disclosure of climate-related information by public companies, including their material Scope 3 greenhouse gas (GHG) emissions. This created a firestorm, drawing more than 24,000 comment letters.On March 6, 2024, the SEC issued its final rule, significantly narrowing the requirements and, notably, eliminating the Scope 3 disclosures. Companies that do not want to make Scope 3 disclosures should not rejoice and environmental advocates and others who do want to see such disclosures should not despair, because new requirements from both California and Europe do mandate this information …