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Environmental Law

2009

Articles in Law Reviews & Other Academic Journals

Corporate strategy

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Full-Text Articles in Law

Climate Change, Corporate Strategy, And Corporate Law Duties, Perry E. Wallace Jan 2009

Climate Change, Corporate Strategy, And Corporate Law Duties, Perry E. Wallace

Articles in Law Reviews & Other Academic Journals

Although greenhouse-gas management now ranks among the world’s great challenges, this status did not obtain instantly—or easily. Today, however, reservations about the validity of global warming as a major threat are fading. They are fading, appropriately, as rapidly as some ice sheets and glaciers are melting. Indeed, the steady flow of new, compelling evidence joins an already considerable base of scientific, economic, and other certainties about the subject.

The result of this evolution in climate-change certainty has been major change of global dimensions. In notable ways, the structures and the functions of governmental, economic, and social institutions around the world …