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Full-Text Articles in Law
Disclosure Of Private Climate Transition Risks, Michael P. Vandenbergh
Disclosure Of Private Climate Transition Risks, Michael P. Vandenbergh
Vanderbilt Law School Faculty Publications
This Article identifies a gap in the securities disclosure regime for climate change and demonstrates how filling the gap can improve fi nancial disclosures and accelerate climate change mitigation. Private climate initiatives have proliferated in the last decade. Often led by advocacy groups, these private initiatives have used naming and shaming campaigns and other means to induce investors, lenders, insurers, retail customers, supply chain customers, and employees to pressure firms to engage in climate change mitigation. Based on an empirical assessment of the annual reports filed with the Securities and Exchange Commission (SEC) by Fortune 100 firms and the largest …
The Role Of Private Environmental Governance In Climate Adaption, Michael P. Vandenbergh, B. M. Johnson
The Role Of Private Environmental Governance In Climate Adaption, Michael P. Vandenbergh, B. M. Johnson
Vanderbilt Law School Faculty Publications
This Article examines the role of private environmental governance (PEG) in climate change adaptation. PEG occurs when private organizations perform traditionally governmental functions such as providing public goods and reducing negative externalities. PEG initiatives that target climate change mitigation have expanded rapidly in the last decade and have been the subject of research in multiple fields, but PEG initiatives that target climate change adaptation have received less attention. As a first step, the Article develops a definition of private governance regarding climate adaptation, identifies several types of PEG adaptation initiatives, and briefly identifies research gaps.
Forks In The Road, Michael P. Vandenbergh, J. M. Gilligan
Forks In The Road, Michael P. Vandenbergh, J. M. Gilligan
Vanderbilt Law School Faculty Publications
This Essay outlines a simple heuristic that will enable public and private policymakers to focus on the most important climate change mitigation strategies. Policymakers face a dizzying array of information, pressure from advocacy groups, and policy options, and it is easy to lose sight of the forest for the trees. Many policy options are attractive on the surface but either fail to meaningfully address the problem or are unlikely to be adopted in the foreseeable future. If policymakers make the right decision when confronting three essential choices or forks in the road, though, the result will be 60% to 70% …