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Can California’s cap and trade address environmental justice?

GreenBiz

Pollution, poverty and race collide in many other disadvantaged communities across California — and the country — and some argue that the state’s climate policies haven’t helped. The overall "cap" lowers every year, forcing polluters to reduce their emissions or purchase allowances from others who do. As the U.S.

Pollution 432
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The Business Roundtable’s statement of purpose, one year on

GreenBiz

And that anything businesspeople might do otherwise would be part of "the socialist view that political mechanisms, not market mechanisms, are the appropriate way to determine the allocation of scarce resources to alternative uses.". As I noted in a 2006 essay on the occasion of Friedman’s passing: We know better now.

Politics 408
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Tory Lord’s Firm Awarded New North Sea Oil and Gas Licences

DeSmogBlog

The billionaire financier is a former party treasurer and raised an estimated £70 million for the Tories between 2006 and 2010. The Guardian and the Good Law Project also revealed today that EnQuest Heather, a subsidiary of EnQuest, had been awarded a new oil and gas licence. The Conservatives received £3.5

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Campaigners Sued an Oil Major For Climate Deception. Now the Company Is Preparing to Sue Them Back.

DeSmogBlog

Under Italian law, a request for mediation is a mandatory prerequisite for filing a defamation lawsuit. As climate disasters wreak havoc across the world, increasing numbers of climate-vulnerable communities , individuals, and local governments have been taking the corporations most responsible for climate pollution and deception to court.

Law 81
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Shareholder Activism Faces Big Oil Obstruction Playbook When Pushing for Climate Action

DeSmogBlog

ExxonMobil, Chevron, and BP used these strategies in opposition to shareholder climate and transition-related proposals between 2006 and 2022 to successfully minimize the impact of climate-related and environmental shareholder activism. Most of the proposals proved unsuccessful in the face of these strategies. So how do you go against that?”

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The Life and Death of a Pioneering Environmental Justice Lawyer

DeSmogBlog

Bespectacled, tall, and barrel-chested, with blonde hair and a beard punctuated by gray, Cole stood confidently before a classroom of conference attendees at a University of Oregon environmental law symposium in 2008, less than a year before his death. Abascal gave Cole a desk and a phone, and Cole got to work. Early Influences.

Law 100
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Pricing the priceless

Business Green

I still remember a school lesson where the concept of polluting externalities and market failures were explained, before the class then quickly moved on to a curriculum which largely glossed over how almost everything we were being taught was basically broken by these unaccounted for external factors.