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Sunday 16 August 2009

What Attorneys Say About GHG Magnagement

The following is a quote from a statemtn from The Metropolitan Corporate Counsel suggesting what should be done in anticipation of coming changes in Green House Gas Emisions.

-Editor

"The foregoing questions highlight uncertainties in potential GHG regulation. In light
of contingent liabilities that may arise out of new legal requirements, and in order for firms
to transition proactively while these and other issues are sorted out, corporate managers
Should implement a GHG compliance program that targets the following objectives:

  • Identify and report GHG emissions and associated material risks in compliance with applicable securities laws and best practices;
  • Mitigate GHG levels by, for example, improving energy efficiency, using alternative
    fuels and renewable energy, investing in carbon capture and sequestration technology,
    and considering climate risks in project finance and corporate transactions."
The Rest @ The Metropolitan Corporate Counsel

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