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Electric Utilities & Climate Risk Disclosure in SEC Filings: Clearing the Air
Beginning of article
I. INTRODUCTION
As scientific understanding of global warming develops, the public outcry to reduce man-made climate change will have far-reaching effects on U.S. companies.1 Regulation of greenhouse gas2 (GHG) emissions and the demand for environmentally friendly technology will impact every sector of the economy.3 However, some industries will feel the financial impacts of global warming more significantly than others.4 Industries that produce GHG emissions may be subject to future federal and state regulations mandating emissions reductions.5 A mandated reduction in emissions may lead to large expenditures to develop the technology necessary to bring such companies into …
