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It's now a legal problem (about corporate liability for greenhouse emissions)

Author
Healy K., Tapick J.
Journal/Series
The Environmental Forum | Vol. 20(6); 30 - 35; 6 p.
Date
2003
Source
IUCN (ID: ANA-071021)
Publisher | Place of publication
Environmental Law Institute | Washington, DC, USA
Document type
Article in periodical
Language
English
Country/Territory
United States of America
Subject
Air & atmosphere
Keyword
Liability/compensation Emissions
Abstract

Real issues of liability are looming for firms that emit greenhouse gases or manufacture products that do. Boards and officers face potential legal exposure based on their fiduciary responsibilities to protect assets by reducing risk and directing capital investment. And assets are increasingly affected by the public, including shareholderss who are organising to pressure exposed companies. It is time for lawyers to get into the fray