Readying For ACES And Climate Change

Law360, New York (September 14, 2009, 12:40 PM EDT) -- It appears certain that there will be climate change legislation in the United States in the near future. As a result, we expect that both upstream and downstream sources of greenhouse gas emissions will face increased economic costs.

While the final content of such legislation remains unclear, we believe that companies that are significant sources of GHGs can benefit by anticipating such regulation now, developing plans to reduce emissions, banking unnecessary emissions at GHG-producing facilities if possible and creating verifiable, additional and permanent offset credits where...
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