Energy Companies Confront Climate Change

Law360, New York (May 23, 2007, 12:00 AM EDT) -- Most major energy companies are taking proactive steps to address climate change concerns, despite uncertainty about the form future regulations might take, and the possibility that forward-thinking companies might not get credit for previous initiatives under new regulations.

Climate change is a major concern for major energy companies, even though regulatory measures have yet to coalesce. Companies are dealing with uncertainties about how stringent greenhouse gas emission restrictions will be and if a cap and trade program will be implemented, according to Bill Bumpers, head of...
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