Environment & Energy Report (original) (raw)

Environment & Energy Report

A chemical fire at a plant in Louisiana was the result of Hurricane Laura in 2020.

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Cocoa Traders Say EU Deforestation Law Set to Fail

Major cocoa traders have asked the European Union to delay new environmental rules aimed at tackling deforestation amid mounting criticism.

Green Bonds Aren’t Driving Climate Action in US, Study Says

Almost all green bonds issued in the US fail to drive real action to tackle climate change, undermining the merits of a global market that’s grown to more than $3 trillion, according to a study.

AI Speeds Cities’ Lead Pipe Search With EPA Deadline Weeks Away

Detroit is among a few cities using a new artificial intelligence-driven tool to find lead drinking water pipes, saving the city millions of dollars and helping it in its scramble to meet the EPA’s Oct. 16 inventory deadline.

Emissions Dip in Canada as Power Sector Cuts Offset Oil’s Gains

Canada’s emissions likely declined slightly in 2023 as the electricity sector continued to decarbonize, helping offset increases from oil and gas production and rising domestic airline travel.

Lawyers Seeking Big Fees Can Be Less Shamelessly Self-Interested

I’ve covered fee petitions frequently, since they offer a rare look at the economics of a real case. Recently, a simple question started gnawing at me: Why do lawyers make these arguments for themselves?

AI Advisers at UN Push for Scientific Panel to Inform Tech Laws

The United Nations should stand up an independent scientific panel on artificial intelligence similar to its well-known coalition of climate researchers, the body’s AI advisory group said in a report out Thursday.

How Moscow Assembled a Shadow Fleet to Break US Gas Sanctions

A network stretching from Dubai to China is involved in a multi-billion dollar effort to ship gas from Russia’s Arctic LNG facility.

Why Kamala Harris Isn’t Talking About Climate Change

In just over six weeks, Americans will cast their votes in an election with enormous stakes for the planet. Vice President Kamala Harris and former President Donald Trump are offering very different visions of American climate policy: The former wants to build on the Inflation Reduction Act and other Biden initiatives, while the latter has made clear his plan to dismantle them.

Historic Rainfall Inflicts Chaotic Floods Across Four Continents

Severe rains bucketed down on central Europe, Africa, Shanghai and the US Carolinas this week, underscoring the extreme ways in which climate change is altering the weather.

Constellation Sues WM Unit Over $3.8 Million in Renewable Credits

Constellation Energy Generation LLC sued a Waste Management Inc. unit in federal court alleging it failed to sell renewable energy certificates due under contract worth at least $3.8 million.

Wake Up Call: Judge in Trump Docs Case Violated Disclosure Rule

Welcome to Bloomberg Law’s Wake Up Call, a daily rundown of the top news for lawyers, law firms, and in-house counsel.

Apple Gets EU Warning to Open Up iPhone Operating System (2)

Apple Inc. has been warned by the European Union to open up its highly guarded iPhone and iPad operating systems to rival technologies, or eventually risk significant fines under its flagship digital antitrust rules.

L.A. Courthouses Crumble With ‘Run to Failure’ Maintenance

Water valves burst at the Compton Courthouse in Los Angeles on New Year’s weekend 2024, quietly flooding the elevators, stairwells, and a jury room.

Trump Defense Secretary Esper Joins Squire Patton Boggs

Mark Esper joined Squire Patton Boggs as the former US defense secretary plans to advise clients on national security and foreign policy.

Lawyers Seeking Big Fees Can Be Less Shamelessly Self-Interested

I’ve covered fee petitions frequently, since they offer a rare look at the economics of a real case. Recently, a simple question started gnawing at me: Why do lawyers make these arguments for themselves?

Capital One-Discover Deal Hits Roadblock in Bank Merger Overhaul

New federal guidelines calling for stricter reviews of bank deals are likely to present fresh hurdles for Capital One Financial Corp.'s pending $35 billion acquisition of Discover Financial Services.

EU Commissioner-Designate Shouldn’t Get Tax Files, Tridico Says

EU Commissioner Wopke Hoekstra should not get the tax portfolio due to his previous involvement in the so-called Pandora Papers, according to the European Parliament’s tax subcommittee chair Pasquale Tridico.

Cocoa Traders Say EU Deforestation Law Set to Fail (1)

Major cocoa traders have asked the European Union to delay new environmental rules aimed at tackling deforestation amid mounting criticism.

Green Bonds Aren’t Driving Climate Action in US, Study Says (1)

Almost all green bonds issued in the US fail to drive real action to tackle climate change, undermining the merits of a global market that’s grown to more than $3 trillion, according to a study.

Emissions Dip in Canada as Power Sector Cuts Offset Oil’s Gains

Canada’s emissions likely declined slightly in 2023 as the electricity sector continued to decarbonize, helping offset increases from oil and gas production and rising domestic airline travel.

Lawyers Seeking Big Fees Can Be Less Shamelessly Self-Interested

I’ve covered fee petitions frequently, since they offer a rare look at the economics of a real case. Recently, a simple question started gnawing at me: Why do lawyers make these arguments for themselves?

Capital One-Discover Deal Hits Roadblock in Bank Merger Overhaul

New federal guidelines calling for stricter reviews of bank deals are likely to present fresh hurdles for Capital One Financial Corp.'s pending $35 billion acquisition of Discover Financial Services.

L.A. Courthouses Crumble With ‘Run to Failure’ Maintenance

Water valves burst at the Compton Courthouse in Los Angeles on New Year’s weekend 2024, quietly flooding the elevators, stairwells, and a jury room.

Lawyers Seeking Big Fees Can Be Less Shamelessly Self-Interested

I’ve covered fee petitions frequently, since they offer a rare look at the economics of a real case. Recently, a simple question started gnawing at me: Why do lawyers make these arguments for themselves?

Texas Anti-Abortion Pastor Can’t Recover Most of His Legal Fees

A big chunk of attorney fees racked up by an anti-abortion pastor, who defeated claims he made defamatory statements, was tossed by a judge in the latest Texas courtroom clash between rival lawyers over the state’s near total abortion ban.

Anti-ESG 401(k) Republican Bills Package Passed by the House

The US House of Representatives passed a package of bills targeting environmental, social, and governance investing in retirement accounts as Republicans rail against so-called “woke” policies.

Clearview AI, Former Face-Tech Sellers Settle Age Bias Lawsuit

Clearview AI resolved an age discrimination lawsuit brought by two former sales employees who accused the facial recognition company of firing them to hire younger workers, a filing in a New York federal court said.

Black Penn Pharmacist Punished for Falling Asleep Loses Bias Row

The University of Pennsylvania defeated a lawsuit alleging it held a Black pharmacist who fell asleep during an overnight hospital shift to a higher standard and disciplined him because of his race.

L.A. Courthouses Crumble With ‘Run to Failure’ Maintenance

Water valves burst at the Compton Courthouse in Los Angeles on New Year’s weekend 2024, quietly flooding the elevators, stairwells, and a jury room.

Trump Defense Secretary Esper Joins Squire Patton Boggs

Mark Esper joined Squire Patton Boggs as the former US defense secretary plans to advise clients on national security and foreign policy.

Hertz Ruling Keeps ‘Make-Whole’ Payment Focus on Solvent Debtors

Bondholders’ recent appeals court victory against Hertz Corp. came because the car rental giant was solvent, but debate surrounding “make-whole” interest-like payments for certain creditors of insolvent companies is likely still on the table.

Lawyers Seeking Big Fees Can Be Less Shamelessly Self-Interested

I’ve covered fee petitions frequently, since they offer a rare look at the economics of a real case. Recently, a simple question started gnawing at me: Why do lawyers make these arguments for themselves?

Cars’ Biometric Features Must Evolve to Ease Privacy Concerns

Loeb & Loeb’s Allison Cohen and Teodoro Shelby say the legal landscape makes it crucial for automakers to reduce risks associated with use of biometric data in cars and educate consumers.

Apple Tax Verdict Lets Ireland Move Ahead on Foreign Investment

Grant Thornton’s Peter Vale analyzes the 13-billion-euro judgment against Apple, saying that the decades-old time frame limits the case’s impact on multinationals.

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