Two articles in the June 26, 2009 edition of the Wall Street Journal highlighted two interesting items of potential concern to US companies who are planning their carbon or GHG strategies. The articles (links posted below) discuss
- new regulatory uncertainties of an emerging US GHG cap and trade mechanism. A new round of technical backlash is arising from respected scientists around the world concerning the previously-touted scientific consensus on GHG emissions contribution to global climate change.
- Financial institution concerns about the trading controls included in the current version of the American Clean Energy and Security Act.
There continues to be the need for US-companies to conduct a thorough business risk assessment of potential GHG trading plans and strategies.