Developments in Global Climate-Change Regulation
Feb. 16 marked a milestone in the international effort to address global climate change. On that day, the Kyoto Protocol came into force—without the United States' participation.
The United States' failure to adopt the Kyoto Protocol, however, does not mean that U.S. companies and the attorneys who represent them can safely ignore climate-change issues. To the contrary, a varied and dynamic set of laws, regulations and incentives directed towards limiting the emission of so-called greenhouse gases (GHGs) such as carbon dioxide continues to develop at the international, national and local level.