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Home > "Climate Liability Is On The Rise. Here's What It Looks Like"

"Climate Liability Is On The Rise. Here's What It Looks Like" [1]

"In November 2018, the blaze that would become known as the Camp Fire ravaged the wooded hills of California's Butte County.

Six months after the inferno that killed 85 people and reduced thousands of homes and businesses to ash, authorities announced that power lines run by Pacific Gas & Electric Co. — the state's largest electric utility — started California's deadliest wildfire.

The company, which filed for bankruptcy protection in January, may have to pay billions of dollars for the fire. Insurance companies, in turn, are denying insurance claims to homeowners in wildfire risk zones — made riskier, research suggests, by climate change.

From insurance claims to adaptation concerns to fiduciary duty violations, companies and federal agencies could be on the hook for climate change's consequences, beyond the nuisance and constitutional claims already raised in high-profile litigation."

Jennifer Hijazi reports for ClimateWire August 5, 2019. [2]

Climate Change [3]
Disasters [4]
Economy & Business [5]
Laws & Regulations [6]
National (U.S.) [7]
Public [8]
Source: ClimateWire [2], 08/06/2019
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Source URL:https://www.sej.org/headlines/climate-liability-rise-heres-what-it-looks

Links
[1] https://www.sej.org/headlines/climate-liability-rise-heres-what-it-looks [2] https://www.eenews.net/stories/1060850731 [3] https://www.sej.org/category/topics-beat/climate-change [4] https://www.sej.org/category/topics-beat/disaster [5] https://www.sej.org/category/topics-beat/business [6] https://www.sej.org/category/topics-beat/laws [7] https://www.sej.org/category/region/national [8] https://www.sej.org/taxonomy/term/81