In an Expert Analysis published in Law360, Mark Kaplan, CFA offers his thoughts on the role economic analysis might play in SEC enforcement of climate-related matters. In the article, he first summarizes the SEC’s ongoing development of climate risk disclosure rules and the SEC’s focus on identifying climate risk disclosure gaps and misstatements. He then provides a brief overview of SEC economic analysis of corporate misstatements. Finally, he discusses several potential economic risks to corporations as climate risk disclosure enforcement likely increases in the future, providing examples of how the SEC might assess economic benefits to a corporation from material gaps or misstatements in climate risk disclosures.

Law360 published a piece co-authored by Jamie Donovan and Kenneth Grant of Berkeley Research Group exploring the rising tensions between states’ climate policies and investment treaty duties.
They note the absolute need for states, investors, and tribunals to comprehend the evolving economics of power generation and the opportunity to allow states more flexibility in climate policy.