Category: Environmental

Vampire Sandy

28 November, 2012 (15:40) | Cities, Disaster recovery, Environmental, EPA, Housing, Law, Litigation, New York City, Sandy, Torts, US News, Vampires |

By:David A. Smith   When a crypt floods, the rising water floats its coffins, so that when it is reopened, they appear to have been flung about by vampires.   I sure hope it wasn’t toxic waste   Long ago, I learned that when it comes to environmental hazards, the best policy is laissez faire […]

BP BK: Part 2, capping the economic damages

7 July, 2010 (14:13) | Bankruptcy, BP, Capital markets, Contracts, Ecosystem, Environmental, Liability, Litigation, Risk, Risk mitigation, US News |

By: David A. Smith   [Continued from yesterday’s Part 1.]   As we saw in yesterday’s post on risk mitigation, using as our illustrative case the BP mess, using an under-noticed Grist.org article with bankruptcy expert Peter S. Kaufman, BP is facing a toxic American gusher – a spewing mountain of claims that is all […]

BP BK: Part 1, a gushing economic spill

6 July, 2010 (11:35) | Bankruptcy, BP, Capital markets, Contracts, Ecosystem, Environmental, Liability, Litigation, Risk, Risk mitigation, US News |

By: David A. Smith   When the mule becomes stubborn, what do you do?   Flog it?  Cajole it?  Bribe it?   Fix it!   Shoot it?   That was fun – now what?   As highlighted in a Grist.org article I stumbled over, this is quite the conundrum.   As the capital provider – […]

“See the system”: Part 2, the profitable polluters

11 June, 2010 (17:47) | Capital markets, Carbon offsets, Ecosystem, Environmental, Finance, Global news, Green, Greenwashing, Markets |

By: David A. Smith [Continued from yesterday’s Part 1.] Yesterday, via a helpful Outlook India article, we encountered the carbon offset credits, bought in Europe (and potentially in the US, if the Senate ever ratifies the Kyoto Protocol), and produced in India and China – two nations whom one would have thought to be among […]

“See the system”: Part 1, the earnest environmental

10 June, 2010 (11:36) | Capital markets, Carbon offsets, Ecosystem, Environmental, Finance, Global news, Green, Greenwashing, Markets |

By: David A. Smith In explaining the challenges of globalization, urbanization, or sustainability, Peter Senge, whom I encountered most recently at the Chicago symposium of the US’s Global Business Compact, likes to challenge his audience to see the system. How many carbon credits does this generate? See the whole system, not just our part of […]