UK Mandatory Climate Risk Disclosures
An array of climate-risk reporting is being developed in the UK, phasing in between 2021 and 2025.
LPDD Recommendation: “The federal government, states, or the private sector could require companies to consider the possibility that their fossil fuel-related assets would be stranded, before making investment decisions.”
LPDD Recommendation: “State PUCs should consider the possibility of stranded assets when assessing proposals for fossil fuel infrastructure that will be paid for by ratepayers, such as electric transmission lines and (in states where electric utilities are still vertically integrated) generating facilities.”
LPDD Recommendation: “CEQ should reinstate its 2016 guidance for considering GHG emissions in NEPA review.”