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A Carbon Tax Plan Proposal: What Are Its Prospects?
writes that on Feb. 9, a group of prominent Republicans and business leaders from the Climate Leadership Council released a carbon tax proposal entitled "The Conservative Case for Carbon Dividends," a four-pronged proposal that would impose a tax on carbon for oil, gas and coal use, which together comprise nearly 80 percent of total U.S. greenhouse gas emissions.
Plaintiffs Lawyers and State AGs Could Team Up More Often in Trump Era
Private plaintiffs lawyers with state and local government practices could benefit from changing federal enforcement priorities that are likely to prompt state attorneys general to devote more resources to fighting consumer and financial fraud and protecting the environment. But they shouldn't expect it to open the floodgates for more work.
At Cohen Millstein, a Reshuffling of the Partnership Ranks
Cohen Milstein Sellers & Toll, one of the nation's top plaintiffs firms, made a rare lateral hire this week by bringing on New Jersey's former top securities enforcer, Laura Posner, as a partner in New York. But Cohen Milstein also lost partners Linda Singer and Mimi Liu to rival plaintiffs firm Motley Rice.
US Senate Vote Cheers Oil and Gas Industry, Disheartens Transparency Advocate
Oil and gas industry cheers were expected after the U.S. Senate, in the early hours of Feb. 3, passed a resolution to prevent what's known as the "resource extraction" regulation by the Securities and Exchange Commission going into effect.
Exxon Insists Its Free Speech Case Against Attorneys General Be Heard in Texas Court
Exxon Mobil Corp. Wednesday argued that Texas courts had jurisdiction to take up its claims against the attorneys general of New York and Massachusetts that they are abusing the corporations' free speech rights and seeking to unreasonably search and seize its business records in pursuing their climate-change litigation against the oil giant.
Lawyers Spar Over Rex Tillerson Depo in Climate Change Suit
U.S. senators aren't the only ones with questions for President Donald Trump's State Department nominee. Bay Area plaintiffs firm Cotchett, Pitre & McCarthy wants a chance to grill Rex Tillerson in litigation over climate change.
Deal Watch: Six Firms Bum Roles on Huge Tobacco Tie-Up
The biggest deal of the week will take your breath away. Cravath, Herbert Smith Freehills, Jones Day, Kirkland & Ellis, Moore & Van Allen and Weil, Gotshal & Manges are advising on British American Tobacco's $49.4 billion takeover of tobacco rival Reynolds American.
Permian Deals Pile Up With Exxon, Noble Acquisitions
The Permian Basin continues to be a hot area for energy deals, keeping lawyers busy this week with two multibillion acquisitions involving companies linked to legendary Texas wildcatters.
Walter Shaub, U.S. Ethics Office Chief, Never Planned to Be a Silent Force
Walter Shaub Jr., the chief U.S. government ethics official, told a congressional committee in 2012 he was prepared to meet the challenges ahead. The Obama administration appointee likely had no idea then how prescient his remarks would be. Shaub, director of the Office of Government Ethics, is now at the center of a rising dispute over the scope of Donald Trump's real and perceived conflicts of interest.
Tillerson's Take on Sanctions Opaque, But Lawyers Eyeing Their Enforcement Under Trump
When Rex Tillerson, the former Exxon Mobil Corp. chairman and CEO, appeared before the U.S. Senate for the hearings about his nomination to serve as Secretary of State, economic sanctions against Russia dominated the dialogue.enforces economic sanctions against Russians, or other countries.Trending Stories
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