Block on Trump's Asylum Ban Upheld by Supreme Court
"You have to look around the corners and anticipate what's coming," says William Donohue, associate general counsel for Exelon Corp., the Chicago-based utility. "Climate change legislation is coming, and when it does, it will be a big thing."Some of that hard work and prescience has already paid off for certain companies, the article claims.
The EPA's move to regulate new car emissions didn't surprise managing counsel Elizabeth Gibson and her colleagues in Toyota Motor Corp.'s law department. They've been preparing for new standards ever since Massachusetts v. EPA, says Gibson. So Toyota's legal staff has been working with other departments in the company to help push for a national auto emission standard.The company got its wish last month, when President Obama announced an agreement with auto companies that would establish a national standard for car and truck emissions.
In-house lawyers at Exelon [a Chicago utility] are helping that company assess and analyze its carbon emissions to see what might have to be reported under the proposed rule, [William Donohue, associate general counsel] says. He believes other legal departments should be doing the same thing, even if they don't think the EPA's proposal will apply to their company.Donahue thinks that these assessments could help to identify business opportunities and reduce risk.