Harvard Environmental Law Review: Article proposes establishing independent climate monitors to regulate the biggest corporate emissions contributors

Thanks to Regulatory Review

In an article in the Harvard Environmental Law ReviewSusan S. Kuo and Benjamin Means, both Professors of Law at the University of South Carolina School of Law, proposed establishing independent climate monitors to regulate the biggest corporate emissions contributors. Kuo and Means argued that climate change compliance among major corporations is essential to mitigating future environmental harm and found that current efforts to hold corporations accountable have produced mixed results. To help regulate the “Carbon Majors”—the top 90 companies responsible for the majority of global carbon emissions—Kuo and Means recommend establishing independent compliance monitors that would enforce governance changes and prevent corporate greenwashing. They explained that this approach may compel these companies to contribute to decarbonization efforts to help prevent a climate crisis.