Bracewell’s Scott Segal addressed New York’s controversial climate law with the Washington Examiner, pointing out a number of concerns regarding the law’s downstream effects on the local economy and costs for consumers
“If we want to effectively address climate change, we should focus on forward-looking policies that incentivize innovation and clean energy adoption rather than retroactive penalties that may divert resources from investments in cleaner technologies and infrastructure,” said Segal.
“Rather than adopting a punitive approach that will likely face significant legal challenges and create economic uncertainty, we could achieve better outcomes through collaborative policies that partner with industry to accelerate the clean energy transition,” added Segal.
