Climate change developments affect companies at many different levels, requiring firms providing effective climate change legal advice to have broad, relevant experience and up-to-date knowledge. WilmerHale has seasoned lawyers that can offer a range of experience to companies facing these and other climate change issues as the United States and other countries begin to define the structure of the new, carbon-constrained future. Our clients rely on us for strategic regulatory guidance with respect to the challenges and opportunities presented by climate change, including multidimensional advice that addresses the legal, public policy, political and media aspects presented by those issues. WilmerHale lawyers with expertise in climate change are located across our 12 offices in the United States, Europe and Asia.
In addition to providing strategic regulatory advice, we counsel our clients on the significant day-to-day legal issues that arise in managing climate change issues. These issues range from participation in traditional and emerging emission trading markets, planning for and implementing programs for the timely manufacture of climate change-based products, and assisting in the pricing of potential acquisitions/divestitures or significant internal activities such as facility expansions or new construction in light of current and future carbon regulation. Our lawyers closely monitor developments-and their likely implications-here and abroad. We provide real time assessments of what is happening at the local, state and regional levels and on Capitol Hill, among key constituencies, in the campaigns, and internationally. We help management predict where things are likely to go and in what time frame. We also assist in formulating legislative and regulatory strategy, analyzing the international impacts of various legislative approaches, helping to shape legislation and regulation, and interacting with key Members of Congress, their staff and key staff in the Executive Branch agencies.
There are both well-established and nascent carbon trading markets, and early movers can take advantage of opportunities presented by participation in these markets. There continue, however, to be major challenges for companies that are or would like to participate in these systems. Our lawyers are experienced in emissions trading and can help companies navigate the new universe of carbon markets and submarkets. They also assist public companies facing increased pressure to evaluate and disclose potential risks from climate change in their corporate reporting, including the impacts of new carbon regulation, climate-related physical events, and growing demand for low-carbon technologies and products.