With almost four months between now and the first carbon allowance auction, questions remain about the feasibility and economic impact of California’s Cap-and-Trade program. While the legal question has been resolved, some commentators have been critical about the consequences of California’s environmental policy path. The California First District Court of Appeals case AIR v. CARB sheds […]
Cap and Trade: The Uncertain Future of California’s Climate Policy
Facebook Goes Public: The Tumultuous IPO Process
Is Facebook a force that will define a generation? Or is it a transient manifestation of the bigger social media revolution – springing from the demand to connect using the latest technologies? While Facebook’s cultural impact raises such philosophical questions, its business model and recent IPO have raised legal questions that are likely going to […]
BITs with the BRICs? Bilateral Investment Treaty negotiations to begin following revised model text
The United States is restarting Bilateral Investment Treaty (BIT) negotiations with BRIC countries (Brazil, Russia, India and China) after a recent revision to the United States’ model BIT. On April 20, 2012, the Office of the United States Trade Representative (USTR) released the new 2012 model BIT after a lengthy three-year review and revision process. […]