The AFP news service ran a chilling story over the weekend about the hot new frontier in big-bucks litigation: climate change lawsuits.
“From being a marginal and even mocked issue,” writes Richard Ingham, “climate-change litigation is fast emerging as a new frontier of law where some believe hundreds of billions of dollars are at stake. Compensation for losses inflicted by man-made global warming would be jaw-dropping, a payout that would make tobacco and asbestos damages look like pocket money. Imagine: a country or an individual could get redress for a drought that destroyed farmland, for floods and storms that created an army of refugees, for rising seas that wiped a small island state off the map.”"
Monday, January 24, 2011
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