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17 Geo. Int'l Envtl. L. Rev. 233 (2004-2005)
Red Dawn, Blue Thunder, Purple Rain: Corporate Risk of Liability for Global Climate Change and the SEC Disclosure Dilemma

handle is hein.journals/gintenlr17 and id is 243 raw text is: NOTES Red Dawn, Blue Thunder, Purple Rain: Corporate Risk of Liability for Global Climate Change and the SEC Disclosure Dilemma ELIZABETH E. HANCOCK* CONTENTS I. Introduction ......................................... 233 II. The Day After Tomorrow... Today?: SEC Requirements for Disclosure of Potential Liabilities for Global Climate Change ................ 235 III. Deep Impact: How Increased Knowledge About the Causes and Effects of Global Warming Stands to Hit the Corporate Pocketbook ......... 237 A. Heat: The Trend of Increasing Regulation Regarding Climate Change ............................................. 239 B. Boiler Room: The Trend Toward Increasing Litigation Surrounding the Effects of Climate Change ............................ 242 1. Tort Litigation .................................... 242 2. Criminal Litigation ................................. 245 3. Environmental Justice Litigation ....................... 248 C. The Swarm: The Trend of Increased Attentiveness of Investors and the Public at Large to Corporate Activities .................... 249 IV. Conclusion .... ......................................... 500 I. INTRODUCTION In Independence Day, Roland Emmerich brought you the near destruction of the earth by aliens. Now, in THE DAY AFTER TOMORROW the enemy is an even more devastating force: nature itself. Tornadoes rip Los Angeles; a massive snow storm pounds New Delhi; hail the size of grapefruit batters Tokyo; and in New York City, the temperature swings from sweltering to freezing in one day.' The thrills and chills promised to moviegoers of the 2004 natural disaster film The Day After Tomorrow made Patrick J. Michaels bristle-and not because he * B.A. 2000, Harvard University; J.D. Candidate 2005, Georgetown University Law Center. 1. The Day After Tomorrow promotional website, at http://www.dayaftertomorrow.com (last visited July 24, 2004). 233

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