Stephanie Jones, Author at Initiative on Climate Risk and Resilience Law

Agency Filing Financial Regulation Regulatory Activities

Comments on Department of Labor Proposed Rule on Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights

These comments support a Department of Labor proposed rule that clarifies that retirement plan fiduciaries should consider climate risk and other ESG factors whenever relevant to financial risk-return analysis for investment and proxy voting decisions. The comments additionally offer suggestions on potential improvements to the proposal for the Department's consideration.

Stephanie JonesDecember 13, 2021

Adaptation as Risk Management Blog/News Article Environmental Justice Financial Disclosure Financial Regulation Private Governance Risk Management

Climate Change Comes to Insurance

This opinion piece explains the risks climate change poses to insurers, both as underwriters and as investors. It argues that it is necessary to align incentives in the insurance industry to prevent widespread defaults that would leave policyholders unprotected and examine areas where risks are distributed inequitably.

Stephanie JonesDecember 3, 2021

Adaptation as Risk Management Agency Filing Environmental Justice Financial Disclosure Financial Regulation Private Governance Risk Management

Comments to Federal Insurance Office on the Insurance Sector and Climate-Related Financial Risks

These comments make recommendations to the Treasury Department's Federal Insurance Office on how it can monitor, analyze, and address climate-related risks in the insurance industry.

Stephanie JonesNovember 15, 2021

Adaptation as Risk Management Agency Filing Risk Management

Comments on Federal Agency Climate Adaptation and Resilience Plans

These comments support the development of the Federal Agency Climate Adaptation and Resilience Plans, which establish a foundation for actions to protect government operations and facilities, and all who rely upon them. The comments recommend that agencies consider the following steps as they build on that foundation: (1) Agencies should…

Stephanie JonesNovember 5, 2021

Adaptation as Risk Management Blog/News Article Risk Management

Extreme Weather Is a Climate Change Inevitability; Our Responses Shouldn’t Worsen the Problem

This opinion piece argues that all policy, regulatory, and legislative proposals for climate resilience should take into account the greenhouse gas emissions they create, in order to avoid maladaptation.

Stephanie JonesNovember 4, 2021

Adaptation as Risk Management Energy Regulation Journal Article Risk Management State Energy Regulation

Climate Risk in the Electricity Sector: Legal Obligations to Advance Climate Resilience Planning by Electric Utilities

This article finds that proactive climate resilience planning by electric utilities is required under public utility law and tort law. A previous version was released as a report in December 2020.

Stephanie JonesOctober 29, 2021

Adaptation as Risk Management Energy Regulation Event/Conference Risk Management State Energy Regulation

Testimony of Michael Panfil Before the Massachusetts Senate Committee on Global Warming and Climate Change

Michael Panfil testified in a Hearing on Climate Resilience of Transportation and Electric Infrastructure before the Massachusetts Senate Committee on Global Warming and Climate Change. As demonstrated in these remarks, well-designed climate resilience planning is feasible using data and tools available today. The same is true with respect to existing…

Stephanie JonesOctober 4, 2021

Adaptation as Risk Management Energy Regulation Event/Conference Risk Management State Energy Regulation

Testimony of Romany Webb Before the Massachusetts Senate Committee on Global Warming and Climate Change

Romany Webb testified in a Hearing on Climate Resilience of Transportation and Electric Infrastructure before the Massachusetts Senate Committee on Global Warming and Climate Change, making two key points: First, climate change poses serious risks to the electricity system, which are fundamentally different from other risks, including ordinary weather-related risks,…

Stephanie JonesOctober 4, 2021

Adaptation as Risk Management Agency Filing Energy Regulation Federal Energy Regulation Risk Management

Supplemental Comments on FERC’s Technical Conference on Climate Change, Extreme Weather, and Electric System Reliability

These post-technical conference comments provide further recommendations on how FERC can support effective climate resilience planning throughout the energy system, supplementing an earlier set of pre-technical conference comments.

Stephanie JonesSeptember 27, 2021

Adaptation as Risk Management Agency Filing Energy Regulation Risk Management State Energy Regulation

Comments to Michigan PSC on Electric Utility Planning Processes to Prepare for Climate Change

These comments to the Michigan PSC recommend that it require electric utilities under its jurisdiction to regularly assess their climate-related vulnerabilities and identify measures to make their systems resilient to climate impacts.

Stephanie JonesSeptember 24, 2021

Stephanie Jones