"California Sets New Standard with Sweeping Emissions Disclosure Rules for Big Business"

California lawmakers have passed legislation that would require major corporations, including oil and gas companies and retail giants, to disclose their direct and indirect greenhouse gas emissions. The bill aims to increase transparency and encourage companies to evaluate ways to reduce their emissions. The legislation, which still needs final approval from the state Senate and Governor Gavin Newsom, has garnered support from companies like Patagonia and Apple, as well as climate experts. However, opponents argue that the bill is burdensome and could lead to higher prices for consumers. If approved, the legislation could set a precedent for other states and potentially influence federal regulations on emissions disclosure.