California Leading the Way in Environmental Regulations and Public Health Initiatives

1 min read
Source: The Guardian US
California Leading the Way in Environmental Regulations and Public Health Initiatives
Photo: The Guardian US
TL;DR Summary

California has passed a groundbreaking law that will require large companies, including major global corporations, to disclose their carbon emissions. This is the first law of its kind in the United States and could serve as a blueprint for national climate accountability. The law will apply to companies with annual revenues exceeding $1 billion and will require them to publicly disclose their carbon emissions by 2026, including emissions from their supply chains and customers. The law also includes provisions for disclosing climate-related financial risks. While the law has faced opposition from business interests, including the fossil fuel industry, supporters believe it will provide transparency and make it harder for companies to "greenwash" their environmental impact.

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