California’s Climate Disclosure Laws Face Threats of Weakened Implementation Amid Business Group Opposition
SACRAMENTO, Calif. — California’s groundbreaking laws requiring large companies to disclose their greenhouse gas emissions and climate-related risks face potential obstacles that could allow polluters to conceal their climate impacts. The U.S. Chamber of Commerce and other business groups have sued to block the laws, claiming they infringe on First Amendment rights by compelling companies to release information on climate change. Surprisingly, Governor Gavin Newsom, who signed the bills into law, is now showing resistance and seeking to water down the requirements. California became the first state to pass laws mandating standardized, public reporting of … Read more