Post a Free Blog

Submit A Press Release

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Truck Series (TRUCK)
Ultimate Fighting Championship (UFC)
Uncategorized
US
Valorant
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
0
-- Advertisement --spot_img
HomeBusinessCalifornia will pose groundbreaking regulations to track and report nearly all their...

California will pose groundbreaking regulations to track and report nearly all their greenhouse gas emissions.

Add to Favorite
Added to Favorite

 

Image by Pixource from Pixabay

California has long been a trailblazer in the fight against climate change. The state is known for its stringent environmental regulations and ambitious clean energy goals. The latest mandate, set to be one of the most comprehensive in the world, seeks to hold companies accountable for their contribution to greenhouse gas emissions, which are a primary driver of global warming and climate disruption.

The new climate regulations in California, which will have an influence on the entire world, require business giants like Exxon, Apple, and others to publish all of their emissions.

The latest mandate, set to be one of the most comprehensive in the world, seeks to hold companies accountable for their contribution to greenhouse gas emissions, which are a primary driver of global warming and climate disruption.

In the near future, a new regulation is set to require both public and private corporations conducting business in California to meticulously track and report their greenhouse gas emissions, encompassing emissions from their operations, supply chains, transportation, and indirect sources such as purchased electricity and heat from utilities.

This data collection is vital for understanding each company’s carbon footprint. Comprehensive reporting is of paramount importance for various reasons. It enhances transparency by accurately tracking emissions from multiple sources, aiding stakeholders, investors, and the public in evaluating a company’s commitment to sustainability. Moreover, it fosters accountability, prompting corporations to adopt greener practices and more responsible emissions reduction.

This data also informs policy formation, aiding policymakers in designing effective climate change mitigation strategies and future sustainability-focused regulations and incentives. Additionally, comprehensive emission reporting bolsters consumer and investor confidence in a company’s environmental responsibility, and California’s influential role as an economic hub can inspire global adoption of similar measures, creating a far-reaching impact.

On October 7, 2023, two new laws were approved by California Governor Gavin Newsom. Companies with yearly revenues of $1 billion or more in the United States will be required to report both their direct and indirect greenhouse gas emissions beginning in 2026 and 2027 under the new Climate Corporate Data Accountability Act. The California Chamber of Commerce argued against the regulation because it would raise costs for businesses. However, the rule was supported by more than a dozen significant businesses, including Microsoft, Apple, Salesforce, and Patagonia.

SB 261, Stern. Greenhouse gases: climate-related financial risk.

The California Global Warming Solutions Act of 2006 requires the State Air Resources Board to adopt regulations to require the reporting and verification of statewide greenhouse gas emissions and to monitor and enforce compliance with the act. The act requires the state board to make available, and update at least annually, on its internet website the emissions of greenhouse gases, criteria pollutants, and toxic air contaminants for each facility that reports to the state board, as provided.

SB 253, Wiener. Climate Corporate Data Accountability Act.

The California Global Warming Solutions Act of 2006 requires the State Air Resources Board to adopt regulations to require the reporting and verification of statewide greenhouse gas emissions and to monitor and enforce compliance with the act. The act requires the state board to make available, and update at least annually, on its internet website the emissions of greenhouse gases, criteria pollutants, and toxic air contaminants for each facility that reports to the state board, as provided.
This bill would require the state board, on or before January 1, 2025, to develop and adopt regulations requiring specified partnerships, corporations, limited liability companies, and other business entities with total annual revenues in excess of $1,000,000,000 and that do business in California, defined as “reporting entities,” to publicly disclose to the emissions reporting organization, as defined, and obtain an assurance engagement on, starting in 2026 on a date to be determined by the state board, and annually thereafter, their scope 1 and scope 2 greenhouse gas emissions, as defined, and, starting in 2027 and annually thereafter, their scope 3 greenhouse gas emissions, as defined, from the reporting entity’s prior fiscal year, as provided.

Celebrity WEB Update— Premier Jewelry designer and manufacturer fashion house ParisJewelry.com has started manufacturing a new custom line of celebrity jewelry designs with 30% Off and Free Shipping. Replenish Your Body- Refilter Your Health with OrganicGreek.com Vitamin Bottles, Vitamins and Herbs. Become a  WebFans  Creator and Influencer.

Subscribe to get Latest News Updates

Latest News

You may like more
more

Waystar Holding Corp. Makes Its Market Debut

Waystar Holding Corp. launched its IPO at $21.50 per share,...

Planet Fitness Receives Price Target from D.A. Davidson

Linda Bolton Weiser of D.A. Davidson sets a price...

Duolingo Inc. Receives Optimistic Price Target

Wyatt Swanson of D.A. Davidson sets a price target...