California climate bill would make companies disclose emissions

  • 📰 ABC7
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 68%

Business News News

Business Business Latest News,Business Business Headlines

Democratic lawmakers in California introduced a package of climate bills Monday aimed at holding corporations accountable for their greenhouse gas emissions.

The bills include legislation to require companies to disclose their greenhouse gas emissions to the public, ban the state's public pension funds from investing in major fossil fuel companies, and create a group to analyze climate-caused financial risks for corporations. Similar efforts in prior sessions have failed to win enough support, but the Democratic lawmakers behind them say they're hopeful for a different outcome this year.

Democratic Gov. Gavin Newsom has pushed policies to wean the state off oil and gas within the next few decades, including by banning the sale of most new gas-powered cars by 2035 and ending the controversial practice of fracking. "We know there are corporations that want to do the right thing, and we want to support them," Wiener said at a news conference Monday.

"We look forward to working with policy makers to enact meaningful policies that protect jobs, encourage innovation and maintain growth," Barrera said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 67. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Great, let's start with commercial Airlines!

Well it should your blaming everything for climate change but the right thing. Train's, planes, automobiles, and ALL OF THE SPACECRAFT. Let's keep it REAL!!!!

Will the last company left in California please turn off the solar powered light 🤦🏼‍♂️

ELITES: “ HA 😆HA CLIMATE❗️“

There’s nothing this state can do about anything it’s wacko citizens want so they just keeping taxing and fining them as punishment Shelby for which the wackos no doubt feel they deserve for the sin of not really caring in the first place. Hell of a culture we have here.

That’s means more money for cars and trucks and outer good that’s sucks

Business Business Latest News, Business Business Headlines