California climate legislation would compel companies to disclose emissions

  • 📰 KPIXtv
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria 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.

Wiener said he's hopeful groups that opposed it last year will have a more open mind, adding that"our coalition is bigger and stronger." CalChamber President Jennifer Barrera said in a statement that lawmakers should take into account"unnecessary costs and regulatory hurdles" when proposing climate legislation.

"I'm hopeful that this year with the new makeup of the Assembly, with more coalition and with more emphasis on this crisis that we can actually get this done," Gonzalez 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:

 /  🏆 443. in NG
 

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

I am tired of paying for these filthy scoundrels. It’s about time these rich folks start doing their part. To whom much is given, much is expected. That right there is in the Bible.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines