Newsom signs climate bills that force large companies to reveal role and risks in climate change ...Middle East

Gov. Gavin Newsom Saturday signed two closely-watched, first-in-the-nation bills that will force large companies to disclose their greenhouse gases that contribute to climate change and their financial risks. Newsom approved Senate Bill 261, which requires large companies to biennially report their financial risks from climate change. But he saidin a statement Saturday that he will work with the Legislature on relaxing the law’s 2026 implementation date because the California Air Resources Board won’t have “sufficient time to adequately carry out the requirements.” He added that he also is “concerned about the overall financial impact of this bill on businesses, so I am instructing CARB to

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Newsom signs climate bills that force large companies to reveal role and risks in climate change ...Middle East

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