Posts Tagged: SB 253

Newsom signs landmark corporate carbon disclosure bills. Now what?

Image by Owlie Productions

by LOLA WATTS posted 10.18.2023

In October, California Gov. Gavin Newsom signed SB 253, a first in the nation bill that will require public carbon disclosures from large corporations – defined as those “with total annual revenues in excess of $1 billion” – that do business in California. So what happens next?

Tracking mandate hurts small businesses without reducing emissions

Tracking emissions, image by Travel mania

by PAT FONG KUSHIDA posted 08.30.2023

OPINION – A new proposal nearing passage in the Legislature threatens the delicate balance of consensus between environmentalists and the business community. Senate Bill SB 253 would place significant new burdens on businesses – including medium and small businesses – without removing a single molecule of carbon dioxide or other climate pollutants from the atmosphere.