California Requires Companies To Report Carbon Emissions

An anonymous reader quotes a report from the BBC: Major corporations like Apple and Disney will be forced to disclose their carbon emissions under a new Californian law approved on Monday. Governor Gavin Newsom signed the bill -- passed by the state legislature -- requiring companies with more than $1 billion in annual revenue to report greenhouse gas emissions. Similar efforts are moving slowly at the federal level. Mr Newsom praised the law's aims, but questioned how it will be carried out. "This important policy, once again, demonstrates California's continued leadership with bold responses to the climate crisis," Mr Newsom wrote in a signing statement. "However, the implementation deadlines in this bill are likely infeasible." He added that he is "concerned about the overall financial impact of this bill on businesses." The California Air Resources Board must put a system in place for reporting emissions by January 1, 2025, a little more than a year from now, under the law.

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