CO2: 419.68 ppmIt is not just attacking big oil. Big everything is in the line of fire
The law will make California the first location in the U.S. to require corporate carbon accounting, and comes as the SEC is considering a similar move.
California Gov. Gavin Newsom says he plans to sign into law a pair of climate-focused bills intended to force major corporations to be more transparent about greenhouse gas emissions and the financial risks stemming from global warming
The oil industry knew it was responsible for global warming, and lied about it for decades. California is right to look for ways to make them pay in court.
The state claims that big oil companies have intentionally covered up their role in exacerbating climate change since at least the 1970s.
The first-in-the-nation law will compel major companies to publicly disclose their carbon dioxide emissions and could have national repercussions.
California Gov. Gavin Newsom drew loud cheers and applause on Wednesday when he spoke at the UN’s Climate Ambition Summit in New York, after pointedly calling the climate crisis “a fossil fuel crisis.”
California has sued five of the largest oil and gas companies in the world, alleging that they engaged in a 'decades-long campaign of deception' about climate change and the risks posed by fossil fuels.
California lawmakers passed a bill to Governor Newsom's desk that would require large businesses to provide a detailed account of their carbon emissions.