by Katy Grimes, E&E Legal Senior Media Fellow and California Globe Editor
As Appearing in the California Globe
SB 253 Authorizes CARB to adopt or update any other regulations that it deems necessary and appropriate
“Polluters” sue California over the state’s new Climate Corporate Data Accountability Act, which requires companies with annual revenues exceeding $1 billion that conduct business in California to report their greenhouse gas emissions to the California Air Resources Board (CARB).
It’s another California climate shakedown given that the requirements would apply to approximately 5,400 companies, including Walmart, Apple, ExxonMobil and Chevron, the Los Angeles Times reports.
The “polluter,” energy company ExxonMobil, has filed suit in federal court challenging two California laws that would require the oil giant to report the greenhouse emissions resulting from the use of its products globally.
SB 253 by Sen. Scott Wiener (D-San Francisco), passed in 2023, “is a first-in-the nation measure to require all large corporations that do business in California to publicly disclose their greenhouse gas (emissions) in line with the Greenhouse Gas Protocol, the longstanding gold accounting standard established by the environmental and business communities,” according to Sen. Wiener. “These disclosures will include corporate supply chains (scope 3), which can include in excess of 90% of a corporation’s carbon emissions. By requiring this disclosure, the public, investors, and others will better understand which corporations are walking the talk when it comes to climate action.”
