News & Analysis as of

Climate Change CARB Greenhouse Gas Emissions

Alston & Bird

Extended Reporting Timelines Expected for California Climate Laws

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Our Environment, Land Use & Natural Resources Group explains how – if approved by the governor – the deadline to set precise compliance dates for the Climate Corporate Data Accountability Act (CCDAA) and Climate-Related...more

Cooley LLP

Developments in California and Other State Climate Legislation

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On August 31, 2024, the California Legislature passed Senate Bill 219, approving certain technical amendments to the climate disclosure requirements under Senate Bill 253 (greenhouse gas, or GHG, emissions) and Senate Bill...more

Fenwick & West LLP

California Legislature Approves Amendments to Climate Disclosure Laws

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As we previously reported in October 2023, the California legislature adopted three significant climate disclosure laws...more

Foley & Lardner LLP

California’s Legislature Pushes Forward with Climate Accountability Bills

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After not accepting California Governor Newsom’s proposal to delay implementing California’s Climate Accountability laws by two years, the California legislature passed amendments on August 31, 2024, to California’s 2023...more

WilmerHale

Amendments to California Climate Accountability Package Await Governor’s Review

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In October 2023, California Governor Gavin Newsom signed into law the Climate Corporate Accountability Act (SB 253) and the Climate‐Related Financial Risk Act (SB 261), jointly referred to as the Climate Accountability...more

Fenwick & West LLP

Carbon Accountable Offers Roadmap for Timely Implementation of California's SB 253 GHG Emissions Disclosure Law

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All eyes are on California as we patiently await the outcome of the numerous challenges to the U.S. Securities and Exchange Commission's Climate-Related Disclosure Rules. ...more

Clark Hill PLC

Proposed Delays Heighten Uncertainty Surrounding California’s Landmark Climate Disclosure Laws of 2023

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California Governor Gavin Newsom recently proposed amendments that would delay by two years the implementation of California’s landmark climate disclosure laws, Senate Bills 253 and 261 (SB253 and SB261). When Governor Newsom...more

Cooley LLP

Is a delay in the cards for California’s climate accountability laws?

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You might recall that, in 2023, California Governor Gavin Newsom signed into law two bills related to climate disclosure: Senate Bill 253, the Climate Corporate Data Accountability Act, and SB261, Greenhouse gases:...more

Adams and Reese LLP

EPA Greenlights Greenhouse Gas Emissions for Heavy-Duty Vehicles, But States File Lawsuit

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Less than a month after the Environmental Protection Agency (EPA) published environmental operational standards and greenhouse gas emission regulations for owners and operators of heavy-duty vehicles, including major freight...more

Holland & Knight LLP

Guidance, Model Provide Additional Clarity for 40B Sustainable Aviation Fuel Tax Credit

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The U.S. Department of the Treasury and IRS released Notice 2024-37 on April 30, 2024, regarding the Sustainable Aviation Fuel (SAF) Tax Credit found at Section 40B of the Internal Revenue Code as an income tax credit and...more

Benesch

Driving Change: CARB’s Impacts and Adaptations by Fleet Managers

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Environmental regulations, including those under the California Air Resources Board’s (“CARB”) jurisdiction, present a complex compliance challenge for vehicle fleet managers and operations departments across the country....more

Akin Gump Strauss Hauer & Feld LLP

This Week’s Climate Policy Update - April 2024

Good afternoon! This is Akin’s newsletter on climate change policy and regulatory developments, providing information on major climate policy headlines from the past week and forthcoming climate-related events and hearings...more

Quarles & Brady LLP

California’s New Climate Disclosure and GHG-Related Claims Laws

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On October 7, 2023, Governor Gavin Newsom signed into law a trio of climate-related bills that will impact what companies doing business in California must (or can) say about their greenhouse gas (GHG) emissions and the...more

Sheppard Mullin Richter & Hampton LLP

Recent Updates to State and Federal Climate Disclosure Laws

Last year, California became the first state to pass laws requiring companies to make disclosures about their greenhouse gas (“GHG”) emissions as well as the risks that climate change poses for their businesses and their...more

Vinson & Elkins LLP

Business Groups Sue California to Block Climate Disclosure Laws

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On January 30, 2024, the U.S. Chamber of Commerce and five co-plaintiffs representing a coalition of business groups filed a lawsuit against the state of California seeking to block the state’s new landmark climate disclosure...more

Woodruff Sawyer

The Heat Is On: Decoding California’s New Climate Disclosure Laws

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California recently enacted three climate-related disclosure laws that require impacted companies, both public and private, to engage in more reporting about their greenhouse gas emissions, use of carbon offsets, and...more

StoneTurn

Carbon Inventories: California Here We Come!

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The fifth largest economy in the world just passed a law to require any business with over $1 billion in revenues to report their carbon emissions.  Yes, California is leading the way, again, in greenhouse gas (GHG) reduction...more

Troutman Pepper

California Adopts Landmark GHG Emissions and Climate Risk Reporting Laws, Eclipsing Anticipated Federal Requirements

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California Governor Gavin Newsom signed two landmark bills into law on October 7, imposing stringent new requirements on large companies doing business in California to publicly report their annual greenhouse gas (GHG)...more

Dorsey & Whitney LLP

How California’s Sweeping New Climate Laws May Impact Your Business

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California recently enacted two sweeping and unprecedented laws that will require virtually all large companies who do any amount of business in California in any industry or sector to disclose their direct and indirect...more

Troutman Pepper

California Adopts Landmark GHG Emissions and Climate Risk Reporting Laws

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On October 7, 2023, California Governor Newsom signed two landmark bills into law, Senate Bill (SB) 253 and SB-261, imposing new requirements on large companies doing business in California to publicly report their annual...more

Ballard Spahr LLP

CA to Require GHG and Climate-Risk Reporting for Companies Nationwide

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Summary - California’s new climate legislation requires thousands of public and private companies that conduct business in the state to disclose their Scope 1, 2, and 3 greenhouse gas emissions and climate-related...more

Faegre Drinker Biddle & Reath LLP

Five Things to Know About California’s New Climate Disclosure Bills

Governor Gavin Newsom has signed the Climate Corporate Data Accountability Act (SB 253) and the Climate-Related Financial Risk Act (SB 261) into law, which means the California Air Resources Board (CARB) is now tasked with...more

Vinson & Elkins LLP

California’s Bold Move on Climate Disclosures - (UPDATED October 2023)

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As public companies anticipate the Securities and Exchange Commission’s (“SEC”) final climate disclosure rules, which are expected to be released sometime fourth quarter of 2023, California has beaten the federal government...more

Morgan Lewis

California Requires Companies to Disclose Climate Change Risks, GHG Emissions

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California Governor Gavin Newsom signed into law two watershed climate bills on October 7, 2023 that will require companies with significant revenue to make climate-related disclosures starting in 2026. The stated purpose of...more

Akin Gump Strauss Hauer & Feld LLP

California Corporate Data Accountability and Climate-Related Financial Risk Act

California is poised to become the first state to require large companies to disclose greenhouse gas (GHG) emissions from direct operations, supply chains and employees and report on climate-related financial risk and any...more

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