There were some significant climate bills passed this year, though not all of them are guaranteed to be signed by Gov. Newsom.
The law requires companies that do business in California and make $1 billion in annual revenue to disclose their greenhouse gas emissions. Starting in 2026, big corporations will be required to tally up and send to the state the pollution from fossil fuels burned to make their products or run their operations, and the emissions associated with the product once it’s reached the consumer.
Governor Newsom has already said he’ll sign it, making it the first policy of its kind in the country. This bill requires any company that does business in California and makes more than $500 million yearly to report to the state its climate-related financial risk, as well as how the company will reduce or adapt to that risk. It’ll affect an additional 2,000 or so businesses. It was authored by Sen. Henry Stern, who represents parts of Ventura and L.A.
despite not being in operation. Angelenos who live near drilling continue to experience health impacts. It was authored by Assemblymember Wendy Carrillo who represents parts of L.A. including Echo Park, Highland Park and East L.A.
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