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California pushes corporate climate transparency

The Department of Water and Power (DWP) San Fernando Valley Generating Station
Photo: David McNew/Getty Images

Vlada Gurvich

4 min read
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The rules mark California as one of the most ambitious climate-disclosure jurisdictions in the United States.

Over 4,000 companies operating in the state of California will be required to report their greenhouse gas emissions and explain how climate change may affect their financial outlook.

This development comes as the state’s environmental agency, the California Air Resources Board (CARB), adopts a new set of rules designed to enable

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