California and Newsom prep for the future with new climate rules ...Middle East

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California and Newsom prep for the future with new climate rules
Californians are bracing for Gov. Gavin Newsom’s (D) impending signoff on a seminal slate of rules that would require large companies to disclose both their greenhouse gas emissions and climate-related financial risk. “Any company located in California is well aware that it's a first mover on climate, it's a first mover on the minimum wage,” Manuel Pastor, director of the University of Southern California’s Equity Research Institute, told The Hill. “Companies have their eyes wide open,” added Pastor, who specializes in climate-related economics. Chief among the legislation on the table are the Climate Corporate Data Accountability Act, or SB-253, and the Climate-Related Financial

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