Gavin Newsom said Sunday that he plans to sign into law a pair of climate-focused bills intended to force major corporations to be more transparent about greenhouse gas emissions and the financial risks stemming from global warming.
Newsom's announcement came during an out-of-state trip to New York’s Climate Week, where world leaders in business, politics and the arts are gathered to seek solutions for climate change.
California lawmakers last week passed legislation requiring large businesses from oil and gas companies to retail giants to disclose their direct greenhouse gas emissions as well as those that come from activities like employee business travel.
The goal is to increase transparency and nudge companies to evaluate how they can cut their carbon emissions.
Newsom, a Democrat, said he wants California to lead the nation in addressing the climate crisis.
Persons:
Gavin Newsom, ”, Sen, Scott Wiener, ” Wiener, Newsom’s, Henry Stern, Newsom
Organizations:
—, Democrat, Court
Locations:
— California, New, California, “, Los Angeles, San Francisco