California lawmakers have sent a bill to Governor Newsom's desk that would require all large businesses in the state to provide a detailed accounting of their carbon emissions, including their Scope 3, or supply chain emissions.
The bill, if adopted, would be the first of its kind in the nation to require carbon emissions reporting.
Apple and Google , massive technology companies headquartered in California, support the move to require carbon accounting.
Meanwhile, the California Chamber of Commerce opposes the bill, saying requiring emissions accounting will increase business operation costs for businesses and consumers.
Also, Dickinson said that carbon accounting can be a helpful process for companies.
Persons:
Newsom's, Bill, Gavin Newsom, SEC hasn't, Newsom, Al Gore, Gore, Google, Mike Foulkes, Scott Wiener, Apple, Foulkes, Paul Dickinson, Dickinson
Organizations:
California Senate, U.S . Securities, Exchange Commission, SEC, CNBC, Apple, Google, California Chamber, Commerce, of Commerce, Bloomberg
Locations:
California