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🗞️ Driving the news: Major U.S. business groups — led by the U.S. Chamber of Commerce — have filed an emergency appeal to the Supreme Court seeking to halt California’s sweeping new climate-reporting laws
• The laws would force thousands of companies operating in the state to disclose both full emissions profiles (including Scope 3) and climate-related financial risks, beginning in 2026–2027
• Lower courts have declined to block implementation, prompting the Chamber to request immediate intervention
🔭 The context: California’s rules are the most ambitious corporate climate-transparency requirements in the U.S. as they apply to firms earning more than $1 billion (for emissions disclosures) and $500 million (for climate-risk disclosures)
• The business groups argue the laws violate free-speech protections by compelling firms to publicly communicate state-mandated climate information
• State regulators contend the reporting is a legitimate commercial requirement and an essential tool for transparency
• Legal friction is expected, as the Supreme Court’s conservative majority has repeatedly constrained federal environmental regulation in recent years
🌍 Why it matters for the planet: California’s laws could become a de facto national standard, shaping corporate emissions reporting, investor expectations, and climate-risk governance across global value chains
• Their fate will influence how quickly — and how uniformly — large companies measure and manage their real climate impacts
⏭️ What’s next: The Supreme Court will now decide whether to freeze the laws while litigation unfolds — a ruling that could set a powerful precedent for future climate-related disclosure rules.
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