background image

Oil lobbyists spend millions to stall California’s game-changing climate bill

author image

By illuminem briefings

· 2 min read

illuminem summarizes for you the essential news of the day. Read the full piece from The Guardian here or enjoy below! 

🗞️ Driving the news: Two transparency bills in the California legislature aim to enhance corporate accountability by requiring companies to disclose more information about their emissions and climate action

🔭 The context: Current reporting requirements for corporate emissions are fragmented
• The climate disclosures bill would establish a groundbreaking law, holding some of the world's largest companies accountable for their environmental impact

🌎 Why does it matter for the planet: These bills could be a significant turning point in holding big polluters accountable and exposing misleading climate claims

⏭️ What’s next: Although the bills have gained momentum, their fate rests on moderate Democrats historically aligned with corporate interests
• These legislators will play a pivotal role in determining whether the bills advance or face obstruction

💬 One quote: "We can't improve what we don't measure," (Mary Creasman, CEO of California Environmental Voters)

📈 One stat: A study found that 93% of Chevron's offsets over the past two years were likely ineffective, underscoring the need for stricter regulations and reliable offsets in carbon trading markets

Click for more news covering the latest on Ethical Governance


Did you enjoy this illuminem voice? Support us by sharing this article!
author photo

About the author

illuminem's editorial team - providing you with concise summaries of the most important sustainability news of the day.

Follow us on Linkedin, Twitter​ & Instagram

Other illuminem Voices

Related Posts

You cannot miss it!

Weekly. Free. Your Top 10 Sustainability & Energy Posts.

You can unsubscribe at any time (read our privacy policy)