Posted on 09/02/2025 11:04:11 AM PDT by DFG
California is leading the resistance against President Donald Trump’s deregulation agenda with new rules that will force companies operating in the state to produce audited reports on their carbon dioxide emissions, and analysts say these rules may soon apply to companies throughout the United States.
California is preparing to implement two laws, SB 253 and SB 261, which would require companies operating in the state to monitor and report their CO2 emissions, as well as those of their suppliers and customers. These rules, originally passed in 2023, are similar but broader in scope than the mandate that was imposed nationwide by the Securities and Exchange Commission during the Biden administration, but which was effectively canceled under the current Trump administration.
California’s so-called green accounting mandate “sets the U.S. standard for climate-related disclosures and has the potential to reach every part of a company’s value chain,” Sidley, a global law firm, stated. The mandate would also align America’s climate accounting rules with those of the European Union.
“California’s SB 253 and SB 261 function as a de facto national mandate, especially for large companies that do business in the state,” Jason Isaac, CEO of the American Energy Institute, told The Daily Signal. “While the Trump administration is backing away from the SEC’s overreaching climate disclosure rule, California is charging ahead, forcing private companies to publish speculative and politically motivated climate data, even if they’re not headquartered in California.”
In March, the SEC dropped its opposition to lawsuits against a mandate it enacted in 2024, which would have forced American companies to produce audited disclosures of their greenhouse gas emissions, together with their plans to reduce them. This mandate is now effectively dead at the federal level.
(Excerpt) Read more at dailysignal.com ...
Assuming Californiais too big a fish to toss out completely, the really big company can have. California only subsidiary with it own pricing and employee pay structure.
Aren’t big companies already leaving California?
If these regs affect the operation of companies outside of California, then they are under the purview of the federal government to nullify or change, as part of interstate commerce.
How do you “resist” a government which is decreasing its control over you?
This dipshit never heard of photosynthesis and furthermore, does not realize animals produce CO2. Flower nurseries actually pipe CO2 into their hot houses. Without CO2, life would not exist.
The stupidity in this country is staggering.
PHILLIPS 76 REFINERY TO SHUT DOWN THIS WEEK.
Of course, this won’t cost the companies a dime, so they won’t have to raise prices to cover the costs of the new regulations and shrinking demand for the product won’t cause layoffs or companies to leave the state. I think Newsom is being paid by the Chinese to wreck the CA economy.
Well past time to leave.
“...the century-old refinery. The closure of this facility, which produces about 8% of California’s gasoline, is expected to contribute to higher pump prices in the state.”
Do ya think?
Certainly NewScum is NOT a Deep Thinker.....
California is the 5th largest economy in the world and is working diligently on becoming the 6th largest economy in the world.
Industry is not moving out of California fast enough for Gavin and his minions.
Fine. Send more companies out. Of course many can’t mover shop so the Chinese will buy the farms and orchards and every manufacturer will just abandoned their factories like they did in Detroit.
require companies operating in the state to monitor and report their CO2 emissions, as well as those of their suppliers and customers.
The second part seems impossible. Are companies expected to ask “How much gasoline did you burn to get here? What was your mileage per gallon? Does your utility burn coal or natural gas?
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