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California Enacts Sweeping Greenhouse Gas Reporting Law

October 8, 2024--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Doing business in California, already one of the highest-cost states in the U.S., is expected to get more expensive and complex following Governor Gavin Newsom's signing into law Senate Bill 219 (SB 219) last month. SB 219 amends two previously enacted bills, SB 253 and SB 261, which the governor signed, with some reservations, last October. The new laws, which apply to all public and private companies doing business in California, enact plans to require all affected businesses to report their direct and indirect greenhouse gas (GHG) emissions starting later this decade. Companies featured: Meta Platforms Incorporated (NASDAQ:META), Amazon (NASDAQ:AMZN), Microsoft Corporation (NASDAQ:MSFT)

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