As ‘Impossible’ Deadline Nears, Groups Debate CARB GHG-Disclosure Rules

Stakeholder groups are advancing competing calls about how strongly the California Air Resources Board (CARB) should enforce looming mandates for large companies to report their greenhouse gas and climate-related financial risks, as officials face a July 1 deadline to finish complex rules to implement 2023 state laws with those requirements. “[E]ven if CARB could complete the rulemaking by this date, which we do not believe is possible, companies are still required to meet original statutory deadlines” for reporting climate data,...