Utility Dive•about 1 month ago
Federal appeals court halts implementation of California’s climate disclosure law
Key Takeaway
The temporary halt of California's climate disclosure law introduces significant regulatory uncertainty for large businesses and developers operating in the state regarding future climate-related reporting requirements.
AI Summary
- •A federal appeals court (Ninth Circuit) has temporarily halted the enforcement of California's climate disclosure law.
- •The law would have required large businesses operating in California to publicly disclose their climate-related financial risks and emissions.
- •This ruling creates regulatory uncertainty for large power consumers and developers with operations or investment plans in California regarding future climate reporting obligations.
Topics
caisoemissionspolicy