In a new bid to stop the onslaught of climate-related crises, including successive, record-setting wildfire seasons, increased flooding, and paradoxically increased and more frequent droughts, the California legislature has seized on a new initiative: corporate accountability.
Senate Bill 260, or “The Climate Corporate Accountability Act,” would apply to both publicly-traded and private corporations making more than $1 billion per year doing business in California. If adopted, it will require the approximately 5,000 companies to which it would apply to log every single element of their …
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