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Utility Diveabout 2 months ago

CARB approves California’s climate disclosure regulations

Key Takeaway

California's new climate disclosure rules mandate Scope 1 and 2 emissions reporting, creating significant compliance burdens and strategic implications for large power consumers and developers in the state.

AI Summary

  • The California Air Resources Board (CARB) has approved new climate disclosure regulations for companies operating in California.
  • Companies will be required to report their Scope 1 (direct) and Scope 2 (indirect from purchased energy) emissions by August 2026.
  • This mandates increased transparency and compliance obligations for large power consumers, developers, and IPPs operating within the CAISO territory, potentially influencing energy procurement strategies and investment in emissions reduction.

Topics

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