"ExxonMobil has filed suit in federal court challenging two California laws that would require the oil giant to report the greenhouse emissions resulting from the use of its products globally. The 30-page complaint, filed Friday in the U.S. District Court for the Eastern District of California, argues that the laws violate the company's free speech rights by requiring it to "trumpet California's preferred message even though ExxonMobil believes the speech is misleading and misguided.""
"Senate Bill 253, the 2023 legislation known as the Climate Corporate Data Accountability Act, requires the California Air Resources Board to adopt regulations by this year to mandate public and private companies with more than $1 billion in annual revenue to begin publicly disclosing their emissions across three "scopes." Scope 1 emissions are defined as direct greenhouse gas emissions from a company and its branches. Scope 2 includes indirect emissions, such as electricity bought by the company."
ExxonMobil filed a 30-page complaint in federal court in the Eastern District of California challenging two state laws that would require reporting of greenhouse emissions from the global use of its products. The complaint contends the laws violate free speech by forcing the company to "trumpet California's preferred message" despite believing such speech is misleading. Senate Bill 253 requires companies with over $1 billion in annual revenue to disclose scope 1, 2 and 3 emissions. Reporting begins in 2026 for scopes 1 and 2 and in 2027 for scope 3. Exxon says the rules unfairly target large firms and force speculation about unknowable future developments. The attorney general's office and Exxon did not respond to requests for comment.
Read at Los Angeles Times
Unable to calculate read time
Collection
[
|
...
]