California legislature passes bill to clarify state funding for offset projects, as climate disclosure proposal faces business lobby pushback

Published 18:50 on August 25, 2023  /  Last updated at 19:04 on August 25, 2023  / Matthew Lithgow /  Americas, Nature-based, US, Voluntary

The California Senate on Thursday approved legislation to clarify the eligibility of state-funded projects to generate carbon offsets, while a large business lobby ramped up its opposition to a bill that would mandate Scope 1-3 GHG reporting requirements within the state.
The California Senate on Thursday approved legislation to clarify the eligibility of state-funded projects to generate carbon offsets, while a large business lobby ramped up its opposition to a bill that would mandate Scope 1-3 GHG reporting requirements within the state.


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