Nature-based Carbon > Forestry > California legislature passes bill to clarify state funding for offset projects, as climate disclosure proposal faces business lobby pushback

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 / / Americas (US & Canada), Nature-based Carbon (Forestry), Net Zero Transition (Investment, Reporting & Disclosure), Voluntary (VCM Developments)

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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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