California Climate Rule Finalized
Guest blog from Tim Mohin, Global Sustainability Leader, author of the weekly ESG and Climate Newsletter. Author of the book: Changing Business from the Inside Out. Founder and Chairman of the Responsible Business Alliance (formerly the Electronic Industry Citizenship Coalition) . After three years of changing guidance, public workshops, and legal challenges ( which still hang over the rules ). Yesterday, at a public hearing, the California Air Resources Board (CARB) unanimously passed the implementing rule for SB 253 (emissions reporting) and SB 261 (climate risk reporting) for 2026. In what was a very lengthy hearing, CARB focused on confirming three main aspects of the rule for 2026: The reporting fee to recover the costs of administering the rules. Applicability and exemptions. Establishing the first-year reporting deadline for SB 253 (emissions reporting). CARB plans to initiate another rulemaking process in 2027 to address Scope 1 and 2 emissions, as well as Scope 3 e...