Navigating California's New Climate Laws: AB 1305 and Voluntary Carbon Offsets
By EsqSocial Corporation 25/04/24
With the voluntary carbon offset market being unregulated in the United States, California Assembly Bill No. 1305 (AB 1305) was enacted to confirm the authenticity of claimed emissions offsets, emphasizing the need to ensure the genuineness of voluntary carbon offsets ("VCOs") used by companies to offset their greenhouse gas emissions. Under AB 1305, effective January 1, 2024, companies must update their websites with disclosures of their VCOs and provide demonstrations substantiating any claims...
By: Davis Wright Tremaine LLP