Senator Scott Wiener (D-San Francisco), Senator Henry Stern (D-Los Angeles), and Assemblywoman Tasha Boerner (D-Encinitas) will rally on the West Steps of the Capitol today (Wednesday) in support of the Climate Accountability Package” of legislation.
Because climate change is what’s on everyone’s mind these days, right? I mean, aren’t the Maui wildfires because… climate change? Isn’t California’s hot summer weather due to climate change? How about Hurricane Hilary – downgraded to a tropical storm – climate change?
If you follow mainstream media, that is what you’ve been told, ad nauseam, rather than elected lawmakers accepting responsibility for their failed “green policies” – which have blocked proper forest and land management and maintenance by reducing the fuel load, reducing ignition events such as proper power line maintenance would achieve, and better firefighting practices, said Alex Epstein, author of The Moral Case for Fossil Fuels and Fossil Future in a recent interview. Primary responsibility for the Maui wildfires rests on politicians’ implementation of green policies, resulting in mismanagement of the most important fire prevention practices. It’s a California deja vu, where Gov. Gavin Newsom defunded power line maintenance to pay for green energy, according to Epstein.
Sounding like climate mental patients, Sen. Wiener’s press statement says: “The Package, which consists of SB 253 (Wiener) and SB 261 (Stern), is the premier set of climate bills the Legislature must consider during the remaining weeks of this legislative session. Together these bills will set the national standard for corporate accountability on climate change by requiring large corporations to publicly disclose their emissions and the risk posed to their business by climate change.” (h/t Steve Milloy)
Senate Bill 253, SB 261, and SB 252 make up the Climate Accountability Package, modeled after the 2022 Climate Corporate Data Accountability Act, last year’s SB 260 which failed to pass, the Globe reported in July. SB 260 mandated all companies with over $1 billion in gross annual revenue disclose and set up targets to reduce greenhouse gas emissions.
These gems “Raise The Bar For Corporate Climate Action.”
SB 253 (Senator Wiener) will require all large corporations that do business in California to publicly disclose their greenhouse gas emissions in line with the Greenhouse Gas Protocol. “It’s time for the corporate community to come clean about their progress toward meeting our climate goals,” said Senator Wiener.
SB 253 is a business shakedown under the thin veil of “Climate Change.”
SB 261 (Senator Stern) “is modeled on the climate disclosure rules used by CALSTRS and hundreds of major financial institutions, as well as Federal securities risk disclosures that focus on financial risk related to the climate crisis. It protects consumers that stand to lose billions of dollars collectively if financial institutions fail to account for new risks associated with climate change.”
SB 261 and SB 252 just continues the disastrous political investment practices of CALSTRS and CalPERS, rather than remaining focused on the best investment practices for optimum outcome.
SB 252 (Senator Lena Gonzalez), “harnesses the power of California’s public investment funds, the California Public Employees’ Retirement System (CalPERS) and the California State Teachers’ Retirement System (CalSTRS), to push businesses to act on climate change while protecting these vital public funds from fossil fuels’ inherent volatility.”
All three bills are business killers – big business killers, authored by three lawmakers who have obviously never signed the front of a paycheck, or had any real employment responsibility, or accountability.
Remember, Sen. Wiener authored Senate Bill 260 last year, the Climate Corporate Accountability Act, and failed to drag it across the finish line by the end of the legislative session on August 31st. SB 260 would have been the first law in the country to require U.S.-based companies — those doing business in California and generating over $1 billion in gross annual revenue — to disclose all of their greenhouse gas emissions and set science-based targets to reduce those emissions. “This legislation will hold corporations accountable for their emissions, significantly reduce greenhouse gas emissions in the near- and long-term, and help California stay a national leader in the fight against climate change.” The bill failed to pass so Wiener brought it back again this year as SB 253.
What you are looking at is Democrats refusing to cast a vote for Wiener’s SB 260. This bill was even a bridge too far for 18 Assembly Democrats.
Sen. Wiener boasts of the corporate support they have for his climate accountability package:
“In recent weeks, a coalition of businesses have announced their support for one or both of the measures, including Salesforce, Levi’s, Microsoft, the American Apparel and Footwear Association, and many more. To represent this coalition of well-intentioned businesses, representatives from Patagonia, REI, and Persefoni will address the rally. They will be joined by premier California climate advocates from bill sponsors Ceres, Enviro Voters, Greenlining Institute, and Carbon Accountable.”
Do these corporate sponsors have any more understanding of who their clients are than Budweiser does?
They wrote a letter of support of the climate change bills, claiming among other things:
- Climate change poses a significant risk to our long-term economic success, impacts the health and livelihood of the communities in which we operate and live, and disrupts the value chains on which we rely.
- We are already taking action to reduce and disclose our emissions.
These corporations appear to be saying, “Don’t look at us – we support you. Tax those other polluting businesses.”
Climate change does not “pose a significant risk to our long-term economic success, impact the health and livelihood of the communities in which we operate and live, or disrupt the value chains on which we rely.” But banning fossil fuels does accomplish that. And pushing for an all-electric grid in California takes energy choice away from ratepayers and users, making all Californians the slaves of only one form of energy controlled by one source – government.Asm Approps Major Companies and Institutions Support SB 253
Should you desire to watch the Rally For The Climate Accountability Package, the event will be livestreamed here.
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