Climate Policy Divergence: CARB Strengthens, SEC Repeals
Key Questions
What updates did CARB make to its cap-and-invest program?
California's CARB extended its program through 2045 with tighter allowance reductions and allocated $10 billion for electricity bill credits.
What is the SEC doing regarding climate disclosure rules?
The SEC is advancing the repeal of its climate risk disclosure rule while ESG reporting moves toward mandatory assurance standards.
How much water did Amazon's data centers use?
Amazon's data centers consumed 2.5 billion gallons of water last year, raising ESG concerns around AI infrastructure growth.
California's CARB adopted updates to its cap-and-invest program through 2045, with allowance reductions and $10B for electricity credits. SEC advances repeal of its climate risk rule. ESG reporting enters assurance era with $4T in funds demanding auditable data. El Niño warning adds urgency to climate risks. Amazon's data centers used 2.5 billion gallons of water last year, highlighting ESG implications of AI infrastructure. Climate investing strategies are gaining traction as actionable approaches for long-term investors.