States Advance Climate Disclosure Proposals as SEC Steps Back

State lawmakers want to make large companies disclose carbon emissions as the Trump administration retreats from federal requirements, proposing legislation that could unearth mountains of climate data while creating a patchy regulatory environment.

The bills introduced in New York, Colorado, New Jersey, and Illinois would require companies with more than $1 billion in annual revenue doing business in the state to report their greenhouse gas emissions every year or risk civil action from their respective attorneys general.

“Investors, consumers, and other stakeholders deserve transparency from companies regarding their greenhouse gas emissions to inform their decision-making,” New Jersey’s …