Pathway 5.

Electricity Decarbonization → Phasing Out the Use of Fossil Fuels for the Generation of Electricity

5.7.17 Stranded Assets and Climate Disclosures

LPDD Recommendation: “The federal government, states, or the private sector could require companies to consider the possibility that their fossil fuel-related assets would be stranded, before making investment decisions.”

LPDD Recommendation: “State PUCs should consider the possibility of stranded assets when assessing proposals for fossil fuel infrastructure that will be paid for by ratepayers, such as electric transmission lines and (in states where electric utilities are still vertically integrated) generating facilities.”

LPDD Recommendation: “CEQ should reinstate its 2016 guidance for considering GHG emissions in NEPA review.”

31 Resources Found, Displaying 1 thru 10

Massachusetts Gas Transition Order

Jurisdiction: State Agencies

Prohibits gas utilities from charging customers for new gas infrastructure if there are viable alternatives, and from using ratepayer money to "promote" natural gas.

California’s Climate Corporate Data Accountability Act

Jurisdiction: State Legislatures

Will require companies with more than $1 billion in annual revenue to disclose their carbon emissions, including emissions from their supply chains.

Proposed California Climate Corporate Data Accountability Act

Jurisdiction: State Legislatures

would require all companies earning at least $1 billion in revenue and doing business in the state to provide information on their global carbon footprints starting in 2026, including emissions from direct operations, energy use and supply chains.

Minnesota Guidance on Climate Impacts in Environmental Review

Jurisdiction: State Agencies

Minnesota updated its procedures for conducting environmental review under the Minnesota Environmental Policy Act to require that projects offer assessments of their carbon impact.

Proposed Federal Supplier Climate Risks and Resilience Rule

Jurisdiction: Federal Agencies and Departments, Private Entities

Federal contractors receiving more than $50 million in annual contracts will be required to publicly disclose Scope 1, Scope 2, and Scope 3 emissions, and set science-based emissions reduction targets.

Federal Reserve Guidance on Climate Risks to Large Banking

Jurisdiction: Federal Agencies and Departments, Private Entities

Prods lenders with more than $100B in assets to take steps to assess and manage their exposure to the clean energy transition and physical climate impacts.

SEC Rules on Climate Disclosure (Updated March 2024)

Jurisdiction: Federal Agencies and Departments, Private Entities

Several climate-related disclosure rules, ranging from discussions of climate-risk evaluation and governance to the impact of specific climate-related events on financial statement line items and related expenditures.

Net Zero Asset Managers Initiative

Jurisdiction: Private Entities

International group of asset managers committed to supporting the goal of net zero greenhouse gas emissions by 2050 or sooner.

California’s Proposed Climate Corporate Accountability Act

Jurisdiction: State Legislatures

Would require U.S-based corporations that do business in California and earn more than $1 billion in annual revenue to publicly disclose their greenhouse gas emissions.

UK Mandatory Climate Risk Disclosures

Jurisdiction: Foreign

An array of climate-risk reporting is being developed in the UK, phasing in between 2021 and 2025.