United States: California – First State To Enact Climate Reporting Legislation - Proskauer Rose LLP

California Gets , Drought-Free Forecast , Into 2025. 'Newsweek' reports that many of California's reservoirs have reached higher-than-average capacities, leading to hopeful forecasts for the drought-stricken state. In 2022, the entire state of California was classified as facing drought conditions. Over 16% of the state experienced exceptional droughts in 2022. . According to the United States Geological Survey (USGS), 'exceptional drought' conditions are the agency's most extreme classification. However, 2023 brought various storms and a wet winter that erased the drought throughout the state. On October 13, meteorologists at AccuWeather released an official prediction that California will be significant-drought-free into 2025. AccuWeather experts today are exclusively forecasting that there will be no significant drought in California into the winter of 2025, Bernie Rayno, AccuWeather Chief Video Meteorologist, via X. AccuWeather Chief Video Meteorologist Bernie Rayno added that many reservoirs in California are "running well above the historical average.". 'Newsweek' reports that while the reservoirs' water levels are expected to decrease through the winter, melting snow will help replenish the reservoirs in the spring. They're not really rising now because they're not adding precipitation and the snow has melted. They are lowering little by little, but further into the wet season we will start to see more of that change, Paul Pastelok, AccuWeather Senior Meteorologist, via 'Newsweek'. This is the first time in several years that we have seen the state have pretty much no drought. So that's a good sign for next year, Paul Pastelok, AccuWeather Senior Meteorologist, via 'Newsweek'

Over the weekend, Governor Newsom signed California's first in the nation greenhouse gas (GHG) emissions disclosure and climate-related financial risk reporting...

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