California Publishes Legislative Intent To Push Compliance Date For VCMDA

As expected, California's Assembly Daily Journal has just published a letter of legislative intent regarding the compliance date for California's new Voluntary Carbon Market Disclosures Act.

The new law (which requires advertisers to include specific disclosures on their websites when making certain types of carbon emissions claims) took effect on January 1, 2024. But, at the end of 2023, the bill's sponsor, Assembly Member Jesse Gabriel, explained in a letter that his intent was that the first set of required disclosures would actually be posted by January 1, 2025. He noted that he intended to submit a formal letter indicating that intent when the California Assembly reconvened. That letter has just been published (available here, on page 3766) with a note that unanimous consent was granted to publish this statement of legislative intent: