Apr. 23, 2026
Why is CARB giving insurers a pass on climate?
As CARB implements a first-in-the-nation climate risk disclosure framework, it is giving insurers a pass even as other companies must assess and disclose climate risks.
A regulatory agency giving special treatment to big business has become sadly commonplace. But who would expect it from a respected environmental agency in the Golden State?
The California Air Resources Board (CARB) has decided to give the insurance industry a pass as it works to implement the first-in-the-nation climate risk disclosure framework, which will require companies doing business in the state to assess and disclose their climate risks in a war...
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