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Stock impact report

The Surprising Force Stalling Climate Progress: California Restaurants [BNN Bloomberg (Canada)]

DBA Sempra (SRE) 
Last dba sempra earnings: 2/27 06:55 am Check Earnings Report
US:NYSE Investor Relations: sempra.com/investors
Company Research Source: BNN Bloomberg
withering setbacks in recent memory wasn't delivered by the oil industry or coal excavators, but, rather, a group of restaurants in California. When Berkeley became the first city in the country to ban the extension of gas pipes into new buildings, it targeted a contentious source of climate pollution. The combustion of gas inside of homes and businesses to power things like furnaces, water heaters and stoves accounts for 9% of California's emissions, or 33 million metric tons of heat-trapping gases per year, equivalent to the entire climate footprint of Hong Kong. With the US gas system continuing to expand – the industry connects one new customer to the gas grid each minute – Berkeley was the first to try to stop this climate problem from becoming bigger. Since it enacted its ordinance in 2019, more than 100 cities, counties and states across the country have followed. Today, these efforts are reeling. The California Restaurant Association took the city to court in November 20 Show less Read more
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