Should tech companies be required to report AI’s environmental impact, or is voluntary transparency enough?

Can voluntary reporting by tech companies actually lead to meaningful environmental change, or does it require mandatory regulation to be effective? Additionally, could this type of legislation set a precedent for holding the broader tech industry accountable for its ecological footprint?

https://ace-usa.org/blog/research/research-technology/pros-and-cons-of-s-b-3732-the-artificial-intelligence-environmental-impacts-act/