Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: More than one-third of states have started implementing measures to control and reduce greenhouse gas emissions, primarily through the development of GHG emission inventories and regional cap and trade programs. Although most state-level initiatives focus on large-scale sources of GHG emissions, such as coal-fired electric plants, smaller ones may be subject to emission limitations or allowance purchase requirements. Congress has also considered passing laws to reduce greenhouse gas emissions. These climate change regulatory and legislative initiatives may have a detrimental effect on Greylock Productiona's financial condition and financial results.
label: Transition risks