S.E.C. Poised to Unleash a Sweeping “Climate Disclosure” Rule

[GURPS]

The Securities and Exchange Commission is poised to unleash rules mandating that public companies tell their shareholders and the federal government how they affect the climate.

The nation’s top financial regulator gave initial approval to the much-anticipated climate disclosure rule at a meeting on Monday, moving forward with a measure that would bolster the Biden administration’s stalled environmental agenda.
The proposed rule — approved by a 3-to-1 vote — aims to give investors a clearer picture of the risks that climate change might pose to companies, because of disasters like droughts and wildfires, changes in government environmental policies or consumers’ declining interest in products that contribute to global warming.
But the consequences could be more far-reaching: Environmental and corporate-governance advocates said the transparency the rule requires would hold companies accountable for their role in climate change, and give investors more leverage in forcing changes to business practices that contribute to rising global temperatures.

S.E.C. Poised to Unleash a Sweeping “Climate Disclosure” Rule

SEC has just polluted America's business environment.

legalinsurrection.com

 

[TPD]

More BS regs whose costs will be passed on to the consumers.

 

[Gilligan]

What a total crock. Create a fake crisis. Establish a cultist religion around the fake crisis. Force compliance with fake measures/actions promulgated to deal with fake crisis.