SEC’s Climate Disclosure Rule a Cost Burden that “Misses the Mark”

In March the U.S. Securities and Exchange Commission (SEC), corrupted by the Bidenistas, said it will begin to force all publicly traded companies to disclose their so-called greenhouse gas (GHG) emissions and the imaginary climate risks their businesses face (see SEC Votes to Force Public Companies to Disclose Mythical GHG Risks). Companies will have to pretend they care about supposed man-caused global warming and cook up hokey methods for evaluating how much carbon dioxide not just their own company, but their customers “emit” into the air when using a company’s products (so-called Scope 3 emissions). It’s an attempt to totally control businesses without actually owning them (Communism, or owning the means of production, without actually calling it that). A column in RealClearEnergy outlines how the SEC's regulation "misses the mark" and "represents a cost burden as opposed to a solution that would reduce global emissions to the benefit of society."

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