Employees Quitting SEC at Record Rate Over Proposed ESG Regs
For some time, we’ve been sounding the alarm about a coming change at the Securities and Exchange Commission (SEC) that will force publicly traded companies to disclose mythical greenhouse gas emissions data (see SEC Votes to Force Public Companies to Disclose Mythical GHG Risks). The end result of the Biden SEC’s proposed new ESG (environmental, social, governance) regulations would be to “kneecap” oil and gas companies (see SEC Reg Requiring Disclosure of Climate Change Risk “Kneecaps” O&G). Apparently, it is the Bidenista head of the SEC (Gary Gensler) pushing this change and not the rank and file at the agency. In fact, the rank and file are quitting in droves, leaving the agency, because they want nothing to do with the coming catastrophe of the ESG reg being forced on it by Biden.
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