WSJ Exposes SEC Chairman Gary Gensler as Anti-O&G Climate Zealot
Congress created and chartered the Securities and Exchange Commission (SEC), but the President appoints the person who runs it. The Bidenista currently running the SEC, Gary Gensler, is a real piece of work. He wants to permanently institutionalize requirements requiring 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). Such a move would significantly harm the oil and gas industry (see SEC Reg Requiring Disclosure of Climate Change Risk “Kneecaps” O&G). Republicans in both the House and Senate are aggressively pushing back against Gensler's plan (see Congress Hammers SEC Chairman, Demands Docs Related to ESG Reg). However, Gensler is pushing ahead with his plan and will soon release a new regulation requiring GHG disclosures.
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