“SEC adopts landmark climate rule — here’s what that means for public companies”
March 13, 2024
“For the first time, US public companies will be required to tell investors about their exposure to climate risks and greenhouse gas emissions.
On Wednesday, the Securities and Exchange Commission approved requiring US-listed companies to communicate how they are managing material risks related to climate change and how those risks affect their bottom lines. Large companies will also be required to disclose their direct emissions from their operations and energy use, known as Scope 1 and Scope 2 emissions…”
This is just more red tape to end competition among businesses. It’s anti-American and anti-capitalism. I’m sure online services or the service based industry has a lot to say about climate. And by a lot I mean almost nothing at all because they’re not affecting the climate.
I tell ya these local gyms are affecting the climate so much. All those people lifting weights is bad for the Earth. [/end sarcasm] This is just another weaponized piece of legislation that will be used to shutter small businesses.