Posted on 11/09/2020 4:00:42 AM PST by Oldeconomybuyer
LONDON - U.N. envoy Mark Carney backed a push to make companies give investors an annual vote on their climate change strategies, saying on Monday that might prove more effective than “overly prescriptive” regulation.
Carney, who took a U.N. climate finance role after stepping down as Bank of England governor in March, said investors could have an automatic advisory vote on a company’s plans to cut greenhouse emissions, in the same way they have a say on pay.
“Rather than have authorities be overly prescriptive on plans, it may be desirable to have investors have a say on transition,” Carney told a conference on climate finance in London.
Carney was speaking at the start of a three-day Green Horizon summit in London, designed to mobilise the financial sector in the run-up to a U.N. climate change conference due to take place in Glasgow in late 2021.
(Excerpt) Read more at reuters.com ...
All enemies of freedom.
The Carney folks are always a bit odd.
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