Posted on 03/06/2024 4:01:15 PM PST by CFW
The Securities and Exchange Commission (SEC) Wednesday adopted final rules regarding climate disclosures in a 3 to 2 vote.
The final rules left out some of the more burdensome reporting requirements for greenhouse gas emissions that were in the proposed rule, but they still maintain many of the other climate-related reporting requirements that critics say will be costly to comply with.
"Today, the SEC announced that it has allowed radical climate activists to hijack our capital markets. Unable to push their unpopular agenda through Congress, these leftists have found a willing partner in SEC Chairman Gary Gensler,” House Majority Leader Steve Scalise, R-La., said in a statement.
(Excerpt) Read more at justthenews.com ...
Another LAW by rule. Why do we have a congress?
More theft. SEC early life special…
Congress is just there to take our tax-dollars.
Related article from earlier this year:
“Biden’s proposal to outsource green regulations raises conflicts of interest and security concerns”
The climate cultist are going to destroy our nation.
It’s funny, but the Constitution makes mention only of legislative law. It says nothing about bureaucratic and judicial ‘law’.
” climate cultist”
WATERMELONS ....
The SEC? What authority do they have?
You’re joking, right?
So do something about it, Scalise! SCOTUS has already told you these rules aren't legitimate. Telling us just angers us more - and at both parties!
Over climate?
Why would the Houthis do this to us?
SEC wreaked havoc with Dodd-Frank. This may be worse. Not sure.
Putin and Xi are laughing at us.
Companies must comply with carbon emission standards according to the rules set by the SEC or face the consequences.
The standards are whatever the SEC says
.gov needs money
Letitia James is suing JBS food group ,a wholly owned subsidiary of the Brazilian multinational JBS S.A, for committing fraud by misrepresentation of their climate change policies, using the same law she used against Trump. Worked once.
SCOTUS should prepare a template ruling where they can simply replace the text particulars and get it out quick. Arguments in the AM and publish the ruling in the PM.
Because Congress doesn't yet know it is irrelevant.
It’s ridiculous
U.S. Constitution
Article 1. The Congress shall construct a thermostat to control the temperature of planet earth.
Article 2. Every hour, the Congress shall adjust that thermostat.
CSpan3/7/24 6:40am
Brad Sherman, “I think the companies will comply . I think many of them will like the fact there is a standardized way to define their greenhouse gas effect. This is long overdue. I’m an old CPA. The goal is to report to shareholders and perspective shareholders the information they think is material to their investment decision. For an awful lot of investors the greenhouse gas effect of a company is material and what this is will do is to cause companies to compete for capital by reducing their greenhouse gas effect. This is going to help us in our climate goals.”
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.