There is a concerning precedent emerging within conventional American politics that mistakenly asserts a direct correlation between functional results and incremental regulation exists. Reality shows instead that regulation does not provide the strategic blueprint required to formulate long-term solutions and radical innovation. The U.S. Securities and Exchange Commission groundbreaking proposed climate change disclosure rule does not reflect that lesson and misses the mark. If passed, the 512-page proposal would mandate public companies to disclose an audited set of greenhouse gas emissions data from their direct operations, energy use, and value chain (i.e., Scope 1, 2, and 3, respectively). This proposal...