This article explains the opposition to the upcoming SEC climate disclosures rule as well as highlights its promise to lessen GHGs.
“This proposed rule is the Biden administration’s attempt to take power from the states by circumventing the democratic process and legislating through SEC regulations,” John Murante, Nebraska’s treasurer and the foundation’s chairman, said in the filing.Attorneys general from 24 Republican-controlled states stretching from Alaska to West Virginia wrote to the SEC last month, calling the agency’s climate disclosures plan “an ill-advised misadventure into environmental regulation.
have been responsible for 71% of all industrial emissions since human-driven climate change was officially recognized.
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