Thursday, March 07, 2024

The SEC’s Climate-Disclosure Rule Goes against 90 Years of Restraint

More useless and costly regulations that nobody needs!

More absurdities due to the Global Warming hoax and Climate Change religion!

"The Securities and Exchange Commission (SEC) is finalizing a mandatory climate-disclosure rule for public companies — perhaps the costliest regulatory mandate in its entire 90-year history. In fact, the rule represents the first SEC-inspired disclosure that compels secondary information beyond a company’s present and prospective financial performance.  ...
Public companies and their private suppliers face significant financial costs if the rule is enacted. The SEC estimates a 250 percent increase for disclosure costs from the climate rule alone, raising the annual amount to $10.2 billion. ..."

The SEC’s Climate-Disclosure Rule Goes against 90 Years of Restraint - Competitive Enterprise Institute The final rule will likely expose the SEC to a torrent of legal challenges.


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