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The SEC Is Now Fully Woke on Climate (Guest: Scott Shepard)

March 28, 2022

The Securities and Exchange Commission has proposed rules mandating every publicly traded corporation adopt woke climate standards and goals.

The Securities and Exchange Commission, ignoring its legal mandate to ensure corporate transparency, accurate reporting, and the prevention of fraud and insider trading, has proposed rules mandating every publicly traded corporation adopt woke climate standards and goals accounting for the carbon dioxide emissions throughout its supply chain. Then, companies need to set goals to reduce emissions.

The Free Enterprise Project's Scott Shepard points out this has nothing to do with what is best for businesses to flourish, make profits for business owners, or even investors, but everything to do with forcing the mission to fight climate change on the economy. The SEC has gone full on political in the remaking of America's market economy into one controlled by authoritarian elites.

Article Tags
Climate Change
Author
H. Sterling Burnett, Ph.D., is the Director of the Arthur B. Robinson Center on Climate and Environmental Policy and the managing editor of Environment & Climate News.
hsburnett@heartland.org