Hey, you know how I constantly write that “climate change” is really about Progressive politics, which requires bigger and bigger centralized government with more and more control over our lives, over private entities, and over economies?
New York comptrollers call on SEC to enforce climate change disclosures at companies
New York state Comptroller Thomas DiNapoli and New York City Comptroller Scott Stringer on Friday said the SEC should “consider enforcement and other actions†to make fossil-fuel companies improve disclosure of “material risks†that climate change “poses to their business.â€
Mr. DiNapoli is the sole trustee of the $181.7 billion New York State Common Retirement Fund, Albany, and Mr. Stringer is the fiduciary for the $163.4 billion New York City Retirement Systems, which consists of five city pension funds.
“The silence of fossil-fuel companies on the risks they face from climate change is a red flag for investors,†Mr. Stringer said in a news release issued by both comptrollers.
“It’s time for the SEC to step in and, through regulatory or enforcement action, require these companies to provide complete and accurate information to protect investors and the broader marketplace,†Mr. DiNapoli said in the news release.
Huh. More Big Government. Weird, right?
Interesting that neither comptroller is willing to divest their funds from fossil fuels, as well.
