In the Democracy model of Political Theory 101, Socialism is to the Left, and features limited government interference in citizen’s lives (not like today’s Socialism), few restrictions on voting (you’ve heard of Direct Democracy, right?), and the primary part is Government having massive control of all things Economy, up to and including owning the means of production. Progressivism (nice Fascism), as part of the Authoritarian model, coincidentally includes massive control of the economy. Either way, using the climate crisis scam as a platform to achieve government dominance over private entities is ready made for them
SEC Opens Review of Corporate Climate Change Disclosures
The Securities and Exchange Commission on Wednesday said it would review how companies are disclosing the risks they face from climate change, as the agency looks to refresh its more than decade-old guidance on the issue.
The regulator will evaluate and speak with companies about the extent to which they are complying with current climate disclosure guidance, first issued in 2010, and eventually update it to build “a more comprehensive framework that produces consistent, comparable, and reliable climate-related disclosures,†the SEC said.
“Now more than ever, investors are considering climate-related issues when making their investment decisions,†acting SEC Chairwoman Allison Herren Lee said in a statement. “It is our responsibility to ensure that they have access to material information when planning for their financial future,†she said. (snip)
The SEC’s move Wednesday is part of a wider shift by financial regulators and policy makers regarding climate change, a priority for President Biden, who has called for companies to disclose their greenhouse gas emissions and get the U.S. to net-zero emissions by 2050.
Well, this should be a good four years with the Biden administration destroying companies for an imaginary problem, eh?
