The SEC’s Climate Rule Sparks Battleground Debate
Authored by Justin Bis via RealClear Wire, The Securities and Exchange Commission is at it again. Straying from its core mission of “protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation,” the SEC is now taking the mantle of climate activist. Chairman Gary Gensler’s signature policy, the Climate Disclosure Rule, was just approved in a partisan 3-2 vote. Companies will now have to disclose direct and indirect emissions that they produce to investors. This rule, in the guise of…