https://www.washingtonexaminer.com/policy/economy/sec-proposes-mandating-climate-disclosures-from-corporations
I don't know how many of you are aware of this, but this administration is doing something else that will make everything but mostly energy more expensive, yay! and not help the environment AT ALL. Like a lot of bad gov programs though, Some consultants will get rich so that's awesome.
as someone who has dealt with regs for a long time, I can't tell you have fucking stupid it is to make a voluntary reporting system mandatory, but lazy stupid and idealogical idiots do it all the time.
Unlike other SEC filings about assets and real numbers that companies must do to inform shareholders etc, these will consist of estimates and made up numbers for all industries, but give the governments a chance to go after and punish those they decide are bad, and give NGOs more opportunities to sue.
Guess who will pay for all this tomfoolery?