Biden’s Security and Exchange Commission is proposing a new Climate Disclosure rule that will affect all businesses large and small.
This regulation would require businesses to:
- Determine how climate change could impact their business, operations, or financial condition.
- Determine their greenhouse gas emissions and even the emissions of businesses that they buy and sell from.
- Disclose how often their corporate boards talk about climate change
Companies will need to hire even more lawyers, consultants, lobbyists, and accountants to comply with these new regulations. Talk about a handout for the rich!
And we know that companies pass on their extra costs to the consumer, so you’ll bear the brunt of this new regulation.
The companies that will be most targeted are energy companies in the oil and gas or coal industries, and they will lose investors over their high emission disclosures.
There are so many things wrong with this woke regulation, and we created a Toolkit so that you can dive deeper into this regulation.
>>Check out the toolkit here
Please Submit a Public Comment…
If you want to fight this regulation, please visit heritageaction.com/climaterule to submit a public comment.
Every new regulation is subject to public comment from citizens like you. The Biden admin has already had to withdraw two regulations due to public outcry.
But please add 3-5 sentences of your own to our pre-written comment (you’ll see when you click heritageaction.com/climaterule). This is critical because the Biden admin must respond individually to each unique comment.
Thank you for your activism and let’s fight this regulation!
Best,
Janae Stracke
Director of Grassroots
Heritage Action