Friend,

Do you remember the Security and Exchange Commission's proposed climate rule?

Big Polluters certainly do. They've launched an all-out fear-mongering attack on this rule—they're terrified that public companies will be required to publicly disclose their pollution and climate-related financial risks because it disrupts the fossil-fuel-centered business model that lines their pockets.

But our case is only getting stronger. Thanks to the Inflation Reduction Act, the SEC's rule makes even more sense. Want the full story? Read our latest blog now—and share it with your network to spread the word!

Here's the gist: With the Inflation Reduction Act's $370 billion of climate investments, companies that invest in clean energy and decarbonization will enjoy enormous benefits—and those clinging to fossil fuels will lose market share.

Investors deserve reliable emissions disclosures from companies so they can assess which are truly prepared for the clean energy transition. And that means they need to have a full, accurate picture of a company's greenhouse gas pollution—including, for instance, emissions associated with burning the oil an oil company sells. These would be categorized as "Scope 3 emissions," which are often the vast majority of a company's pollution. These emissions must be reported if we hope to give investors full information.

This is a huge opportunity, and I have so much more to say about this critical climate policy—but I'll stop there for now. Get the whole story at our blog!

Together,

Lena Moffitt
Chief of Staff, Evergreen Action