ConservAmerica wrote to U.S. Securities Exchange Commission Chairman Gary Gensler concerning the Commission’s proposed rule on climate disclosures. The proposed rule’s prescriptive regime for emissions disclosures for public companies is unnecessary, will weaken our country’s energy security, and undermine our climate goals. As prices rise across energy categories that consumers rely on, the SEC, in its role as a financial regulator, cannot and should not move forward with a major environmental initiative without the direction of elected policymakers and agencies with environmental and energy expertise.
Read the full letter here.