Add your name: Our tax dollars shouldn’t be fueling the climate crisis
We're calling on Congress to end these subsidies -- but we need your help.
U.S. PIRG submitted a public comment letter supporting the Securities and Exchange Commission’s proposed climate disclosures rule and made recommendations to strengthen it.
The public comment period for the Securities and Exchange Commission’s proposed climate disclosures rule ends today. U.S. PIRG submitted a comment letter supporting the proposal and made recommendations to strengthen it.
The proposed rule would require publicly traded companies to improve and standardize the information they disclose about their greenhouse gas emissions.
As our letter explains, the climate disclosure rule is particularly important because Americans’ retirement accounts and other savings could be endangered if we don’t acknowledge potential threats caused by climate change and work diligently to address them.
More from our letter on why investors need the climate disclosures rule:
“Without climate risk and greenhouse gas emissions disclosures, people contributing to their Individual Retirement Accounts (IRA’s) may be unaware of how much individual companies are vulnerable to the physical, transitional, and systemic financial risks caused by climate change, or the extent to which each company contributes to global warming, thereby creating risk to other issuers.”
Recommendations from our letter for strengthening the rule to provide maximum protection for investors:
Our full letter is available here.
We're calling on Congress to end these subsidies -- but we need your help.
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