The SEC sells out to Big Green fantasies

 John Horvat II:

Waging War on American Energy

...

 There has never been a proposal like this one in SEC history. The rule unloads a mountain of bureaucracy on already-struggling firms. It contradicts securities law and sound regulatory practice. Such disclosures favor progressive investors seeking to strangle oil and energy investment by depriving it of credit and capital. The new data provide ammunition to woke investors who can cancel offending companies.  

The SEC exists to ensure investors have relevant information about publically traded firms. That’s it. It was never intended to be a policy-making agency imposing an ideology. Its purpose is to assure fairness in the securities markets, protecting investors against fraud.

...

Given Big Green's serial false projections of doom and gloom love the last 50 years they have should have to disclose in the same documents how they have often been wrong.  They should have to disclose that the poles are still not ice-free and coastal cities are still not underwater as previously projected. 

See, also:

Trump was right about energy

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