This isn’t going to end well!
By Peter Murphy~
Last month the Biden Administration unveiled the latest chapter in its climate war against democracy and Americans’ standard of living. The federal Securities and Exchange Commission (SEC) proposed a series of new regulations on publicly traded companies to disclose “climate-related risks” and impact, each company’s green-house gas emissions, and a plethora of other costly compliance mandates.
The purpose of the new rules on “environmental, social, and governance” (ESG) issues is not subtle. The SEC states it is for “increasing investor focus and reliance on climate and ESG-related disclosure and investment.” The SEC’s enforcement division also promised “the use of sophisticated data analysis to mine and assess information across [businesses], to identify potential violations.”
American capitalism and freedom, fueled by abundant fossil fuel energy, has brought prosperity to scores of millions of Americans and produced the world’s largest middle class. It has been under attack by…
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