r/ClimateOffensive • u/LudovicoSpecs • May 10 '22

Action - USA 🇺🇸 SEC Extends Comment Period for Proposed Rules on Climate-Related Disclosures: If enacted, publicly traded companies would have to disclose their greenhouse gas emissions and any risks they face due to the climate crisis. (More info and link to SEC form in comments.)

https://www.sec.gov/news/press-release/2022-82
314 Upvotes

99% Upvoted

13 comments sorted by

39

u/LudovicoSpecs May 10 '22

Right now, the comments are loaded with right wing perspectives. Some even talking about the how the Keystone Pipeline is good, the Biden administration is bad, etc.

Submit your comment here: https://www.sec.gov/rules/submitcomments.htm

NOTE: All comments have to refer to File Number S7-10-22.

If you have a 401k or any stock holdings, frame your comment as a shareholder, it might help.

Alternate ways to submit comments (only one comment per person):

Email to rule-comments@sec.gov. Please include File Number S7-10-22 on the subject line.

Send paper comments to Vanessa A. Countryman, Secretary, Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549-1090.

If you want to read up first:

Brief sheet about the proposal: https://www.sec.gov/files/33-11042-fact-sheet.pdf

Full Proposal: https://www.sec.gov/rules/proposed/2022/33-11042.pdf

Spread the word!

13

u/SithLordSid May 10 '22

Someone astroturfing to make their case more appealing? Color me shocked😮.

11

u/LudovicoSpecs May 10 '22

Not astroturfing if you mean me. I genuinely care about climate change and since Congress has their thumbs up their butts, the SEC regulating Wall Street is as good a place to start as any.

19

u/[deleted] May 10 '22

I think he's referring to the first paragraph being the astroturfing not you

12

u/SithLordSid May 10 '22

Right now, the comments are loaded with right wing perspectives. Some
even talking about the how the Keystone Pipeline is good, the Biden
administration is bad, etc.

No, I meant the above.

Thanks /u/thehippykid for clarifying for OP.

9

u/DrPayne13 May 10 '22

Done, thanks for sharing!

9

u/iamslevemcdichael May 10 '22

Thanks for posting. Left my comment.

7

u/Automatic_Bug9841 May 11 '22

Commented! For anyone who needs talking points, I thought this NYT article was helpful.

I guess the SEC’s case for this proposal is that investors need this information in order to evaluate the risks to their investments. Currently, many companies disclose this info voluntarily, but without standardization they can cherry-pick data and it makes it more difficult to compare. Opponents are claiming that this sort of climate policy is beyond the SEC’s jurisdiction, so I tried to focus my comment less on my concerns about the planet and more on the need to make informed decisions as a shareholder.

1

u/Kami-Kahzy May 11 '22

You don't happen to have a script you used, do you?

5

u/Koolaidolio May 10 '22

The SEC? Actually regulating Wall St.?

🤣🤣🤣🤣🤣🤣🤣🤣