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Exclusive: Companies face a financial risk from the climate crisis. States want them to reveal just how much

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Corporate America must be compelled to fess up about the financial risks posed by the climate crisis, a coalition of state attorneys general told the Securities and Exchange Commission on Monday

In a comment letter obtained exclusively by CNN Business, California and nearly a dozen other states warn that the SEC's current disclosure rules are inadequate given the gravity of the climate crisis and the transparency investors crave."Climate change is not a distant problem to be dealt with in the future," the letter to the SEC reads."It is here, and it threatens the US economy and its financial system.

Developer pulls the plug on Keystone XL oil pipelineAt the same time, climate change and the transition to clean energy poses legal, business and physical risks to companies — including ones that states and their residents invest in directly or through retirement accounts and pension programs.

 

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Next up cnn talks about climate all day every day just like that video told us they would 😂

Yet they seem to care about BTC that bring crisis.

how about the cost of the “solution” to the “climate crisis”?

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日本 最新ニュース, 日本 見出し

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