Public companies are legally required to disclose their risks to investors, but it's a rare company that incorporates climate change into those mandatory disclosures; under a new presidential campaign platform proposal from Elizabeth Warren (disclosure: I am a donor to both Warren and Sanders's campaigns), the SEC would require public companies to incorporate two kinds of climate risk in their warnings: first, the risks of an out-of-control climate (fires, floods, etc); and second, the risks from the a transition to clean energy (collapsing fossil fuel prices). The idea is to accelerate divestiture from climate-destroying industries like oil and fracking, and to spur investors to favor companies with a plan to mitigate the effects of climate chaos on their operations.
Elizabeth Warren wants to force companies to warn investors about their risks from climate change
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Former Vice President and 2020 Democratic presidential candidate Joe Biden said Thursday if he is elected president, he will require Americans to wear masks in public to fight coronavirus. READ THE REST
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Save 50% on a 1-year subscription to Dashlane's premium password manager
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