Climate Inaction Could Cost $1,266 Trn, As US Pushes Back On Reporting [Forbes]
LIBERTY ENERGY CORP (LBYE)
NASDAQ:AMEX Investor Relations:
globenewswire.com/news-release/2012/07/05/272400/260812/en/liberty-energy-corp-retains-resultz-media-group-for-investor-relations-services.html
Company Research
Source: Forbes
While the SEC has finally released its rules on climate disclosure, the question of whether they will be implemented remains a matter of much debate. Given the growth of such regulation globally, across the EU and China, and even domestically given California's adoption of SB 261, is the US at risk for falling behind on climate disclosure? There is growing pushback against the use of ESG as a risk-adjusted investment lens. At a voluntary level, asset managers are under pressure to minimise their ESG focus. Alliances such as the Net Zero Insurance Alliance have seen an exodus of members following backlash in the US, with concerns that committing to net zero might violate anti-trust laws. While the anti-ESG movement is about social impacts as well as environmental, the focus on climate change is as an economy wide risk and countries and regions around the world are attempting to address and mitigate its impact. At a federal level, not only have 10 Republican States issued a legal c
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