An influential government regulator wants all publicly traded companies forced to reveal their climate risk and greenhouse gas emissions. However, ABC, CBS, and NBC’s evening news programs rebuffed the attempt to force all publicly traded companies to disclose their greenhouse gas emissions. They also denied coverage of the announcement for the fourth consecutive day.
The Securities and Exchange Commission (SEC) proposed a rule that would mandate “hundreds of businesses report their planet-warming emissions in a standardized way,” according to The Washington Post. The 21 March Post story fawned over the news as a reflection of President Joe Biden’s so-called leadership in fighting climate change.
The New York Times similarly framed the SEC’s proposed rule as a significant achievement in freeing up the Biden administration’s “stalled environmental agenda.” But the green tyranny announcement received zero coverage from ABC, CBS and NBC evening news networks from March 21 to March 24.
The panel’s lone Republican was the only one to oppose the anti-free-market SEC proposal. This move is part of a growing number of large companies adopting ESG (environmental, social, and governance) programs. ESG, according to Investopedia is a standard that investors use in order to evaluate investment targets based on their social consciousness, environmental stewardship and executive leadership.
NBC’s sister network CNBC fielded criticismESGs during an interview that aired in March 24, Sen. Dan Sullivan (R-AK) said, “[T]he whole ESG movement is not reflective of what the average American wants.” Americans, Sullivan argued, understand that “when you restrict the production of American energy and make it harder to produce, the results are very predictable:” higher gas prices, fewer jobs and stronger enemies abroad.
“Good morning, everyone” @BlackRock!” – @JackPosobiec 🇺🇸 https://t.co/dmPgmnM1QH
— Tea Party Patriots (@TPPatriots) March 24, 2022
The Post described the proposed rule as a big win for environmentalists who hailed it as “a crucial first step in forcing the private sector” to address climate change. In other words, the SEC’s proposed rule appears to be a giant leap forward for the radical environmentalist movement.
The Wall Street Journal Editorial Board responded to the news more critically: “The Biden Administration is continuing its war on fossil fuels as if energy security doesn’t matter.” The Journal also claimed that the SEC’s climate rules “will saddle companies with new costs, discourage private firms from going public, and encourage some public firms to go private.”
The Journal Editorial Board also explained that “[t]The rule’s main purpose is to allow left-leaning asset mangers like BlackRock and public pension funds, as well as trial lawyers, to more easily bully companies..” [Emphasis added.]
Visiting fellow in business and economic freedom at The Heritage Foundation, Andrew Puzder, co-wrote a commentary slamming “unelected and unaccountable functionaries” like SEC Chairman Gary Gensler for pressing woke ESG regulations on Americans. Puzder quoted West Virginia Treasurer Riley Moore, who criticized BlackRock for embracing woke investment strategies that harm the energy sector, “while increasing investments in Chinese companies.’”
Conservatives under attack Contact ABC News at (818) 460-7477, CBS News at (212) 975-3247 and NBC News at (212) 664-6192 and demand they fairly cover the SEC’s anti-American energy proposal.
About Post Author
