President Joe Biden is preparing to issue an executive order that would require companies to disclose the risks they face from climate change, special climate envoy John Kerry said.
Article by Art Moore from WND.
While Kerry did not elaborate, the order would fulfill a Biden campaign promise to require all public companies to report their emissions and climate-related risks, the Washington Examiner reported.
Biden already has ordered the Treasury Department, the Securities and Exchange Commission, the Commodity Futures Trading Commission and the Federal Reserve to address the risks climate change poses to the financial system.
Republican lawmakers charge the administration’s efforts aim to curb investment in fossil fuels and shift investment to green ventures.
In fact, Kerry affirmed the objective of the Biden’s climate disclosure requirements is to impact the allocation of capital.
“Suddenly, people are going to be making evaluations considering long-term risks to their investment based on the climate crisis,” he said Wednesday at a virtual event hosted by the International Monetary Fund.
“And that will encourage new investment, as well as laws in countries,” he said.
Among the laws, he said, are tax incentives to support clean energy technologies.
In 2010, the Obama-Biden administration issued SEC guidance on climate disclosures but the reporting was not required.
The Examiner noted that some investors, who seek to align their portfolios with the Paris climate accord, have called on governments to require climate disclosure.
‘Nine years left’
In an interview with CBS “This Morning” in February, Kerry said the world has only more nine more years to “avert the worst consequences” of the climate crisis.
“[T]he scientists told us three years ago we had 12 years to avert the worst consequences of climate crisis. We are now three years gone, so we have nine years left,” he said.
“There’s no room for B.S. anymore,” Kerry said. “There’s no faking it on this one.”
Kerry’s warnings of a 2030 deadline for the planet is based on interpretations of a special report in 2018 by the U.N.’s Intergovernmental Panel on Climate Change. The Guardian newspaper headlined its article on the report “We have 12 years to limit climate change catastrophe, warns U.N.” But even the report’s supporters acknowledge it doesn’t say that. It concludes that if governments want to limit global warming to 1 degree Fahrenheit above today’s levels, they must reduce greenhouse gas emissions by about half by 2030 and to net zero by around midcentury.
In 1992, at the Rio Climate Summit, activists said the world had only 10 years to get global warming under control.
Biden announced in February that the U.S. has officially rejoined the Paris accord, without Senate ratification, one month after signing a directive reversing the Trump administration’s exit.
The president said the United States can “no longer delay or do the bare minimum to address climate change.”
The tipping-point warning isn’t new, as British scientist Philip Stott shows in a summary cited by Marc Morano in his book “The Politically Incorrect Guide to Climate Change.”
“In essence, the Earth has been given a 10-year survival warning regularly for the last fifty or so years. We have been serially doomed,” Stott said. “Our post-modern period of climate change angst can probably be traced back to the late-1960s, if not earlier. By 1973, and the ‘global cooling’ scare, it was in full swing, with predictions of the imminent collapse of the world within ten to twenty years, exacerbated by the impacts of a nuclear winter.”
In 2009, as a U.S. senator, Kerry claimed that the Artic would be ice-free in the summer by 2014.
“In five years, scientists predict we will have the first ice-free Arctic summer, that exposes more ocean to sunlight,” he said. “Ocean is dark, it consumes more of the heat from the sunlight, which then accelerates the rate of the melting and warming rather than the ice sheet and the snow that used to reflect it back up into the atmosphere.”
Some of Kerry’s critics have noted his regular travel by private jet. In his last year as secretary of state, he boasted of traveling more than 1 million miles over three years.
One Sick Day Proves We Need More Voices in Truthful Media
On October 19, I was sick. It crossed my mind that I had finally gotten the ‘rona, but my wife’s cream of chicken soup and a few extra hours of sleep into mid-afternoon had be back up and running after a sleepless night before.
When I finally stumbled over to my computer in the evening, I was met with a deluge of concern from readers. They asked what had happened as only one article had been posted that day. Generally, we post between 10-20 daily between all of the sites, not included curated and aggregated content. Seeing that we’d only posted my super-early morning article before taking the rest of the day off had readers assuming the worst.
We have a wonderful and talented group of writers who volunteer their time for the sites and their readers. Sharing their amazing perspectives has always been a blessing to us because we cannot afford to hire anyone at this time. But having great writers is meaningless if we don’t have great editors, or at least one additional. My wife helps me read and edit stories from time to time, but I’m a one-man show when it comes to getting the stories posted.
Whenever I highlight our desperate need for donations, I note that we do not receive money from Google ads even though most in conservative media are beholden. I often ambiguously note that the money donated will help us grow. Today, I’m highlighting a specific need. We must get an editor to help take some of the load and to expand on our mission of spreading the truth to the world. One sick day proved that.
The great news is that there is no shortage of people who CAN help. I am emailed variations of resumes every week by people who are much smarter than I am. As much as I’d love to hire some of them, we simply cannot. That takes money and as blessed as we’ve been to receive donations and collect ad money (though not from Google or Facebook), we have still fallen short.
Those who have the means, PLEASE consider donating. We have the standard Giving Fuel option and people can donate through PayPal. We are also diving into what we believe is extremely disruptive technology at LetsGo.finance, the world’s first major donation portal for crypto. I’ll be talking a lot more about them in the near future. Those who prefer Bitcoin can send to my address here: 3A1ELVhGgrwrypwTJhPwnaTVGmuqyQrMB8
We can get the voices out there and we’re willing to shine a spotlight on new talent. We just need the resources to make it happen. If you can help, we would be extremely grateful.
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