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Podcast: Townhall Review | Commentaries
Episode: Jerry Bowyer: Biden Administration Pushing Further on Social Credit for Corporate America
Description: The Biden appointee to the Securities and Exchange Commission is looking to impose a rule that would force companies to publish expensive and complicated reports confessing their sins when it comes to fossil fuel usage. This proposal is an accelerant for Environmental Social and Governance—ESG—a fad which is being used to politicize corporate management decisions. Activist investors have been trying to compel companies to disclose alleged climate risks for years, but most shareholders don’t agree and so the proposals lose when placed on the ballot. Having failed to get investors to push...