Joe Biden considers ordering climate confessions – IOTW Report

Wa Ex:

Joe Biden is readying an executive order that would require companies to disclose the risks they face from climate change, special climate envoy John Kerry said this week.

Kerry didn’t elaborate on the details of the order or the timing, but the move would fulfill a promise Biden made on the campaign trail to require all public companies to report their emissions and climate-related risks.

Already, the Biden administration has taken a number of actions to bolster capacity at agencies such as 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. Last month, the SEC asked for input on establishing a regime for climate disclosures. read more

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