From WSJopinion: Companies often tout what they are doing to “save the planet” or “combat climate change.” None of these claims are tethered to reality, much less securities laws, writes Steve Milloy of JunkScience
Climate-change partisans on both sides often accuse one another of dishonesty. Here’s a suggestion for resolving that dispute in at least one important corner of the world—publicly owned companies.
Securities laws are built on disclosure and antifraud measures. Although climate isn’t a special circumstance that requires unique disclosure rules, during the Obama years the Securities and Exchange Commission issued guidance to companies for making climate-related disclosures. The guidance focused mainly on disclosing risks to...
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