Tag:climate action
Clearing the Air: The Need for Federal Limits on Private Jet Usage
As the planet grapples with the alarming effects of climate change, a glaring disparity emerges: while everyday Americans are held accountable for their environmental impact, the ultra-wealthy continue to fly under the radar in their private jets. This contradiction highlights the urgent need for change in the approach to private air travel and its contribution to global warming. If society truly cares about the planet’s future, regulatory bodies need to stop turning a blind eye and hold those who are contributing to the same standard.
Climate-Related Disclosures for Investors: What the SEC Has Proposed & How Proposals May Impact the Regulatory World and Small Businesses
In March of this year, the Securities and Exchange Commission (SEC) proposed a new rule that would require public companies to disclose important information about their carbon footprint. Although many continue to sing the praises of the new rule, a fair share of critics has emerged as well. Additionally, while this proposal may have an impact on large public companies, critics question what this rule will mean for smaller suppliers.
The Latest Environmental Regulations and What It Means for the US
For the past few weeks, world leaders have been discussing climate action and how to tackle the growing problem at COP26. They recently reached an agreement that pushes countries to strengthen climate targets that can be achieved in the near future and limit fossil fuel use, but they are still facing criticism from scientists who say it is not enough. While they did come up with language urging countries to move away from fossil fuels, there are few concrete goals written leaving it largely up to the countries themselves to decide how to meet those goals.