SEC’s new rule would add climate change
risks, emissions to corporate disclosures
Posted By: Ribicon, 3/21/2022 11:31:24 PM
The Securities and Exchange Commission unveiled a landmark proposal Monday that would require publicly traded companies to disclose emissions data and risks posed by climate change. The proposal, which must undergo a 60-day public comment period before the SEC makes it final, would be a first of its kind and mark yet another arena where the Biden administration hopes to combat a warming climate. It also underscores the administration’s concerns about climate change’s potential impacts on the economy. The idea faced immediate pushback from Republican lawmakers and industry groups. They said the regulators had overstepped their authority and would spread confusion through corporate offices and on Wall Street.
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Tens of thousands of asylum seekers are expected to flood the US-Mexico border next month as Covid restrictions on immigration are set to be lifted. Immigration experts warn that a 'bottleneck' of an estimated 170,000 refugees has built up over the last two years in Mexico after being turned away at the southern US border under a Trump-era policy known as Title 42. The policy allows border patrol agents to deny entry to migrants without considering their asylum claims if they have been in a country where a communicable disease–such as Covid–is rife. It has been used more than one million times during Donald Trump's
The United States will accept up 100,000 refugees fleeing the war in the Ukraine, the Biden administration announced on Thursday.
The announcement came during President Joe Biden's trip to Europe where he's meeting with leaders of NATO, the G7 and the European Union in three back-to-back emergency sessions to deal with Russia's invasion of the Ukraine. It's meant to help ease the humantarian criss taking place in Eastern Europe, where nearly 3.5 million Ukrainians have fled their bombarded country in one of the biggest refugee crisises since World War II.(Snip)In addition to welcoming more of the displaced, the Biden administration also announced more than $1 billion
As the world braces for a Third Word War, the U.S. Army is lowering its fitness standards to be 'more inclusive'. The Army is changing several of its fitness test exercises including the dreaded leg tucks in favor of planks because about half of all female soldiers were unable to complete the exercise. The new Army Combat Fitness Test, ACFT, which is comprised of six-exercises, also slashes the number of push-ups from 30 to ten, reduces the power throw distance by two thirds and gives more time to finish the two-mile run.(Snip)Under Donald Trump, a tough gender-neutral ACFT test was suggested but a trial found
Before announcing their shocking divorce, Bill and Melinda Gates shelled out a whopping $43 million for an oceanfront estate in San Diego—the latest hot spot in California. But it looks like Gates, 66, is the one to snag the idyllic property for his own use—and he’s customizing it to a T, The Post can report. The initial six-bedroom, 3.5 bathroom estate, which spanned 5,800 square feet, has been completely demolished and is being re-built from the ground up at the direction of the Microsoft tycoon himself. Gates has already stopped by twice in the last few months with his two bulletproof suburban security details
Global crises involving authoritarian states and concerns about animal cruelty are prompting Congress to scrutinize U.S.-funded research at labs overseas and mull whether taxpayer dollars should be redirected toward projects at home. Republican House members this month told the Biden administration to cancel a grant that funded spinal research on cats at state-owned labs in Russia, and lawmakers still have questions about how grant funding was spent at a virology lab in Wuhan, China, before the COVID-19 pandemic.(Snip)The Government Accountability Office told The Washington Times that it accepted a request from Congress to review operations at 300 labs in 57 countries that conduct animal research
The upcoming Guardians of the Galaxy and Tron rollercoasters are just two projects in the pipeline at Disney World that could be delayed if employees who are protesting the company's response to Florida's 'Don't Say Gay' bill get their way. Protesters have asked the company to halt donations to politicians involved in the passage of the bill, such as Gov. Ron DeSantis—but they also want Disney to stop all 'construction and investment in the state of Florida' until the bill is repealed.(Snip)Gov. Ron DeSantis, however, says the bill's aim is to 'empower parents' in their children's education, and make teachers recognize the distinction between 'instruction' and 'discussion.'
Everyone on the planet should be covered by an early warning system against extreme weather and climate-related disasters within five years, the UN secretary general has said. About a third of people around the world are not now covered by early warning systems, but in Africa the problem is greater, with about six in 10 people lacking such warnings. As climate breakdown takes hold, more people are likely to be affected by extreme weather, including flash floods, heatwaves, more violent storms and coastal storm surges, made worse by sea level rises. António Guterres said it was unacceptable that so many people were still not covered by early warning systems,
Kamala Harris wasn't happy with Joe Biden appointing her to address the southern border crisis, wanting a more softball foreign policy assignment, and thinks the president's 'white inner circle' looks down on her, according to claims made in a new book. During an April meeting with Congressional Black Caucus leaders, Biden praised Harris and said she would do 'a hell of a job' handling immigration.
'The vice president corrected him at once,' New York Times reporters Jonathan Martin and Alexander Burns wrote in their new upcoming book This Will Not Pass: Trump, Biden, and the Battle for America's Future.(Snip)'Harris worried that Biden's staff looked down on her; she fixated
A police union boss has accused Alvin Bragg's office of failing to issue a warrant to confiscate a career criminal's gun, two weeks before it was used in a fatal shooting. Tyrell Rodgers, 29, allegedly used a silver revolver to threaten and rob his estranged partner on February 8, a crime which was reported on February 17.
Two-and-a-half weeks later on March 8, the same gun was allegedly used by Rodgers—a man with 23 prior arrests on his rap sheet—in a double shooting on West 19th Street and Ninth Avenue in Chelsea, in which one man died.(Snip)Detectives applied for a search warrant
Beverly Hills business owners and residents are on high alert after millions of dollars of high-end jewelry and watches were stolen during a brazen broad daylight smash-and-grab burglary where the suspects used sledgehammers on Tuesday. Police said at least five masked suspects in black and gray hoodies broke through the thick, tempered glass window of Luxury Jewels of Beverly Hills located at the 200 block of South Beverly Drive at about 1:45 p.m.(Snip)Sedghi said it took the suspects eight or 10 times to hit the tempered glass with the sledgehammers before they were able to finally smash through it.
Alabama trans youth are facing a pair anti-LGBTQ bills in their state that advocates say could make it effectively impossible for trans drivers under the age of 19 to receive a license.(Snip)In Alabama, legislators are set to vote on “Alabama Vulnerable Child Compassion and Protection Act” this month, a that the bill would outlaw doctors from offering gender-affirming care to trans minors under the age of 19. If passed, the bill would make treatments like hormones and puberty blockers a felony in the state, and medical providers could face prison time and a fine of $15,000 (£11,333). The double drivers’ licence bind that would be created
A 73-year-old grandmother was killed during a brutal carjacking Monday in New Orleans, with a group of teenage attackers dragging her down the street for nearly a block while the woman screamed at them to let her go. Witnesses also described the gruesome scene after both her arm and her clothes were ripped off during the incident when they got stuck in the car's seat belt. Linda Frickey, 73, was dragged down North Scott Street in New Orleans after four teenage carjackers stole her car and trapped the grandmother outside her vehicle with her arm stuck in the seatbelt around 1:30 p.m. on Monday.
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Sen. Mitt Romney on Tuesday criticized his Republican colleagues' attacks against President Joe Biden's Supreme Court nominee Judge Ketanji Brown Jackson's record on child pornography cases.
"It struck me that it was off course, meaning the attacks were off course that came from some," Romney told The Washington Post's Paul Kane on Tuesday. "And there is no there, there."
Lawmakers are staying busy to make sure abortion on demand is the law of state as the United States Supreme Court revisits Roe v. Wade, including in California where women will be able to abort their unborn child for free.“With this legislation, we’ll help ensure equitable, affordable access to abortion services so that out-of-pocket costs don’t stand in the way of receiving care,” California Governor Gavin Newsom said in a statement. Senate Bill 245, named the Abortion Accessibility Act, prohibits insurance companies from charging a deductible, co-pay, or deductible for the procedure, which in California is available until “fetus viability.”
Kamala Harris wasn't happy with Joe Biden appointing her to address the southern border crisis, wanting a more softball foreign policy assignment, and thinks the president's 'white inner circle' looks down on her, according to claims made in a new book. During an April meeting with Congressional Black Caucus leaders, Biden praised Harris and said she would do 'a hell of a job' handling immigration.
'The vice president corrected him at once,' New York Times reporters Jonathan Martin and Alexander Burns wrote in their new upcoming book This Will Not Pass: Trump, Biden, and the Battle for America's Future.(Snip)'Harris worried that Biden's staff looked down on her; she fixated
We'll get to the CDC changes in a moment. First, we are just beginning to quantify the ongoing damage done by COVID, as well as the harm inflicted by related lockdowns and restrictions. Children and students were particularly hard-hit by the latter phenomenon, as they were overwhelmingly safe from severe outcomes from Coronavirus infections – yet had their learning, development and overall wellbeing aggressively stunted by terrible government policies in many parts of the country. We also know that drug overdoses surged overall, and youth suicide attempts increased, during this stressful period featuring a great deal of social isolation.
A Canadian branch of Home Depot sparked outrage after it posted a notice to employees about the benefits of “white privilege” and included a checklist for those who are “white, male, Christian, cisgender, able-bodied, and heterosexual.”
The notice, which is titled “Leading Practices — Unpacking privilege,” was
headquarters confirmed to The Post that the white privilege notice was material from its Canadian division. She said it hadn’t been approved by the company’s diversity and inclusion department. The flyer had a Home Depot logo at the top.
The Canadian staffers who were apparently given the learning material were encouraged to acknowledge “societal privileges that benefit white people beyond what is commonly
Madeleine Albright, the first woman to be Secretary of State, died on Wednesday from cancer at age 84. The mother of three served under President Bill Clinton from 1997 to 2001 and was a longtime diplomat.
Albright was born in 1937 in Prague, Czechoslovakia and immigrated to the United States with her family in 1948 as a refugee in the aftermath of World War II.
Her family fled to Britain in 1939 to avoid the Nazis and then the United States nearly a decade later to escape the communists' grip on Czechoslovakia.
With the price of gas rising across the U.S., lawmakers are developing a string of proposals to help motorists - from $400 rebates for all taxpayers in California to imposing windfall taxes on oil companies or a sliding scale of payments that could net families as much as $300 every month.The average cost of a gallon has raced past $4 a gallon amid domestic inflation and the impact of Vladimir Putin's war in Ukraine.This week, the average price of a gallon of regular gas in Los Angeles hit a record $6.011,
Cory Booker’s emotional defense of Ketanji
Brown Jackson brought the Supreme Court
nominee to tears 31 replies
Brown Jackson brought the Supreme Court
nominee to tears 31 replies
U.S. Sen. Cory Booker (D., N.J.) delivered an emotional and very personal defense of Judge Ketanji Brown Jackson that brought the Supreme Court nominee to tears Wednesday during her confirmation hearing before the Senate Judiciary Committee. ”You have earned this spot. You are worthy. You are a great American,” Booker told Jackson, denouncing Republican suggestions that the judge — who will become the first Black woman on the nation’s highest court if her confirmation is confirmed by the Senate — has been soft on crime. Booker, who touched on how he was the fourth Black person to be elected to
The upcoming Guardians of the Galaxy and Tron rollercoasters are just two projects in the pipeline at Disney World that could be delayed if employees who are protesting the company's response to Florida's 'Don't Say Gay' bill get their way. Protesters have asked the company to halt donations to politicians involved in the passage of the bill, such as Gov. Ron DeSantis—but they also want Disney to stop all 'construction and investment in the state of Florida' until the bill is repealed.(Snip)Gov. Ron DeSantis, however, says the bill's aim is to 'empower parents' in their children's education, and make teachers recognize the distinction between 'instruction' and 'discussion.'
The US State Department has offered a grant of up to $987,654 for projects that include reporting human rights violations by Israel, raising concern about the potential for abuse by organizations seeking boycotts, sanctions and international law tribunals against Israel. The Bureau of Democracy, Human Rights and Labor (DRL) announced "an open competition for projects that strengthen accountability and human rights in Israel and the West Bank and Gaza" last month, thought to be the first of its kind from Washington.(Snip)Prof. Gerald Steinberg, Director of NGO Monitor, which tracks funding for NGOs dealing with Israel-related issues, said he has never seen a US funding announcement of this kind.
Supreme Court nominee Ketanji Brown Jackson refused to define the word 'woman' during the fiery second day of her confirmation hearing conducted by the Senate's Judiciary Committee. The moment came during a tense exchange with Senator Marsha Blackburn (R-Tenn.) who pressed Jackson on sex and gender issues amid the fallout of biological male swimmer Lia Thomas storming to victory in the NCAA championships against female competitors.
Quoting late Supreme Court judge Ruth Bader Ginsburg, Blackburn said: 'Physical differences between men and women are enduring. The two sexes are not fungible. A community made up exclusively of one sex is different from a community composed of both.'
As Tuesday's Supreme Court confirmation hearing dragged into the evening hours, Senator John Kennedy (R-LA) raised a simple question about when constitutional protections for life — or even just life itself — begins. When does life begin, in your opinion," Senator Kennedy asked Judge Ketanji Brown Jackson for starters.
"Senator... um... I don't... know," Judge Jackson replied, followed by an uneasy, awkward laugh.
"Do you have a belief?" Kennedy pressed.
"I have, um, personal religious and otherwise beliefs that have nothing to do with the law in terms of when life begins," Jackson responded.
"Do you have a personal belief though about when life begins?" Kennedy probed.
Comments:
If you wanted to hamstring US companies versus international competitors, you'd force them to perform costly work that produces nothing of value whatsoever. Which evidently is the goal here. A secondary effect would be to encourage publicly traded companies to go private, thus avoiding this folly altogether.