Daily Archives: 2 March 2022

Business and Climate Risk

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The Securities and Exchange Commission wants information from our businesses

about their climate risks as it gears up to propose new disclosure requirements on the topic.

In particular (so far):

The SEC requested information from the companies [43 or more US public companies] about significant risks related to climate change. The risks ranged from physical effects such as severe weather to litigation and regulatory compliance costs.

However, the only real risks American businesses face from the claimed climate situation are two. One is from Government regulations as Government men and women overreact to claims of dire climate evolution. Examples of this risk are that litigation and regulatory compliance cost bit and this:

The Biden administration and the SEC under Chairman Gary Gensler have made combating climate change and nudging investors to deploy more capital toward greener businesses a priority.

The other risk is from Government men and women using claims of dire consequences of climate evolution to expand bureaucratic power. The SEC’s demands for “climate risk decision-making” data preparatory to issuing related disclosure regulations is an example of this.

Two Examples of Progressive-Democrats’ Assault on Free Speech

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California doesn’t want anyone to contradict the State’s preferred narrative regarding the Wuhan Virus—not even medical experts.

Disagreement with the “contemporary scientific consensus” on COVID-19 issues could be deemed “unprofessional conduct” for California doctors.
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The bill, which was cowritten by five other California Assembly and Senate members, goes beyond regulating how California doctors can treat their own patients. It opens their statements about COVID—public or private—to review by the Medical Board of California and the Osteopathic Medical Board of California, with possible sanctions to follow.

This bill doesn’t care about disagreeing science. Medical opinion doesn’t matter unless it’s the State’s opinion. There is no Truth but Truth, and State is its name.

Illinois is joining the assault.

“Though the Illinois State Police respects the rights of citizens to express their opinions in a lawful manner, there is great concern with any event that is designed to impede or block the normal and reasonable movement of traffic,” ISP Division of Patrol Colonel Margaret McGreal said in a statement. “Traffic backups are a major contributing cause to traffic crashes which lead to property damage, personal injury, and even death. A planned event designed to impede normal traffic flow is dangerous to the innocent motoring public.”

There might be a problem—which the State government will define to be illegal after the fact, or will define preemptively, as convenient—so truckers shouldn’t speak up with their convoy protest. And they’re not even honking their horns.