According to a survey taken by Workíva and PwC of 300 executives at U.S.-public companies with at least $500 million in annual revenue, four in ten executives reported their companies are not ready to comply with the SEC's complicated and costly proposed climate accounting rule changes.
The SEC's proposed climate regulations trace back to a complex set of globalist arrangements that arose from the Financial Stability Forum that the G7 finance ministers and central bank governors created in April 1999 at a meeting in Bonn, Germany, "To promote international financial stability," as recommended by Hans Tietmeyer, then President of the Deutsche Bundesbank.
In 2015, the FSB created the Task Force on Climate-Related Financial Disclosures to develop consistent international rules for private corporations to report climate-related financial information "To support investors, lenders, and insurance underwriters in appropriately assessing and pricing a specific set of risks-risks related to climate change." Chaired by former New York mayor Michael Bloomberg, the TCFD has developed a voluntary set of recommendations that the EU has incorporated into its regulatory framework demanding TCFD-compliant NZE climate-sensitive financial reporting from all EU corporations.
The SEC's climate regulations accept as scientific fact the UN's Intergovernmental Panel on Climate Change warning that failure to cut global CO2 emissions significantly, the world would register a 1.5°C increase above preindustrial levels between 2030 and 2050.
The first sentence of Biden's executive order reads: "The United States and the world face a profound climate crisis." The executive order put the climate crisis "At the center of U.S. foreign policy and national security."
If the true agenda were to prevent global warming, the new climate audit regulations the SEC is promulgating would seek to reduce atmospheric water vapor, not CO2.
His book, Volume I in his Great Awakening Trilogy, The Truth About Energy, Global Warming, and Climate Change: Exposing Climate Lies in an Age of Disinformation, received highly positive reviews from prominent climate scientists.
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