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OKIsItJustMe

(20,054 posts)
Thu Jun 13, 2024, 03:10 AM Jun 13

Reuters Exclusive: US House panel finds Wall St 'colluded' to curb emissions

https://www.reuters.com/sustainability/us-house-committee-report-finds-wall-street-colluded-curb-emissions-2024-06-11/
Exclusive: US House panel finds Wall St 'colluded' to curb emissions
By Isla Binnie
June 11, 20247:25 PM EDTUpdated a day ago

June 11 (Reuters) - The Republican majority in a U.S. congressional committee published a report on Tuesday accusing Wall Street firms of colluding with advocacy groups to force companies to shrink their greenhouse gas emissions.

The committee's report, which was reported earlier by Reuters, is the first since it launched an investigation in 2022 into whether corporate efforts to tackle climate change violate antitrust laws.

Several Republican-controlled states have been targeting Wall Street firms for entering into climate coalitions and marketing environmental, social and corporate governance (ESG)-focused investment products, fretting that these initiatives will harm jobs in the fossil fuel industry.



In the report, Republican lawmakers accuse President Joe Biden's administration of failing to "meaningfully investigate the climate cartel's collusion, let alone bring enforcement actions against its apparent violations of longstanding U.S. antitrust law."

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Reuters Exclusive: US House panel finds Wall St 'colluded' to curb emissions (Original Post) OKIsItJustMe Jun 13 OP
Had to read the title twice as it reads like satire. Eugene Jun 13 #1
Republican officials pick winners and losers perdita9 Jun 13 #2
A few more Losers: Brenda Jun 13 #3

Eugene

(62,172 posts)
1. Had to read the title twice as it reads like satire.
Thu Jun 13, 2024, 03:54 AM
Jun 13

Unfortunately move comes straight out of the Trump administration playbook.
House Rethugs have now pledged their fealty to Project 2025/Agenda 47.

perdita9

(1,154 posts)
2. Republican officials pick winners and losers
Thu Jun 13, 2024, 05:51 AM
Jun 13

Winners -- the fossil fuel industry.

Losers -- clean air and water

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