Jun. 06, 2022
I'm a grandfather who has been studying Climate Change science and politics for over a decade. I have been curating a blog since 2013: Kids Global Climate Change Institute, https://www.scoop.it/topic/kids-global-climate-change-institute-kgcci , where I have collected much of what I have read on the topics. I’m losing hope after decades of broken, inadequate, global, regional and local promises that the United Nations now reports will deliver us a 2.4°C world. And that calculation is a dramatic underestimate because it doesn’t include feedback loops like permafrost melting and the declining albedo effect. I am frightened for the future of my five grandsons because of over four decades of no effective action to stop the increase of greenhouse gases that are warming and destroying our planet. I strongly support Rule S7-10-22 to require corporations to disclose climate-related financial risks. The climate crisis is the single greatest risk to our future, financially and otherwise. Investors and the public at large need clear, consistent, reliable information about the environmental impacts of corporate activity and what, if anything, they are doing to lower that impact. Many companies are already voluntarily disclosing their climate risks, but it's time for every company to get onboard. This rule would level the playing field by eliminating any competitive advantage created by a lack of climate transparency. 85% of Americans want U.S. companies to be transparent about their impact on people and the planet, according to a recent poll conducted by Just Capital. This is a clear, sensible, yet powerful intervention that will help right the ship for a clean, livable future for all Americans. Sincerely, Dennis A. Richards Andover, Massachusetts