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AEG Comment on CSDS 2 Climate-related Disclosure Standards
After extensive consultation with our members, we must convey that we are in firm disagreement with CSDS 1and CSDS 2 as they are expected to bring about increased costs and uncertainties for businesses, particularly SMEs, with limited advantages for larger corporations, investors, or consumers. We must point out that these standards also contradict the values of a free market system by influencing investor choices and directing capital flows in a manner inconsistent with free enterprise.
After extensive consultation with our members, we must convey that we are in firm disagreement with CSDS 1and CSDS 2 as they are expected to bring about increased costs and uncertainties for businesses, particularly SMEs, with limited advantages for larger corporations, investors, or consumers. We must point out that these standards also contradict the values of a free market system by influencing investor choices and directing capital flows in a manner inconsistent with free enterprise.
More Uncommon Senselessness on Climate Change
Attendees to yet another COP28 gathering of ‘the rich, the famous and the confused’ under the guise of saving the world from alleged manmade global warming, met in oil-rich Dubai to talk about a ‘phase out’ or ‘phase down’ of hydrocarbon energy.
Attendees to yet another COP28 gathering of ‘the rich, the famous and the confused’ under the guise of saving the world from alleged manmade global warming, met in oil-rich Dubai to talk about a ‘phase out’ or ‘phase down’ of hydrocarbon energy.
