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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.
Progress Over Chaos: Alberta’s Path Forward
It’s easy to get caught up in the whirlwind of external forces—the looming U.S. tariffs, another 20% carbon tax hike on April 1st, and years of short-sighted policy decisions that have left Alberta more vulnerable than we should be. But dwelling on what we can’t change doesn’t move us forward. Instead, we should focus on what we can control—our businesses, our industries, and the policies we influence at home.
It’s easy to get caught up in the whirlwind of external forces—the looming U.S. tariffs, another 20% carbon tax hike on April 1st, and years of short-sighted policy decisions that have left Alberta more vulnerable than we should be. But dwelling on what we can’t change doesn’t move us forward. Instead, we should focus on what we can control—our businesses, our industries, and the policies we influence at home.
