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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.
Electric Vehicles: Can the Grid Bear the Load?
The current federal government decree is for all new passenger vehicles to have net-zero emissions by 2035 – that’s only 11 years away. Rather than liquid or gaseous fuel, electric vehicles (EVs) run on electricity and must get that electricity from somewhere.
The current federal government decree is for all new passenger vehicles to have net-zero emissions by 2035 – that’s only 11 years away. Rather than liquid or gaseous fuel, electric vehicles (EVs) run on electricity and must get that electricity from somewhere.
