NEW YORK, June 11 (Reuters) - A U.S. congressional committee will accuse the biggest Wall Street firms on Tuesday, in a report seen by Reuters ahead of its publication, of colluding with advocacy groups to force companies to shrink their greenhouse gas emissions.
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The report says Climate Action 100+ “bullies asset managers to join” and presses them to use their shareholder votes in support of climate proposals, seeking to reduce fossil fuel extraction and raising energy prices for U.S. consumers.
Lobbying companies = bad.
Lobbying politicians and SCOTUS = good.
Now I get it. They’re afraid of losing some of that cash.
Good job, GOP, you got em! They conspired to increase their own costs
The Genocidal GOP strikes again.
The report says Climate Action 100+ “bullies asset managers to join” and presses them to use their shareholder votes in support of climate proposals, seeking to reduce fossil fuel extraction and raising energy prices for U.S. consumers.
Going to guess that they cite fossil fuel representatives as the source for the bullying claims.
They… They published a report… Saying that companies are colluding… to lower greenhouse emissions?
That’s what republicans think is a valuable use of their time seated in positions of power and influence? Trying to stop companies from checks notes NOT harming all life??
