Governor Gordon joined a coalition of 16 Governors taking aim at a proposed Biden Administration rule that would penalize companies engaged in traditional energy development.
The letter to President Biden and U.S. Securities and Exchange Commission Chairman Gary Gensler opposes a proposed rule that would require publicly traded companies to make detailed disclosures about climate-change risks and greenhouse gas emissions. The Governors view the rule as prejudicial to business and a disservice to investors by increasing compliance costs, necessitating speculation and disclosures that the federal government is not properly equipped to judge.
Read Governor Gordon’s bulletin here.