In Push For SEC Disclosure Rule, Economists Project Firms’ GHG Damage

Economists are renewing calls for the Securities & Exchange Commission (SEC) to finalize its long-delayed climate disclosure rule, publishing the projected monetized climate damages that could be revealed by such corporate disclosures, while also emphasizing the lack of current dependable data on which to base the analysis. In an Aug. 24 article in Science , economists Michael Greenstone, Christian Leuz, and Patricia Breuer provide a “first-cut preview” of what expanded climate-related financial disclosures could reveal, in the form of...