With the growing popularity of green movements in every facet of society, the Securities and Exchange Commission (SEC) is looking to launch the largest green financial initiative in history. They plan on implementing a new climate disclosure rule that will require all public companies to disclose their climate data. If the rule is adopted, it will bring about large pivots in global equity portfolio management and alter the market landscape for many industries.
Biden’s climate plan was one of the most highly anticipated of his campaign promises due to its $2 Trillion investment in combating climate change. This article will detail the basics of the plan, its effect on US GDP and investments, and analysis by policy experts.