"Big business is bucking Biden’s efforts to use SEC rules and the purchasing power of the U.S. government to reveal and reduce climate emissions".
"The Biden administration is struggling over rules that would force U.S. corporations to disclose more information about their climate risks and greenhouse gas emissions, from pizza deliveries and steel manufacturing to financial services and making cement.
If approved, the rules would affect government contractors, insurance firms and other companies and would enable the administration to better track and cap the carbon dioxide and methane emissions that contribute to climate change. It could also transform the purchasing practices of the federal government, which spends about $650 billion each year on goods and services, more than any other entity.
“Number one, the entire sustainability agenda is built on the premise that we have to lead by example, right?” Brenda Mallory, chair of the Council on Environmental Quality at the White House, said at a recent Washington Post Live event. “We are the largest employer in the nation. We have the most real estate in the nation, and so these all give us tools that are really important for us to take advantage of.”"
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