{"id":531253,"date":"2010-04-16T18:48:18","date_gmt":"2010-04-16T22:48:18","guid":{"rendered":"http:\/\/www.grist.org\/article\/2010-04-15-sec-ruling-convert-short-term-greed-sustainability\/"},"modified":"2010-04-16T18:48:18","modified_gmt":"2010-04-16T22:48:18","slug":"will-an-sec-ruling-convert-short-term-greed-into-long-term-sustainability","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/531253","title":{"rendered":"Will an SEC ruling convert short-term greed into long-term sustainability?"},"content":{"rendered":"<p>\t\t\t\tby Grist <\/p>\n<p>\n.series-head{background:url(http:\/\/www.grist.org\/i\/assets\/climate_desk\/header.gif) no-repeat; height:68px; text-indent:-9999px;} h3.subscribe-head{padding-left:5px;background-color:black;color:#ff8400;} dl.series-nav{margin-top:-15px;}\n<\/p>\n<p><\/p>\n<p>I know. I know. The phrase Securities and Exchange Commission is zzzzzzzzzzzzzzzzzzzzzzz. But the SEC did something sort of landmark last January: in a 3-2 vote, commissioners approved guidelines that urge companies to regularly disclose climate change-related risks (and opportunities) to investors. If you&#8217;re a big box store importing underwear from China, or an insurance company indemnifying coastal businesses, you&#8217;ll have to start accounting for the carbon cost of all that transportation, or the projected rise in global sea levels. We&#8217;re not talking laws here, just guidelines. But the SEC&#8217;s decision should make corporate America take climate change more seriously, and it may even push American businesses and investors&#8212;and the rest of us&#8212;to start thinking long-term again, a nice ability to rediscover if we ever hope to combat climate change. We&#8217;ve convened some heavy hitters to weigh in on what happens next. Call in to hear them predict the future [on Monday, April 19, 2pm EDT, 11am PDT, at 347.934.0400.]<\/p>\n<p><\/p>\n<p><strong><a href=\"http:\/\/www.e3network.org\/srcdtl.php?cnID=60\">Kristen A. Sheeran<\/a><br \/>Executive Director at Economics for Equity and the Environment Network<\/strong><br \/>&#8220;Environmental risks have largely been absent from long-term planning because we&#8217;ve been rooted in a mindset that&#8217;s shorter, and that believes we&#8217;ll be able to adapt with a more prosperous economy and investment in technological changes. That mindset is changing, and this ruling is a clear indication of that shift.&#8221;<\/p>\n<p><\/p>\n<p><a href=\"http:\/\/www.ourfuture.org\/user\/11090\/full\"> <strong>Sara Robinson<\/strong><\/a><strong><br \/>Fellow, Campaign for America&#8217;s Future<\/strong><br \/>&#8220;Accepting limits is a very new thing for Americans. But the average American feels that the crazy<br \/>\ndays are over and we have to get serious about how make it through the winter. We are gathering ourselves to live in a world<br \/>\nwith more limits.&#8221;<\/p>\n<p><\/p>\n<p><\/p>\n<p><strong><a href=\"http:\/\/www.paxworld.com\/about\/pax-world-management-team\/\">Julie Fox Gorte<\/a><br \/>Senior Vice President for Sustainable Investing at Pax World Management Corporation.<\/strong><br \/>&#8220;I do think corporations can lead. A few have. And corporations are going to have to lead if we&#8217;re going to be able to live on this planet.&#8221;<\/p>\n<p><\/p>\n<p>&nbsp;<\/p>\n<p><\/p>\n<p><strong>Related Links:<\/strong><\/p>\n<p><a href=\"http:\/\/www.grist.org\/article\/tea-party-supporters-far-less-informed-about-climate-change-than-the-genera\/\">Tea Party supporters far less informed about climate change than general public<\/a><\/p>\n<p><a href=\"http:\/\/www.grist.org\/article\/the-climate-post-why-isnt-the-keeling-curve-more-famous\/\">The Climate Post: Why isn&#8217;t the Keeling Curve more famous?<\/a><\/p>\n<p><a href=\"http:\/\/www.grist.org\/article\/the-real-problems-with-paul-krugmans-climate-economics-primer\/\">The Real Problems with Paul Krugman&#8217;s Climate Economics Primer<\/a><\/p>\n<p>\t\t\t<br clear=\"both\" style=\"clear: both;\"\/><br \/>\n<br clear=\"both\" style=\"clear: both;\"\/><br \/>\n<a href=\"http:\/\/ads.pheedo.com\/click.phdo?s=c0357d1ecacdf7ba4a314d1eda90446c&#038;p=1\"><img decoding=\"async\" alt=\"\" style=\"border: 0;\" border=\"0\" src=\"http:\/\/ads.pheedo.com\/img.phdo?s=c0357d1ecacdf7ba4a314d1eda90446c&#038;p=1\"\/><\/a><br \/>\n<img loading=\"lazy\" decoding=\"async\" alt=\"\" height=\"0\" width=\"0\" border=\"0\" style=\"display:none\" src=\"http:\/\/ib.adnxs.com\/seg?add=24595&#038;t=2\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>by Grist .series-head{background:url(http:\/\/www.grist.org\/i\/assets\/climate_desk\/header.gif) no-repeat; height:68px; text-indent:-9999px;} h3.subscribe-head{padding-left:5px;background-color:black;color:#ff8400;} dl.series-nav{margin-top:-15px;} I know. I know. The phrase Securities and Exchange Commission is zzzzzzzzzzzzzzzzzzzzzzz. But the SEC did something sort of landmark last January: in a 3-2 vote, commissioners approved guidelines that urge companies to regularly disclose climate change-related risks (and opportunities) to investors. If you&#8217;re a big box [&hellip;]<\/p>\n","protected":false},"author":765,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-531253","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/531253","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/765"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=531253"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/531253\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=531253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=531253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=531253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}