Companies "colluding" to lower emissions:
GOP: Rabble, rabble rabble!
Companies "colluding" to gouge consumers:
GOP: (crickets)
this post was submitted on 11 Jun 2024
86 points (97.8% liked)
News
23014 readers
10 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 1 year ago
MODERATORS
NEW YORK, June 11 (Reuters) - A U.S. congressional committee will accuse the biggest Wall Street firms on Tuesday, in a report seen by Reuters ahead of its publication, of colluding with advocacy groups to force companies to shrink their greenhouse gas emissions.
...
The report says Climate Action 100+ "bullies asset managers to join" and presses them to use their shareholder votes in support of climate proposals, seeking to reduce fossil fuel extraction and raising energy prices for U.S. consumers.
Lobbying companies = bad.
Lobbying politicians and SCOTUS = good.
Now I get it. They're afraid of losing some of that cash.
Good job, GOP, you got em! They conspired to increase their own costs
The Genocidal GOP strikes again.
The report says Climate Action 100+ "bullies asset managers to join" and presses them to use their shareholder votes in support of climate proposals, seeking to reduce fossil fuel extraction and raising energy prices for U.S. consumers.
Going to guess that they cite fossil fuel representatives as the source for the bullying claims.
They.... They published a report... Saying that companies are colluding... to lower greenhouse emissions?
That's what republicans think is a valuable use of their time seated in positions of power and influence? Trying to stop companies from checks notes NOT harming all life??
Next the GOP will be screaming to nationalize these publicly traded companies so the public has no say in how they're run.
Ceres said in a statement that the hearing is part of a larger political campaign to ban investors from considering climate-related financial risk.
...or maybe they'll codify in law that the only consideration is profit.
Next the GOP will be screaming to nationalize these publicly traded companies so the public has no say in how they're run.
For one, nationalizing would have the opposite effect. It literally means that the company is administrated by the people of the nation, and therefore they reap the profits/rewards. It also means they have more control.
Sure, an autocrat might try to use this to consolidate power, but the concept of nationalizing isn't inherently bad. It can be done correctly, and be a great boon for society.
Which is why, second, the GOP would never do such a thing. Wrest control of private corporations from billionaire capitalists that fund their campaigns and hand it to the people? Lol are we talking about the same party?
Brother, it was a joke.