American Banker cites CEI Senior Fellow Richard Morrison on financed emissions:
Shareholders are already deciding whether companies should disclose more information about their emissions, often by vetoing proposals for more disclosure, said Richard Morrison, a senior fellow at the Competitive Enterprise Institute, a libertarian think tank.
“Investors have market power and can use that to demand things from companies and asset managers,” Morrison said. “If demand for this information is not consistent enough for investors to produce it, maybe the risk isn’t as big as some financial institutions are leading us to believe.”
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