• Admiral Patrick@dubvee.org
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    3 months ago

    Companies “colluding” to lower emissions:

    GOP: Rabble, rabble rabble!

    Companies “colluding” to gouge consumers:

    GOP: (crickets)

  • DevCat@lemmy.world
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    3 months ago

    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.

  • SeaJ@lemm.ee
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    3 months ago

    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.