carbon emissions reporting

Link to article here.

Americans Likely to Be Tracked for CO2 Emissions Under SEC’s New Climate Rule: Consumers' Research

Will your CO2 emissions data be collected and reported to the government in the near future? A consumer rights group said that a new rule proposed by the U.S. Securities and Exchange Commission (SEC) would lay the groundwork for doing so.

On March 21, the SEC proposed a rule titled “The Enhancement and Standardization of Climate-Related Disclosures for Investors” (pdf). The nearly 500-page rule would require SEC registrants—mostly public companies, investment advisers, and broker-dealers—to report certain climate-related information including their greenhouse gas (GHG) emissions.

The GHG emissions are categorized into three scopes. Scope 1 is the registrant’s direct GHG emissions. Scope 2 is its indirect GHG emissions from purchased electricity and other forms of energy. Scope 3 is indirect emissions from upstream and downstream activities in a registrant’s value chain.

Link to article here.

Electric Car Drivers: Why You Might Not Be Pumped Over Privacy-Jolting Mileage Taxes

The environmental impact of electric cars may still be unknown, but leaders are growing concerned about the threat they pose to the financing of the nation’s highway system. Because freeways and bridges are funded, in large part, through federal and state taxes on gasoline and diesel fuel, the battery-powered future will test whether roads can just be paved with good intentions.

Lawmakers on both sides of the aisle are trying to devise new ways to raise that fuel tax revenue, which in fiscal year 2020 delivered $35 billion to the federal government and an additional $51 billion to state and local governments. But experts say that proposed fixes to the anticipated highway funding shortfall—involving charging drivers for the miles they travel by tracking their movement—pose a significant threat to personal privacy and liberty.