"Former Treasury Chiefs Tell SEC to Crack Down on Climate"

"Three former Treasury secretaries say firms are not giving investors honest information".

"Three former secretaries of the U.S. Treasury yesterday forcefully urged the Securities and Exchange Commission to manage financial disclosures related to climate change.

In a letter to the SEC, the bipartisan trio of secretaries Henry Paulson (R), Robert Rubin (D) and George Shultz (R) applauded the agency for issuing in 2010 a blueprint to help businesses explain how climate change affects them. But, they said, that measure isn't enough.

"We recommend that the Commission now move to promote and enforce mandatory and meaningful disclosures of the material effects of climate change on issuers," they wrote."

Benjamin Hulac reports for ClimateWire July 22, 2016.