California is determined to give us the full bleak picture of totalitarianism, American-style.
Anticipating proposed SEC regulations, Newsom’s California is set to impose nonsensical mandates for reporting greenhouse gas emissions and “climate-related financial risk” that target companies with annual revenue of $1 billion or more (according to the terms of SB253) and $500 million or more (SB261).
Billion-dollar businesses will have to report all direct and indirect emissions, including emissions produced throughout a business’s supply chain. Business travel. Employee commutes. Penalties for failure to report could be as high as $500,000.
The cost is in time, money, privacy, freedom, with no benefits except to bureaucrats and politicians who enjoy bossing us around and destroying our ability to function.
These requirements are tyrannical in the same way they’d be tyrannical if required of you and me as individuals.
Do you know all about the emissions produced in delivering the water, electricity, electronics, gas, paper you use each month?
Care to drop everything you’re doing to find out?
And submit the data in a bureaucrat-satisfying format?
We already know what the results of California’s experiment will be. We already know that crushing freedom and giving unfettered power to slave-masters is not the road to wealth and happiness.
What we don’t know is exactly how far the Tarnished State’s aspiring totalitarians will go. But whatever the consequences, they’ll blame others … or just mutter “Good riddance, we didn’t want that prosperity and those evil businesses anyway.”
This is Common Sense. I’m Paul Jacob.
Illustration created with DALL-E2 and PicFinder.ai
—
See all recent commentary
(simplified and organized)