The U.S. Securities and Exchange Commission (SEC) is supposed to protect the public from financial deception and corporate misconduct.
Instead, under the Trump administration, it is doing the bidding of fossil fuel billionaires by allowing oil and gas companies to hide their greenhouse gas emissions from the public. This blatant act of corruption is a direct attack on efforts to fight climate change, and we must demand immediate action to reverse this decision. Sign the petition now!For years, the SEC has required major corporations to disclose their environmental impact, ensuring that investors and the public understand how these companies individually contribute to climate change. But now, after just weeks in office, Trump's SEC has caved to the demands of oil and gas executives - including
two of Trump's biggest donors - by
suspending a rule that required energy companies to report their greenhouse gas emissions. This isn't just bad policy; it's a dangerous conflict of interest that prioritizes corporate profit over our planet's future.
Harold Hamm, the billionaire behind Continental Resources, has poured massive amounts of money into Trump's campaign. Kelcy Warren, who runs the pipeline giant Energy Transfer, has done the same. Along with Chris Wright, Trump's new Energy Secretary,
these fossil fuel executives have waged a relentless campaign to stop accountability measures that would force their companies to be
honest about their role in fueling the climate crisis. Now, they've gotten exactly what they paid for: a government that protects polluters instead of the people.
The SEC's decision is not only morally reprehensible but also financially reckless.
Climate change is one of the biggest economic risks of our time, and investors have the right to know which companies are contributing to this crisis. Even major financial institutions like BlackRock and Vanguard have supported these disclosure rules because they help investors assess
long-term risks. And to be clear: worsening droughts, famine, food insecurity, rising sea levels, intensifying wildfires, extreme weather, and other
consequences of climate change are huge long-term risks.But Trump's SEC doesn't care about protecting investors - it only cares about protecting its wealthy donors.
Allowing energy companies to hide their emissions is a massive step backward in the fight against climate change. We must demand that the SEC immediately reverse this corrupt decision and reinstate mandatory greenhouse gas disclosure rules for all energy companies--without exception. Sign the petition!