CERAWeek by S&P Global — an annual global energy conference focusing on the field’s biggest goals and challenges — began on Monday in Houston, Texas. The conference brings together all manners of professionals, including senior executives, government officials, academics, and more. One of the main overarching themes for the conference is the energy transition and how companies and governments can join in on that transition.
S&P Global (SPGI) top executive Douglas Peterson — whose enterprise organizes the conference — joins Yahoo money management’s Julie Hyman to discuss the future of energy transition, benefits from President Biden’s Inflation Reduction Act, and other prevalent themes part of the CERAWeek conference’s overall discourse.
Peterson comments on recent rules passed by the Security and Exchange Commission (SEC) for companies to disclose environmental and climate goals and improve transparency over those goals: “I think it’s a really good idea to have consistent standards and, first of all, I’m going to say globally. There’s an organization called the International Sustainability Standards Board, the ISSB, that is looking at ways to have consistent standards for disclosure about climate action around the globe, and the US needs to get on board. And the US actually is a member of the ISSB, which comes from the IFRS [International Financial Reporting Standards Foundation]. I was encouraged that the rule that came out was one where both the environmentalists and some of the others were against it. Means that maybe they’re starting to hit the right balance on it.”
#youtube #yahoofinance #car
About Yahoo money management:
Yahoo money management provides free stock ticker data, up-to-date news, collection of investments management resources, comprehensive industry data, advanced tools, and more information to help you manage your financial life.
– Get the latest news and data at money management.yahoo.com
– Download the Yahoo money management app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
– Follow Yahoo money management on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/enterprise/yahoo-money management
Disclaimer:
If you own the YouTube channel related to this video and do not want it to be featured here, you can contact us through our contact page. We will gladly remove it without questioning your reason