Senate Republicans demand answers about a proposed Biden administration ESG rule for government contractors that would require disclosure of greenhouse gas emissions and climate-related financial risks, setting science-based emissions reduction targets. They argue that the rule would distract agencies from critical tasks and push leftist policies. If the rule is not stopped, Senate Republicans threaten to nullify it using the Congressional Review Act.
Key Points
ESG rule would require disclosure of greenhouse gas emissions and climate-related financial risks
Science-based emissions reduction targets would be set for federal contractors and suppliers
Senators are concerned about the rule's potential impact on national security and space exploration
Senate Republicans may nullify the rule using the Congressional Review Act if it is not stopped
Cons
The rule may distract agencies from critical tasks
The rule could push leftist policies through procurement policy