SEC changes climate risk disclosure rules
by The Green A-TeamFull Green Building Law article here.
Green Air Filter:
A small yet potent architectural firm whose principals happen to be close friends and occasional business partners of mine, recently completed construction of a very green, very LEED residential townhouse project just down the way in the Boerum Hill section of Brooklyn (full article and interview is forthcoming). The project began in 2006, weathered the nightmare market, ran up against DOB blockades thrown up by officials whom had no idea what evacuated tube solar hot water systems meant, and only in the past weeks has the developer been able to show off his dream to potential buyers.
As expressed so eloquently and succinctly by the author of this article, Shari Shapiro, Attorney and LEED AP, the United States Securities and Exchange Commission only just recently by way of what appears to be logical deduction and something that actually resembles reason concluded that companies might actually be encouraged to invest in green technologies as climate risk has been equated to a risk to shareholders. The correlation between what the SEC has done and what my friends at Cycle Architects are doing is that with perseverance, good work, determination, and knowing what’s just, eventually, dreams do come true.
Photo by webjunkie80.