Comment on Climate Disclosure

From my comment to the Securities and Exchange Commission on ESG (environmental/social/governance) disclosure, including responses to the appalling claims made by people more interested in profits than the market forces they claim to exemplify, plus an example of 18th century ESG disclosure:

The accountability processes of government and business are each ideal for optimizing different policy issues, and we get into trouble when we let one take on the role of the other. What has made the US capital markets the most robust and respected in the world is the combination of market…