A proposed rule from the Biden administration would require federal contractors to delegate “quasi-regulatory” authority to two environmental activist groups, the Carbon Disclosure Project (CDP) and Science Based Targets initiative (SBTi) collecting annual climate disclosures and target data for reduction in greenhouse gases from federal contractors. If the rule is implemented, federal contractors would be required to pay fees to these groups to comply with the regulation.
Read MoreBiden’s Proposal to Outsource Green Regulations Raises Conflicts of Interest and Security Concerns
