The proposed IFRS Sustainability Disclosure Standard omits crucial factors like energy security and geopolitical stability and is skewed to exclude any advantages that may accrue through technology that would permit the continued use of hydrocarbons. This does not promote net-zero, it codifies absolute zero.
Through the demonization of CO2 emissions, the finances and operations of hydrocarbon companies, and any industry that utilizes hydrocarbons, will be seriously compromised to the point of extinction, which is why it is imperative that Canadian hydrocarbon companies submit feedback to the IFRS before the comment cycle closes on 29 July 2022.
For more details please read the new report Counting Carbon Molecules below.