Executive Order 14008, Climate-Related Financial Risk

https://www.whitehouse.gov/briefing-room/presidential-actions/2021/05/20/executive-order-on-climate-related-financial-risk/

Biden Administration

The composites industry could face new pressure to have finacial climate risk assessments comparable and less than the finacial risk assessments of subsitute products in cosntruction, industry, energy, automobiles, etc. Not having better finacial risk assessments could make the composites industry less competitive

The executive order advances consistent, comparable, and clear diclosures of climate-related finacial risk.