Commentary: The Green U.S. Supply-Chain Rules Set to Unspool and Rattle the Global Economy

in a warehouse at General Mills

Making a box of Cocoa Puffs is a complicated global affair. It could start with cocoa farms in Africa, corn fields in the U.S. or sugar plantations in Latin America. Then thousands of processors, transporters, packagers, distributors, office workers and retailers join the supply chain before a kid in Minnesota, where General Mills is based, pours the cereal into a bowl. 

Now imagine the challenge that General Mills faces in counting the greenhouse gas emissions from all of these people, machines, vehicles, buildings and other products involved in this Cocoa Puff supply chain – then multiply that by the 100-plus brands belonging to the food giant.

Thousands of public companies may soon have such a daunting task to comply with a new set of climate rules proposed by the Securities and Exchange Commission.

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Ex-FBI Director Clears Papa John’s Founder of Racial Bias, Slams ‘Clearly Inaccurate’ Media

In a detailed rebuke of the news media, former FBI Director Louis Freeh said his exhaustive investigation of Papa John’s founder John Schnatter found no evidence of racial animus, citing corporate transcripts that directly contradict news reports suggesting the pizza executive had criticized NFL players for kneeling during the national anthem.

“A thorough examination … found that the public comments by Mr. Schnatter were neither intended nor can reasonably be interpreted to reflect any racial bias, prejudice, or disrespect for African Americans or people of color,” Freeh wrote in a report slated to be made public Tuesday.

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