A series of lawsuits have been filed against the SEC's new rule requiring publicly-traded companies to disclose climate-related risks. Three states initiated legal action, criticizing the rule for its cost, scope, and potential First Amendment issues. SEC Chairman Gary Gensler defended the regulation, emphasizing its importance for transparency. Additionally, the Sierra Club filed a lawsuit against the SEC, arguing that the climate mandate is insufficiently robust. The environmental organization seeks more comprehensive disclosure requirements to better inform investors about climate risks. Meanwhile, energy industry providers Liberty Energy and Nomad Proppant have requested a pause on the new rules, and eight state Attorneys General have labeled the SEC's crypto enforcement action as unlawful.
Sierra Club sues SEC over climate reporting rule https://t.co/rkT31x9o7A
BREAKING: We're suing @SECGov over its arbitrarily weakened climate risk disclosure rule. Our millions of members & supporters deserve full transparency about companies' climate risks in order to adequately manage their investments & retirement savings. https://t.co/6dbFdQyWP0
Sierra Club sues SEC over climate mandate that ‘falls short’ https://t.co/Y16bSlUjAc
We have a lawsuit against the SEC climate change rule.....from the Sierra Club. Here's the story from @andrewramonas h/t @NYCStein https://t.co/DDkzGzryLW https://t.co/KEKAbwkBof
9 more states sue SEC over climate disclosure rule https://t.co/t1DfSG1TZI https://t.co/ZfQLastJP0
8 State AGs Argue That SEC’s Crypto Enforcement Action Is Unlawful https://t.co/h0LUQrXEA1 | by @TroutmanPepper
Despite on-again/off-again SEC attitude re: GHG emission disclosures, major investors have increased demands that companies be more specific re: risk profiles. Thus, whether or not government requires it, GHG disclosures are here to stay--The Hill https://t.co/ydcy1MtPku
The SEC is due to respond to a request from energy industry providers Liberty Energy and Nomad Proppant to pause new agency rules requiring some companies to report climate-related risks. More in The Daily Docket: https://t.co/pPL94IoOxp Subscribe: https://t.co/jDp2Zvzsw0 https://t.co/ceI4twZHvj
The SEC releases its costly, unnecessary climate-change regulations. On #DefiningIdeas, Hoover fellow @RichardAEpstein discusses whether the truncation of the rules is a good or bad move in the fight to deal with global climate change. Read more: https://t.co/U50827NRI5
Young Americans See Promising Path for Future Climate Litigation https://t.co/bc2zCfoaMl
Three states sue over SEC's climate change rule; critics cite cost, purview, 1st Amendment SEC Chairman Gary Gensler is defending the new rule that would require climate-related disclosures by publicly-traded companies. Read more ⬇️ https://t.co/zsBqwbLX5W