SEC climate rule prompts a rush to sue. Experts say companies are likely to prepare to comply anyway

  • 📰 wjxt4
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

An expected long legal battle has begun over a new rule that requires companies to disclose some emissions and climate-related information.

AES Indiana Petersburg Generating Station, a coal-fired power plant, operates in Petersburg, Ind., on Wednesday, Oct. 25, 2023. new rule requiring companies to disclose some emissionsThe rule adopted in early March was watered down from what the nation's top financial regulator had proposed two years ago, thanks to intense lobbying and talk of litigation from business and trade groups and some conservative lawmakers.

Sierra Club, the environmental group, and the Sierra Club Foundation also filed suit last week, arguing that the final rule will tell investors much less about the risks companies face from climate change compared to what was originally proposed. Climate risks are already having a profound impact on the U.S. financial system, they argued.

“What does the stay mean for companies subject to the rules? At this point, likely not much," Littenberg said.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 246. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

SEC Accused of Bending to Industry Pressure by Omitting Key Measure in New Climate RuleThor Benson is a staff writer for Common Dreams.
La source: commondreams - 🏆 530. / 51 Lire la suite »