Legalenvironmental Regulation News

"Federal Court Pauses SEC Climate Disclosure Rules, Sparks Investor Debate"

The U.S. Court of Appeals for the Fifth Circuit granted Liberty Energy’s request for an administrative stay against the Securities and Exchange Commission’s corporate climate risk and emissions disclosure rule, which requires medium-sized and large public corporations to disclose climate change-related risks and emissions data in financial reports. The court's decision temporarily halts the implementation of the rule, following legal challenges from companies and Republican state attorneys general, as well as criticism from environmental groups for not being aggressive enough.