"Nine More States Sue SEC Over Climate Disclosure Rule"

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"Nine More States Sue SEC Over Climate Disclosure Rule"

"Nine states this week sued the Securities and Exchange Commission (SEC) over a rule that requires publicly traded companies to disclose some climate-related information to potential investors.

The lawsuit, led by the state of Iowa, comes after 10 states separately sued the SEC over the rule last week.

The rule in question requires publicly traded companies to reveal risks that climate change may pose to their business. It also requires some large and midsize companies to disclose how much carbon dioxide is emitted by their operations. "

Rachel Frazin reports for The Hill March 13, 2024.

Environmental Politics

Source: The Hill, 03/14/2024