 Energy & Environment |
Energy & Environment |
|
|
SEC pauses final climate rule pending court challenge |
The U.S. Securities and Exchange Commission (SEC) announced Thursday it will stay implementation of its final rule requiring companies to disclose their climate-related risks pending the results of a legal challenge from GOP-led states. |
The SEC said in its ruling that the stay does not indicate an abandonment of the rule, which it will continue to defend against a court challenge from Republican attorneys general. "The Commission has determined to exercise its discretion to stay the Final Rules pending the completion of judicial review of the consolidated Eighth Circuit petitions," the agency said in its order. "[T]he Commission will continue vigorously defending the Final Rules' validity in court and looks forward to expeditious resolution of the litigation." The rule, finalized by the SEC earlier last month, requires companies to disclose any risks climate change poses to their business and, in some cases, for larger and mid-sized companies to provide information about their carbon dioxide emissions. Nine Republican attorneys general, led by Brenna Bird of Iowa, have sued in the Eighth Circuit, arguing it exceeds the agency's authority. The lawsuit is one of three against the rule, with a total of 25 Republican state AGs involved in litigation. A coalition of 18 Democratic AGs, meanwhile, has filed a motion to intervene in defense of the rule in the Eighth Circuit case, writing "investors need reliable, comparable information about risks that registered companies face and how they are managing those risks." Read more at TheHill.com. |
Welcome to The Hill's Energy & Environment newsletter, I'm Zack Budryk — keeping you up to speed on the policies impacting everything from oil and gas to new supply chains. | |
|
How policy will affect the energy and environment sectors now and in the future: |
|
|
Lightning and thunder weren't enough to shake a mother eagle taking care of her eggs in West Virginia. |
| |
|
The adoption of electric vehicles (EVs) across the Bay Area has brought a small but steady decrease in carbon dioxide emissions to the region, a new study has found. |
| |
|
Eight nonprofit institutions will administer $20 billion in federal funds designated for combating climate change and reducing pollution. |
| |
|
Branch out with a different read from The Hill: |
|
|
Ford is delaying the rollout of its new electric pickup truck and electric SUV as the demand for EVs decelerates industry-wide. |
|
|
Panasonic is supporting jobs, communities and a brighter future for everyone. |
At Panasonic Energy, we set out each day to change the world by accelerating the transition to sustainable energy through the production of safe, high-quality lithium-ion batteries. And this is just the beginning. Learn more. |
|
|
News we've flagged from other outlets touching on energy issues, the environment and other topics: |
|
|
Global Forest Loss Remains High, Despite Recent Progress (The New York Times) House GOP Considering Requiring LNG Approvals in Ukraine Aid (Bloomberg)
Interior reverses Trump coal mining oversight rule (E&E News)
|
|
|
Two key stories on The Hill right now: |
|
|
A federal judge denied former President Trump's efforts to toss his Mar-a-Lago documents case Thursday, arguing that the more than 300 classified records recovered from his property could have been considered personal records. Read more |
| Former White House attorney Ty Cobb predicted Wednesday that the 11th Circuit Court could ultimately decide to remove Judge Aileen Cannon from the case involving former President Trump's mishandling of classified documents at his estate in Florida. Read more |
|
|
Op-ed related to energy & environment submitted to The Hill: |
|
|
You're all caught up. See you tomorrow! |
1625 K Street NW, 9th Floor, Washington, DC 20006 |
Copyright © 1998 - 2024 Nexstar Media Inc. | All Rights Reserved. |
|
|
|
If you believe this has been sent to you in error, please safely unsubscribe.
No comments:
Post a Comment