GOP warns SEC to drop climate rule after Supreme Court ruling on EPA

Posted on AllSides July 14th, 2022
From The Right

Republican attorneys general are threatening legal action against the Securities and Exchange Commission over its proposed rule for climate-related disclosures on the grounds that it contravenes the Supreme Court's recent ruling in West Virginia v. EPA.

The 24 state officials submitted new comments on the SEC rule on Wednesday, arguing that its proposal to require corporations to disclose climate change-related risks to their business constitutes a "major question," meaning it deals with a policy of major political, economic, or social significance. The Supreme Court just limited the Environmental Protection Agency's authority to regulate power sector greenhouse gas emissions,...

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