A panel from the appeals court has temporarily blocked the U.S. Securities and Exchange Commission's (SEC) new climate disclosure requirement, which mandated some businesses to disclose more information about the risks they face from climate change. This decision comes amidst a flurry of lawsuits against the SEC's rule from states, companies, and nonprofits, with critics like West Virginia Attorney General Patrick Morrisey accusing the SEC of exceeding its authority. The rule, aimed at providing more transparency on how climate risks affect businesses, particularly targeted the fossil fuel industry, including fracking companies. The Fifth Circuit's temporary blockage of the rule's implementation, notably in a challenge brought by oil and gas company Liberty Energy, has been met with approval from House Republicans, who argue that the SEC has no business attempting to dictate climate policy. This incident has led to House Republicans taking a victory lap, seeing the court's decision as a halt to what they consider unconstitutional rulemaking. The legal challenges and the court's stay highlight the contentious nature of regulating climate risk disclosures.