The Fifth Circuit restored the SEC's climate disclosure regulations on Friday after it paused the rules earlier this month. https://t.co/O8ZKxGYkeY
Litigation over whether the SEC can require public companies to disclose their greenhouse gas emissions will be consolidated and reviewed by the conservative-leaning Eighth Circuit. https://t.co/vhMeCPjCUn
Republican AGs Challenge SEC’s Climate Disclosure Rule https://t.co/Yoyy3w45fA
The U.S. Securities and Exchange Commission's (SEC) new climate disclosure rules, requiring public companies to report climate-related risks, are facing consolidated litigation. At least nine lawsuits challenging these regulations have been brought forward, primarily by Republican-led states and a business group. These cases have been directed to the conservative-leaning Eighth Circuit Court, known for its conservative leanings, after a judicial panel's decision. This move comes after the Fifth Circuit Court previously paused the SEC's climate disclosure regulations earlier in the month, only to restore them recently. Republican AGs are among the challengers.
