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The Securities and Exchange Commission (SEC) faces legal challenges over its climate risk disclosure rules, with advocacy groups and states filing lawsuits. Climate adaptation businesses are gaining investor interest amid concerns about extreme weather impacts. The insurance industry, particularly in South Florida, is grappling with rising rates due to climate-related risks.
Florida officials too slow to overhaul homeowners insurance system | Opinion https://t.co/FIywp8L1uL
And now this from @NRDC: Green groups expand legal fight on diluted SEC climate rules https://t.co/MonWqkeluG
Communists and capitalists sue @SECGov over climate disclosure rule. No, that does not mean that there is middle ground. The rule is flatly illegal because the SEC was not empowered by Congress to act on climate and emissions are not material to actual investor decisions.… https://t.co/nkKmqGk4cm