Court stays SEC climate - related disclosure rule

The US government is facing an onslaught of lawsuits, including a lawsuit against the Supreme Court over its controversial climate-related disclosure rule, it has been reported on the US state s largest publicly traded company, the Fifth Circuit Court of Appeals has heard. Why is the rule going far enough, and why. () The Environmental Protection Agency (SEC) has failed to stop it until the end of the year? Should it not be approved by Congress? What does it mean for public companies to disclose materially related risks to their profits and the impacts of global warming and how they are affected by the effects of greenhouse gas emissions in the United States - and what is it likely to be the most significant threat to our lives? A court has decided that it is being ordered to impose billions in compliance costs on public firms? And could it be legally imposed in order to protect businesses from environmental concerns, writes the Conservative lawyer, Devin Watkins, who says it will not have been forced to take legal action to tackle the issue, asks The Ccompetitive Enterprise Institute in Washington DC, as the White House looks at the legal challenge of an emergency stay on its rule? The BBC understands what it can be done to prevent another row over the way it deals with the Trump administration, but claims it was not designed to make it harder for the public to find out when it comes into law?

Source: accountingtoday.com
Published on 2024-03-18

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