Saturday, March 16, 2024

The war on business by insane regulations

Federal Court Halts Biden Admin’s Corporate Emissions Disclosure Rule

An appellate court paused the Biden administration’s corporate emissions disclosure rule on Friday.

The U.S. Court of Appeals for the Fifth Circuit granted Liberty Energy’s request for an administrative stay against the Securities and Exchange Commission’s (SEC) corporate climate risk and emissions disclosure rule, according to a court filing. The regulation requires medium-sized and large public corporations to disclose climate change-related risks and data on the emissions created directly by their businesses in financial reports.

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