Court halts SEC climate disclosure rule ...Middle East

A federal court on Friday halted a new federal rule that would require publicly traded companies to reveal climate change-related information. A panel of Fifth Circuit Court of Appeals judges issued an order that pauses the rule as litigation against it plays out. The order, from Judges Edith Jones, Stephen Higginson, and Cory Wilson — appointed by former Presidents Reagan, Obama and Trump respectively — did not detail the reasons for the pause. It came after fracking companies Liberty Energy and Nomad Proppant Services sued over the rule. They asked the court to halt the rule in the meantime, arguing that they are likely to ultimately prevail and in the meantime, would face c

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Last updated : 16 March 2024 clock 02:41 AM

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Court halts SEC climate disclosure rule ...Middle East

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