US appeals court temporarily pauses SEC climate disclosure rules

Reuters ^ | March 15, 2024 | by Clark Mindock

[Oldeconomybuyer]

March 15 (Reuters) - A U.S. appeals court on Friday temporarily paused new rules issued by the U.S. Securities and Exchange Commission requiring public companies to report climate-related risks.

The 5th U.S. Circuit Court of Appeals granted request for an administrative stay of the rules roughly a week after oilfield services companies Liberty Energy Inc. and Nomad Proppant Services LLC filed a lawsuit challenging them.

The rules aim to standardize climate-related company disclosures about greenhouse gas emissions, weather-related risks …

[Leaning Right]

> new rules issued by the U.S. Securities and Exchange Commission <

I just checked my copy of the Constitution. Only Congress can make new “rules”. Unelected bureaucrats cannot.

[butlerweave]

climate-related risks = nonsense

[taxcontrol]

The world is suffering from NOT ENOUGH CO2

[for-q-clinton]

The SCOTUS is taking up that very issue. Hopefully they rule against the administrative state and force congress to do their job or nothing changes.

[WASCWatch]

Companies can cut and paste the following. “Our company does not have knowledge of climate or environmental risks.”

[ronnie raygun]

its a cancer brought on by our own

[linMcHlp]

U.S. Constitution

Article 1. The Congress shall construct a thermostat to control the temperature of planet earth.

Article 2. Every hour, the Congress shall adjust that thermostat.

[nagant]

Using electricity to power activities is NOT environmentally safer. It takes more energy and burns more fossil fuel to generate electricity, transmit it to a destination, store it, retrieve it, and convert it into energy than simply burning the fossil fuel at the point of use. The information regulations enforced by the Biden regime totally omit the wasteful, polluting portion of the electric energy stream.