SEC climate disclosure rule faces opposition at House hearing
Almost all the witnesses listed to speak at the hearing oppose the climate rule.
The House of Representatives’ Financial Services Committee is holding a hearing today (January 18) on oversight of the SEC’s proposed climate rule, as opposition to climate disclosures grows in the US.
The future of mandatory climate disclosures in the United States appears uncertain: budget cuts may delay the implementation of California’s landmark climate reporting law, while at the federal level, the long-awaited rule drafted by the Securities and Exchange Commission (SEC) is facing increasing opposition.
