US SUPREME COURT DECISION MAY HAMPER SEC’S FINANCIAL CLIMATE DISCLOSURE RULES
Sustainable Fitch has released a report outlining the potential effects of the U.S. Supreme Court’s recent decision to rule against the Environmental Protection Agency’s effort to regulate carbon emissions. The decision was based on the principle that federal agencies should not set regulations that have significant political and economic effects without explicit direction from Congress. This precedent results in uncertainty regarding the SEC’s proposed climate disclosure rules.
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