The public will have an additional month to weigh in on the Securities and Exchange Commission's controversial climate-related disclosure rule.
The SEC announced on Monday that it extended the comment period for its climate-related disclosure rule, which would require companies to report both direct and indirect greenhouse gas emissions, through June 17. The original deadline was May 20.SEC Chairman Gary Gensler said people and entities"with diverse views have noted that they would benefit from additional time to review these three proposals.
The proposal, pitched as a tool to keep investors informed about risks, would make any corporation report to investors the greenhouse gas emissions coming directly from its operations, as well as those generated indirectly from the purchase of energy. Leading Republicans and oil and gas industry groups opposed the rulemaking, arguing the proposal and the philosophy behind it are responsible for stifling investment in fuel commodities that are in high demand.
The commission has historically “stepped in when there is significant need for the disclosure of information relevant to investors’ decisions,” he also said. “That’s where we are right now, by the way.”
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
EU lawmakers back rules to share out emissions cuts, hike airlines' CO2 costsLawmakers in the European Parliament's environment committee voted on a raft of climate change policies on Tuesday, including tougher rules to ensure each country cuts greenhouse gas emissions.
Weiterlesen »
Natural gas is fundamental to manufacturing in Pennsylvania | OpinionInnovations in the natural gas and oil industry have made America a global leader in emissions reductions, with Pennsylvania helping to lead the way.
Weiterlesen »
Apple slows return to office, will let employees stay remote and require masks in common spacesApple slows return to office plan, will let employees stay remote and require masks in common spaces
Weiterlesen »
Apple slows return to office plan, will let employees stay remote and require masks in common spacesApple is extending the ‘phase-in’ period
Weiterlesen »
Study Finds Many Existing Oil and Gas Sites Must Be Shut Down to Avert Climate Disaster\u0022Our findings show that halting new extraction projects is a necessary step, but still not enough to stay within our rapidly dwindling carbon budget,\u0022 said one researcher.
Weiterlesen »
‘If you live in Midland, you’re feeling it’: West Texas city experiencing worst inflation rate in the U.S.Inflation rates are high nationwide. But the country’s worst inflation can be found in West Texas. Midland’s economy is currently experiencing the worst inflation rate in the United States, hovering around 10% for the past six months. | via TexasStandard
Weiterlesen »