Smoke Emissions in North Bend, Ohio

Thick smoke rises from an industrial chimney in North Bend, Ohio. Photo: Kelly / Pexels

(The Center Square) – A coalition of state financial officers applauded the Securities and Exchange Commission for moving to rescind its 2024 climate disclosure rules that is estimated to save public businesses more than $7.9 billion.

In March 2024, the SEC approved amendments to its rules that would mandate all public companies disclose greenhouse gas emissions, how it managed climate-related risks, and financial statements on severe weather events.

 

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