WASHINGTON (AP) — In the latest action to undo Biden-era regulations on climate change, the Securities and Exchange Commission has proposed repealing a rule that requires some public companies to report their greenhouse gas emissions and the risks they face from global warming. The disclosure rule has been on hold since last year, after the commission said it was pausing its legal defense after legal challenges by business groups and Republican-led states. An SEC statement Friday said the disclosure rule exceeds the scope of the agency’s statutory authority and imposes an unnecessary burden on businesses. Environmental groups said eliminating the rule would leave investors without information they need to assess financial risks related to climate change.
(Copyright 2026 The Associated Press. All Rights Reserved.)
