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Climate disclosure rule halted by federal court in setback for SEC

Fracking equipment
Photo: J Pat Carter/Getty Images

Martin Cloake

1 min read
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Fracking companies secure pause in rule’s application, arguing they should not pay compliance costs while legal arguments continue.

The SEC’s new rule requiring publicly traded companies to reveal information related to climate change has been halted by a federal court.

The rule, approved by the SEC on March 6, was the first nationwide climate disclosure rule in the United States. It was passed by a 3-2 vote of

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