The U.S. Securities and Exchange Commission has proposed the full repeal of its 2024 climate disclosure rule. This rule required public companies to report greenhouse gas emissions and the financial risks they face from global warming to provide investors with better transparency. SEC Chairman Paul Atkins stated that the rules exceeded the agency's statutory authority and imposed unjustified costs on shareholders. Environmental groups and some legislators argue that removing these requirements hides material financial risks and limits the ability of investors to assess the impact of carbon offsets.
