SEC Finalized its Climate Disclosure Rules, But Forgot to Consider the American Economy
Last week, the House Financial Services Committee held a hearing titled, “Beyond Scope: How the SEC’s Climate Rule Threatens American Markets.” The hearing examined the impact that the Securities and Exchange Commission’s (SEC) final 885-page rule, requiring public companies to release climate-related disclosures that track Scope 1 and 2 emissions, would have on the American economy across industries. Ranging from…