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SEC set to vote on climate disclosure rule
The US Securities and Exchange Commission (SEC) is scheduled to vote Wednesday on whether to adopt rules that would require publicly listed companies to disclose more information about their carbon emissions and climate goals. The disclosure requirements have been among the most contested climate rules taken up under President Joe Biden, given the wide-ranging application of the regulations and a price tag the SEC estimated could be more than $6bn/yr. But the SEC, in the upcoming vote this week, is broadly expected to relax the final rule to lower the cost and reduce the risks of being blocked in court. The SEC first ... (full story)