Climate

"Regulatory Confusion Ahead: SEC Abandons Climate Disclosure Rule as States and EU Forge Ahead with Competing Standards"

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Washington, D.C. – A significant shift in the regulatory landscape concerning climate disclosure is emerging as the Securities and Exchange Commission (SEC) withdraws its support for a controversial rule established in March 2024. This departure has left companies grappling with an inconsistent array of state and international mandates, creating uncertainty in compliance efforts due to the absence of coherent national standards. Initially, the SEC’s Climate Disclosure Rule required publicly traded companies to report greenhouse gas emissions and disclose material risks related to climate change. However, the rule faced immediate legal challenges, notably from Liberty Energy, … Read more

Colorado Supreme Court Paves Way for Boulder’s Landmark Climate Lawsuit Against Exxon and Suncor

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The Colorado Supreme Court has ruled that a lawsuit from the City and County of Boulder against Exxon Mobil and Suncor Energy can proceed, marking a significant development in a case that dates back to 2018. The city and county allege that the two energy companies have knowingly contributed to climate change through their fossil fuel emissions, claiming this contravenes the Clean Air Act. In a narrow decision, the court voted 5-2 in favor of allowing the case to continue in state court. Chief Justice Monica Márquez and Justices William Hood, Melissa Hart, Richard Gabriel, … Read more

Trump Challenges State Climate Laws in Controversial Legal Bid

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Former President Donald Trump is facing allegations of illegally attempting to challenge state climate regulations. The controversy centers on Trump’s approach to environmental policies enacted by various states, which have sought to curb carbon emissions and promote renewable energy. In recent months, Trump’s actions have attracted scrutiny from environmental advocates and legal experts. They argue that his efforts could undermine state authority and disrupt progress made in addressing climate change. Several states have implemented strict laws aimed at reducing greenhouse gases, which advocates believe are crucial for combating the climate crisis. Critics claim that Trump’s … Read more

Judicial Inquiry: Lawyers to Evaluate Trump’s Directive on State Climate Litigation

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In Washington, D.C., a federal judge has prompted attorneys to evaluate an executive order from former President Donald Trump that aims to impede state-level climate lawsuits. The order, issued during Trump’s presidency, has become a point of contention in ongoing legal battles over environmental regulations. The judge’s request comes amid challenges from various states that have launched litigation against oil and gas companies, alleging that these entities have contributed to climate change through deceptive practices. Trump’s administration previously argued that these state lawsuits stifle economic growth while undermining federal oversight. During a recent court session, … Read more