News & Analysis as of

Biden Administration Securities and Exchange Commission (SEC) Greenhouse Gas Emissions

Baker Donelson

Red Tape or Green Future? Unpacking California's Climate Disclosure Laws and the Pushback

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As the federal government works to roll back climate regulations and climate-focused initiatives, states are developing avenues to fill in the gaps left behind. In 2024, the Securities and Exchange Commission (SEC) adopted...more

Mintz

SEC Abandons Climate Disclosure Rule

Mintz on

As expected, the SEC under the Trump Administration has abandoned the climate disclosure rule promulgated by the Biden Administration. Specifically, as stated in a court filing today, “the Commission has determined that it...more

DLA Piper

SEC Climate Disclosure Rules: Four Potential Paths Under President Trump

DLA Piper on

The US Securities and Exchange Commission (SEC) adopted landmark final rules (Climate Disclosure Rules, or Rules) in March 2024 intended to enhance and standardize climate-related disclosures for publicly listed companies....more

Skadden, Arps, Slate, Meagher & Flom LLP

Some States Prepare for the Expected Rollback of Biden Environmental Regulations

President-elect Trump has said he would reverse his predecessor’s climate policies, withdrawing from the Paris Agreement on greenhouse gas emissions and rescinding some EPA emissions rules....more

Akin Gump Strauss Hauer & Feld LLP

This Week’s Climate Policy Update - March 2024 #2

Good morning! This is Akin’s newsletter on climate change policy and regulatory developments, providing information on major climate policy headlines from the past week and forthcoming climate-related events and hearings...more

Mintz

Gov. Newsom Signs California Climate Disclosure Bills, Although Expressing a Degree of Skepticism Concerning Timing and Cost

Mintz on

On October 7, 2023, Governor Gavin Newsom of California signed into law two climate disclosure bills passed by the California Legislature. These laws now require that "by January 1, 2025 . . . businesses with total annual...more

Mintz

SEC Re-Affirms Commitment to Climate Risk Disclosure Rule

Mintz on

On September 12, 2023, SEC Chairman Gensler testified before the Senate concerning a number of significant issues for the SEC. Among them was the SEC's still-pending rule on climate risk disclosures, which was first proposed...more

Mintz

EPA to Announce Proposed Regulation To Control GHG Emissions From Power Plants

Mintz on

It has been publicly reported that the Biden Administration's EPA will shortly "announce limits on greenhouse gas emissions from power plants that could compel them to capture the pollution from their smokestacks."  In...more

Fenwick & West LLP

Responding to the Biden Administration’s Climate Agenda: What Public Companies and Federal Suppliers Need to Know

Fenwick & West LLP on

Since the start of the Biden administration in January 2021, there has been an increased focus on combatting climate change, including regulatory actions and initiatives to increase disclosure by corporations regarding their...more

Mintz

Biden Administration Proposes That Federal Contractors Must Disclose GHG Emissions

Mintz on

Last Thursday, the Biden Administration proposed that all federal contractors (except those receiving less than $7.5 million annually in contracts) be required to, among other things, disclose their GHG emissions....more

Mintz

Implications of West Virginia v. EPA on Proposed SEC Climate Rules

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The Supreme Court, in West Virginia v. EPA, effectively limited the ability of the EPA to issue significant regulations designed to address climate change absent further Congressional action. And any Congressional...more

Jones Day

The Climate Report | Second Quarter 2022

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REGULATORY ISSUES & UPDATES - UK Introduces New Climate-Related Disclosure Regulations for UK Companies and LLPs - The Companies (Strategic Report) (Climate-related Financial Disclosure) Regulations 2022 ("the...more

Mintz

Political Criticism by Congressional Republicans of SEC Proposal on Mandatory Climate Disclosures

Mintz on

The SEC has received two comment letters from members of Congress--one from the House of Representatives and one from the Senate--criticizing its proposal for mandatory climate disclosures....more

K&L Gates LLP

SEC Issues Climate-Related Risk Disclosure Rule Proposal

K&L Gates LLP on

The Biden administration has prioritized environmental, social, and governance (ESG) risks to capital markets, particularly climate-related financial risks (discussed in our previous alert, Biden Administration ESG Activity...more

King & Spalding

SEC Proposes Rules Standardizing Climate-Related Disclosures

King & Spalding on

On March 21, 2022, the Securities and Exchange Commission (SEC) proposed widely anticipated rules that would require registrants to provide specified climate-related information in registration statements and periodic...more

Holland & Knight LLP

SEC Proposes Sweeping Climate-Related Disclosure Rules

Holland & Knight LLP on

The U.S. Securities and Exchange Commission (SEC) on March 21, 2022, proposed rules that would require registrants to disclose information regarding climate-related risks in certain periodic reports and registration...more

Mintz

SEC Issues Proposed Regulation on Mandatory Climate Disclosures

Mintz on

On March 21, 2022, the SEC finally issued a proposed rule on mandatory climate disclosures. This proposed rule has been expected for some time--it was widely anticipated to be a centerpiece of the Biden Administration's...more

Akin Gump Strauss Hauer & Feld LLP

Ten Executive Branch Climate and Sustainability Developments to Watch in 2022

With 2022 underway, the Biden-Harris administration is continuing to implement its “whole-of-government” response to climate change. In 2021, the administration focused on building public-private partnerships on clean energy,...more

Mintz

Supreme Court May Limit EPA's Power to Regulate Carbon Emissions

Mintz on

The Supreme Court recently agreed to hear an appeal of the D.C. Circuit's decision to strike down Trump-era restrictions--which were quite weak--on coal-burning power plants. The Court's ruling here may limit the ability of...more

Latham & Watkins LLP

President Biden Presents a Roadmap for Mitigating the Climate Crisis

Latham & Watkins LLP on

A new national strategy report aims to combat climate-related risks to the US financial system. On October 14, 2021, the Biden Administration issued “A Roadmap to Build a Climate-Resilient Economy” (the Roadmap), a...more

Mintz

IPCC Sixth Assessment Report Emphasizes Dangers of Climate Change

Mintz on

On August 9, 2021, the IPCC released its Sixth Assessment Report (https://www.ipcc.ch/report/ar6/wg1/#SPM), which emphasized the dangers of climate change, and that many of the risks associated with climate change are now...more

Bass, Berry & Sims PLC

Potential Federal Regulation of ESG Disclosure: A Whirlwind of Activity

While we have seen an increased focus on environmental, social and governance (ESG) disclosure the last few years, there has been a whirlwind of activity during the last six months by President Biden, Congress and the...more

Mayer Brown Free Writings + Perspectives

The US Moving Toward Adopting New Climate Disclosures

On June 21, 2021, US financial regulators met with US President Joe Biden to discuss the US economy and update him on their efforts to address climate-related risks.  According to the White House readout of the meeting, the...more

Jones Day

Interim Update on Biden Administration Climate Change Initiatives

Jones Day on

Interim Update on Biden Administration Climate Change Initiatives - The last edition of the Climate Report discussed President Biden's signing, on his first day in office, of an instrument for the United States to re-join...more

Morgan Lewis

Biden-Harris Administration Acts on Climate-Related Financial Risk

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US President Joseph Biden issued the Executive Order on Climate-Related Financial Risk on May 20, 2021, directing federal agencies across the US government to take action addressing climate-related financial risk....more

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