The SEC’s Final Climate Disclosure Rule Must Respond to Emerging Legal Risks
ClimateChange-ClimateLaw
DECEMBER 11, 2023
The Court noted that the “Secretary had never previously claimed powers of this magnitude [under the Act]” and that the “economic and political significance” of the action was “staggering”. And in the Fifth Circuit’s Texas v. Walsh decision mentioned above, the federal judge employed a Chevron analysis and found in the agency’s favor.
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