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ARTICLE · 03 MAY 2024

Energy & Sustainability Litigation Updates — May 2024

Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
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Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.

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On March 6, 2024, the SEC issued its long-awaited climate disclosure rule, which mandates the disclosure of climate-related risks and Scope 1 and Scope 2 greenhouse gas emissions, among other things.

GlobalEnvironment
Jacob Hupart
Jacob Hupart
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Regulatory Update

On March 6, 2024, the SEC issued its long-awaited climate disclosure rule, which mandates the disclosure of climate-related risks and Scope 1 and Scope 2 greenhouse gas emissions, among other things. The rule was immediately challenged from both conservative and liberal perspectives, including by coalitions of various states. These assorted challenges were consolidated for review in the Eighth Circuit (selected by lottery), which is generally considered to be a conservative court. On April 4, 2024, the SEC voluntarily stayed the climate disclosure rule pending judicial review while maintaining that the SEC would "continue [to] vigorously defend[] the [mandatory climate disclosure rule's] validity in court."

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