Koch-Tied Group Hits SEC’s Climate Disclosure Rules in Court (1)

A libertarian advocacy organization affiliated with petrochemicals billionaire Charles Koch has urged the Eighth Circuit to toss the SEC’s corporate emissions disclosure requirements, saying they advance social and energy policy goals without protecting investors.

The Securities and Exchange Commission sidestepped Congress to unlawfully direct companies to report their greenhouse gas emissions and make other climate disclosures, the Americans for Prosperity Foundation told the US Court of Appeals for the Eighth Circuit Monday. Koch and his late brother, David, helped establish the foundation.

The Americans for Prosperity Foundation amicus brief is one of at least a dozen filed with the Eighth ...