SEC Climate Disclosure Regulations Paused by Fifth Circuit (2)

The Fifth Circuit put the SEC’s climate reporting rules temporarily on hold Friday amid litigation challenging the regulations.

The US Court of Appeals for the Fifth Circuit’s order staying the March 6 rules came after Liberty Energy Inc. requested the pause as the fracking company pursues its case. The decision was the first major ruling, and setback, for the Securities and Exchange Commission in the litigation over the regulations that require companies to report their greenhouse gas emissions and make other climate-related disclosures.

Liberty told the Fifth Circuit on March 8 it needed the stay due to “irreparable injury in ...