SEC Urges Court to Deny Request to Pause Climate Reporting Rules

The SEC’s climate disclosure regulations should remain in force as courts review challenges to the rules, the agency said in its first formal response to a spate of litigation.

The Securities and Exchange Commission’s request to the US Court of Appeals for the Fifth Circuit Wednesday came after Liberty Energy Inc. asked to pause the SEC’s rules March 8, two days after the agency issued them.

The fracking company petitioned the conservative-leaning Fifth Circuit to review the regulations on March 6, just hours after the agency released its regulations requiring companies to report their greenhouse gas emissions and make other ...