House GOP Unveils Bill to Strike SEC Climate Disclosure Rule (3)

House Republicans unveiled a bill Wednesday to nullify the Securities and Exchange Commission’s landmark corporate climate risk disclosure rule, joining a flurry of efforts in courts to kill the mandate.

The bill, introduced by Rep. Bill Huizenga (R-Mich.), would use the Congressional Review Act to overturn the rules, which are currently on pause. The commission froze implementation of its regulation April 4 while multiple legal challenges play out.

Huizenga had signaled he would introduce such a resolution in early March when the commission finalized its requirements for public companies to report their greenhouse gas emissions and risks to their business ...