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Federal Judges Block SEC’s New Climate Reporting Rule Amid Legal Challenges from Industry Groups and Environmentalists.

Federal judges have temporarily halted a landmark new climate reporting rule by the Securities and Exchange Commission (SEC). The rule requires public companies to start reporting new climate-related information to investors, but has faced lawsuits from industry groups and environmentalists. The ruling could potentially cause legal trouble for the SEC, which is facing court challenges from the energy industry and environmental groups. The regulation is aimed at providing investors with better information about companies’ climate risks.

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