{"id":2205532,"date":"2024-03-25T10:35:02","date_gmt":"2024-03-25T14:35:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/dozens-of-conservative-groups-call-on-congress-to-strike-down-controversial-sec-climate-rule\/"},"modified":"2024-03-25T10:37:59","modified_gmt":"2024-03-25T14:37:59","slug":"dozens-of-conservative-groups-call-on-congress-to-strike-down-controversial-sec-climate-rule","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/dozens-of-conservative-groups-call-on-congress-to-strike-down-controversial-sec-climate-rule\/","title":{"rendered":"Numerous conservative organizations urge Congress to repeal divisive SEC climate regulation"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fdozens-of-conservative-groups-call-on-congress-to-strike-down-controversial-sec-climate-rule%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2205532&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Conservative Groups Stand Against SEC Climate Rule<\/h2>\n<blockquote>\n<p>Dozens of \u200dconservative-leaning groups are urging Congress to \u2062strike down a controversial new Securities and Exchange Commission (SEC) rule that would compel large corporations to disclose\u2063 their carbon \u2062emissions.<\/p>\n<\/blockquote>\n<h3>The Pushback<\/h3>\n<p>The SEC approved the rule in \u200ba tight 3-2 vote, requiring companies to inform investors about how their activities impact climate \u200bchange. These \u200bgroups are adamant in their call for Congress to overturn the rule using all available legislative means.<\/p>\n<ul>\n<li><strong>Radical \u200cClimate\u200c Agenda:<\/strong> The signatories denounce \u200cthe rule as part of\u2063 a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/manchin-vows-unrelenting-fight-with-biden-on-inflation-reduction-acts-one-year-anniversary\/\" title=\"Manchin promises to persistently battle Biden over Inflation Reduction Act's first year\">radical \u200bclimate agenda<\/a> that hinders\u200c American innovation with excessive paperwork and bureaucracy.<\/li>\n<li><strong>Overreach Concerns:<\/strong> They argue \u200dthat the SEC is \u2062overstepping its bounds by \u2062promoting a climate agenda that goes beyond its intended regulatory \u2062scope.<\/li>\n<\/ul>\n<h3>Collaborative Opposition<\/h3>\n<p>Organized \u2064by Advancing American \u2063Freedom, \u2064the \u2064letter includes around 60 right-leaning groups such as Americans for Tax Reform, \u2062Americans for Prosperity, \u2064and Consumers&#8217; Research.<\/p>\n<h3>Controversial Implications<\/h3>\n<p>The SEC&#8217;s climate disclosure\u200b rule aligns with President\u2062 Joe Biden&#8217;s ambitious climate plan to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/new-york-becomes-first-state-to-pass-gas-and-fossil-fuel-ban\/\" title=\"New York becomes first state to pass gas and fossil fuel ban\">slash <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/white-house-releases-list-of-president-trumps-accomplishments-and-it-is-historic\/\" title=\"White House Releases List of President Trump\u2019s Accomplishments \u2013  And It Is Historic!\">greenhouse gas emissions<\/a><\/a> by over\u200c 50% compared to 2005 levels. This rule mandates companies to report \u2062their greenhouse gas emissions and subjects these \u2064reports to third-party audits.<\/p>\n<p>While\u2062 a scaled-back version of the initial proposal, which excluded emissions from\u2063 suppliers and customers, the rule still faces legal challenges from Republican-led states and swift \u200copposition from Senate Republicans.<\/p>\n<h3>SEC&#8217;s Stance<\/h3>\n<p>SEC Chairman Gary Gensler champions the rule as a crucial\u2062 step toward ensuring transparent and consistent climate risk disclosure, providing investors \u200dwith reliable information \u200band imposing clear reporting\u2064 standards on companies.<\/p>\n<p>Read more \u200dfrom The Washington Examiner<a href=\"#\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Many conservative groups are exclusively urging Congress to repeal a contentious new Securities and Exchange Commission rule mandating large corporations to disclose their carbon emissions. The SEC approved the rule, compelling companies to provide investors with reports on how their activities impact the environment<\/p>\n","protected":false},"author":2683,"featured_media":2205533,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/wex-s3.s3.us-east-1.amazonaws.com\/wp-content\/uploads\/2024\/03\/AP24067098073871-1-1024x683.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-2205532","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/wex-s3.s3.us-east-1.amazonaws.com\/wp-content\/uploads\/2024\/03\/AP24067098073871-1-1024x683.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2205532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2683"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2205532"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2205532\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2205533"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2205532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2205532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2205532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}