13 Dec, 2024 California States It Will Exercise "Enforcement Discretion" for First Year of Climate Disclosures If Companies Act in Good Faith By Jacob H. Hupart On December 5, 2024, the California Air Resources Board--the agency responsible for implementing California's climate disclosure...
03 Dec, 2024 EU Rules Will Impose Mandatory Climate Disclosures on U.S. Companies By Jacob H. Hupart According to a recent report, the climate disclosure rules recently promulgated by the European Union will compel more than 3,000 U.S....
25 Nov, 2024 California Climate Disclosure Rules Survive Significant Early Challenge By Jacob H. Hupart On November 5, a federal district court judge in California denied plaintiffs' motion for summary judgment in a facial challenge to...
02 Oct, 2024 California Governor Newsom Signs Bill Re-Affirming 2026 Start Date for Climate Disclosures By Jacob H. Hupart This summer, California Governor Newsom had proposed that California delay the implementation date of its climate disclosure law for two...
17 Sep, 2024 California Legislature Refuses to Extend Deadline for Compliance with Climate Disclosure Laws By Jacob H. Hupart Recently, Governor Newsom proposed that California delay the implementation of its recently-enacted climate disclosure laws for two...
13 Aug, 2024 SEC Argues That Climate Disclosure Regulation Survives Demise of the Chevron Doctrine By Jacob H. Hupart Earlier this year, the SEC issued its long-awaited regulation concerning mandatory climate disclosures. As expected, this climate...
27 Jun, 2024 Republican Lawmakers Submit Amicus Brief Urging Eighth Circuit to Void SEC's Mandatory Climate Disclosure Rule By Jacob H. Hupart On June 25, 2024, thirty-five Republican legislators, including seventeen senators and eighteen representatives, filed an amicus brief in...
07 Jun, 2024 Congressional Democrats Urge SEC Action on Climate Disclosures By Jacob H. Hupart On June 4, 2024, a number of Congressional Democrats (10 Senators; 28 Congressmen) sent a letter to Chairman Gensler of the Securities &...
28 May, 2024 Treasury Department and Other Federal Agencies Issue Statement of Principles Concerning Carbon Credits By Jacob H. Hupart Today, the Treasury Department and other federal agencies (including the Agriculture Department and Energy Department) issued a joint...
21 May, 2024 UK Announces Delay to Mandatory Climate Disclosures (Until After Next General Election) By Jacob H. Hupart The UK government, having originally announced that it would decide whether to impose mandatory climate disclosures on companies by July...
03 May, 2024 Ninth Circuit Orders Dismissal of Constitutional Climate Litigation Case By Jacob H. Hupart Yesterday, the Ninth Circuit issued an order dismissing the Juliana litigation. In this case, the plaintiffs had asserted that the...
03 May, 2024 The Cavalry Has Arrived: Eighth Circuit Allows Democratic State Attorneys-General to Intervene in Support of the SEC's Climate Disclosure Rule By Jacob H. Hupart Earlier this week, the Eighth Circuit issued an order enabling 19 Democratic Attorneys-General--representing the District of Columbia and...
11 Apr, 2024 Congressional Republicans Seek to Overturn SEC Mandatory Climate Disclosure Rule By Jacob H. Hupart Yesterday, Congressman McHenry (R-NC), the Chairman of the House Financial Services Committee, hosted a hearing entitled: “Beyond Scope:...
09 Apr, 2024 European Court of Human Rights Declares Switzerland Failed to Adequately Address Climate Change By Jacob H. Hupart Today, the European Court of Human Rights issued a decision holding that Switzerland violated the human rights of its citizens by failing...
04 Apr, 2024 SEC Voluntarily Stays Climate Disclosure Rule Pending Litigation By Jacob H. Hupart Today, the SEC issued an order to stay the recently promulgated climate disclosure rule until the courts have the opportunity to...
03 Apr, 2024 The SEC Speaks--And Fails to Defend Mandatory Climate Disclosures By Jacob H. Hupart During the opening remarks of the two-day SEC Speaks Conference, Chairman Gensler failed to express any statement of support in...