The White House reviews climate disclosure regulations, potentially ending Biden-era requirements
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Golden Ten Data reported on May 5 that the White House is reviewing a proposal from the U.S. Securities and Exchange Commission aimed at formally ending the Biden-era climate information disclosure rules for publicly listed companies. According to information published on the government website, regulators submitted the measure to the White House Office of Management and Budget for review on May 4. The related climate disclosure policy was one of the signature initiatives during former SEC Chairman Gensler’s tenure, requiring companies to report significant risks posed to their businesses by climate change, and some companies to report on carbon emissions.
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