Finance Officials See SEC Rules Aiming To Speed Low-Carbon Trends

Top observers in the finance sector are expecting the Securities & Exchange Commission (SEC) to issue mandatory climate disclosure requirements for publicly traded companies in an effort to spur market trends toward low-carbon energy, though they argue the rules must be comparable to standards in other major countries. Further, some fear that increasing climate-related pressure on public companies will force them to either spin off high-carbon assets or go private entirely, meaning the Biden administration must couple new disclosure mandates...