Progressives Say IRA Reinforces Need For SEC Climate Disclosure Rule

Progressive advocacy groups are asserting that the Inflation Reduction Act’s (IRA) clean energy incentives amplify the need for the Security and Exchange Commission (SEC) to finalize its climate-related financial disclosure rule because this summer’s climate law is already having a vast effect on companies’ financial planning. “The IRA creates powerful financial incentives to lower [greenhouse gas] emissions that will begin showing up in the financial statements of public companies next year, as they are already making their way into the...