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WEKU
WEKU
Michael Copley

Corporate America has new climate rules to follow, but will they cut global warming?

A flare burns off methane and other hydrocarbons as oil pumpjacks operate in the Permian Basin in Midland, Texas. Burning fossil fuels like coal, oil and natural gas is the main driver of global warming. (David Goldman/AP)

The Securities and Exchange Commission has issued rules to make companies whose shares are publicly traded in the United States account for their climate pollution and explain how they're dealing with threats from global warming.

The climate rules the SEC adopted Wednesday were the target of intense lobbying since they were proposed in 2022, with interest groups arguing over how much information companies should have to disclose. The rules don't go as far as environmentalists had wanted. But the U.S. Chamber of Commerce and other business groups sued to block similar regulations that California passed in 2023, and legal experts say it is likely the SEC rules will also be challenged in court.

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