Dozens of conservative groups call on Congress to strike down controversial SEC climate rule

EXCLUSIVE — Dozens of conservative-leaning groups are calling on Congress to strike down a controversial new Securities and Exchange Commission rule that would require large corporations to issue disclosures about their carbon emissions.

The SEC voted to adopt the rule, which requires companies to issue reports to investors on the effects of their operations on climate change, earlier this month in a 3-2 vote. The groups in the letter call for Congress to “use all of the legislative powers at your disposal” to overturn the rule.