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Union of Concerned Scientists
@ucs.org

The Trump Admin is once again selling out safety and common sense to cater to fossil fuel industry demands. This formula is familiar: putting big business’s profits ahead of science—and even their own investors’ best interests—by burying the facts. 🧵⬇️

wsj.comSEC Proposes Scrapping Climate-Related Disclosure RulesThe agency said that the requirements, which were approved in March 2024, exceed the scope of its statutory authority.

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Union of Concerned Scientists
@ucs.org

The Securities and Exchange Commission (SEC)—the institution tasked with protecting investors and markets from misconduct—issued a landmark Climate Disclosure Rule in 2024 to better protect financial systems and people’s investments from climate risks.

ucs.orgFinal SEC Climate Disclosure Rule Is Step Forward But Fails to Reflect Science, Full Scope of Financial RiskThe final SEC climate disclosure rule answers some of the key demands from investors for reliable, comparable data needed to make informed choices in today’s world but falls significantly short of wha...
Union of Concerned Scientists
@ucs.org

Widely supported by investors, the rule—despite being weakened by corporate lobbyists—was a step in the right direction to protect the public against climate impacts. President Trump's SEC stopped enforcing the rule, capitulating to fossil fuel industry demands.

blog.ucs.orgThese Climate Policy Rollbacks Just Made Our Financial Future a Lot RiskierInstead of addressing the ways climate change threatens the country’s financial stability, this admin is pulling back safeguards to reward Big Oil donors.
Union of Concerned Scientists
@ucs.org

❌ Now, they’re seeking to ERASE the rule entirely. Companies won’t have to disclose climate-related financial risks to their investors 💰 The Trump Admin is rolling back regulation of an industry currently enjoying record profits while the public suffers costly climate-related harms