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The Securities and Exchange Commission's proposal to push companies to disclose more climate-related information has sparked opposition from critics who say the rules would burden companies to the tune of hundreds of thousands of dollars every year.
Sustainable investment advocates yesterday helped pass shareholder resolutions at the annual meetings of the Home Depot Inc. and Chubb Ltd. that are likely to force the retailer and insurer to reconsider their climate-related efforts.
California's top climate regulators signaled they're poised to reject Gov. Gavin Newsom's bid to accelerate the state's 2045 carbon neutrality goal by a decade, arguing it's too costly to aim for 2035.
The White House's top environmental official defended the administration's energy plans and justice work during a Senate hearing yesterday.
A Federal Reserve official suggested that higher interest rates may be needed to tackle the combined threats of inflation and high fuel prices.