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State attorneys general sue over SEC disclosure rules (2024)

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March 12, 2024

In response to the SEC’s March 6 disclosure rules, ten states announced the same day that they would sue to block the regulations:

West Virginia Attorney General Patrick Morrisey on Wednesday announced that a coalition of Republican leaders in 10 states is suing to block the SEC’s just-released rules requiring companies to disclose their carbon emissions.

Morrisey (R) said he and the Georgia attorney general filed a petition for review in the US Court of Appeals for the Eleventh Circuit with support from Alabama, Alaska, New Hampshire, Indiana, Oklahoma, South Carolina, Wyoming and Virginia. Morrisey called the SEC’s rules “a back door move to undermine the energy industry.” …

“We’ve been waiting for this for a very long time,” Morrisey said at a press conference. “And while the administration and SEC has made some changes to the proposed rule, what they’ve released today is still wildly in defect and illegal and unconstitutional.”[1]

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  1. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.