regulation News

Musk Loses Bid to End SEC Agreement on Oversight of Tesla Tweets

A U.S. judge slammed Elon Musk for trying to escape a settlement with regulators requiring oversight of his Tesla Inc. tweets, saying the billionaire was “bemoaning” the 2018 deal now that he felt Tesla was “invincible.” The April 27 ruling …

SEC Chief Expects ‘Fair Number’ of Large Companies to Disclose Scope 3 Data in Climate Rule

A “fair number” of the largest U.S-listed companies should be caught by a proposed requirement to disclose third-parties’ greenhouse gas emissions, the chair of the U.S. securities regulator told Reuters Events Responsible Business forum in an interview. The Securities and …

U.S. Boosts Fines for Automakers Not Meeting Fuel Economy Rules in Tesla Win

The U.S. National Highway Traffic Safety Administration (NHTSA) on Sunday reinstated a sharp increase in penalties for automakers whose vehicles do not meet fuel efficiency requirements for model years 2019 and beyond. The decision was a win for Tesla that …

U.S. Regulators Slow Consideration of Climate Impact of New Gas Projects

U.S. regulators on Thursday delayed requirements to consider greenhouse gas emissions before approvals of gas projects, after lawmakers complained the policy would harm the industry just when European allies need gas due to the crisis in Ukraine. Federal Energy Regulatory …

Investors Say U.S. SEC Climate Disclosure Rule to Clarify ‘Mixed Bag’ of Data

Investors, including several who run environmentally focused funds, welcomed the U.S. government’s proposed new rule on corporate disclosure of climate-related risks and emissions, saying it would standardize reports that now are voluntary and vary widely in quality and breadth. The …

U.S. SEC Unveils Landmark Climate Change Risk Disclosure Rule

The U.S. securities regulator on Monday proposed requiring U.S.-listed companies to disclose a range of climate-related risks and greenhouse gas emissions, part of President Joe Biden’s push to join global efforts to avert climate-related catastrophes. The U.S. Securities and Exchange …

U.S. to See ‘Meaningful’ Autonomous Vehicle Policy in 2020s: Buttigieg

U.S. Transportation Secretary Pete Buttigieg on March 16 said federal policy on autonomous vehicles will undergo “meaningful” developments in the coming years, saying policy frameworks had not fully caught up with technological developments. Speaking at the South by Southwest music, …

Wall Street Regulator to Propose Climate Risk Rule As Early As March 16, Say Sources

The U.S. Securities and Exchange Commission (SEC) plans to propose its landmark climate risk rule as early as Wednesday, March 16, said two people familiar with the agency’s planning. One of the people, who spoke anonymously about private agency plans, …

U.S. Senators Grill Regulators Over Climate Policy on Natural Gas Projects

Top U.S. senators from both parties on Thursday grilled Democratic energy regulators who recently approved guidelines for approving new natural gas projects that allow consideration of environmental justice, landowner and climate issues. The three Democrats on the five-member Federal Energy …

Arizona Attorney General Reaches $14.5M Settlement with JUUL

Arizona Attorney General Mark Brnovich announced a settlement with e-cigarette maker Juul Labs Inc. requiring the company to pay $14.5 million and make changes to its corporate practices to ensure JUUL products are not marketed or sold to youth in …