The SEC's Misguided Climate Disclosure Rule Proposal

Authors

• Lawrence A. Cunningham, George Washington University Law SchoolFollow
• Stephen M. Stephen M. Bainbridge, University of California, Los Angeles (UCLA) - School of Law
• Jonathan Berk, Stanford Graduate School of Business; National Bureau of Economic Research (NBER)
• Sanjai Bhagat, University of Colorado at Boulder - Department of Finance
• Bernard S. Black, Northwestern University - Pritzker School of Law
• William J. Carney, Emory University School of Law
• David J. Denis, University of Pittsburgh - Johnstown
• Diane K. Denis, University of Pittsburgh - Katz School of Business
• Charles M. Elson, University of Delaware - John L. Weinberg Center for Corporate Governance
• Jesse M. Fried, Harvard Law School; European Corporate Governance Institute (ECGI)
• Sean J. Griffith, Fordham University School of Law; European Corporate Governance Institute (ECGI)
• Jonathan M. Karpoff, University of Washington - Michael G. Foster School of Business; European Corporate Governance Institute (ECGI)
• F. Scott Kieff, The George Washington University Law SchoolFollow
• Edmund W. Kitch, University of Virginia School of Law
• Katherine Litvak, Northwestern Pritzker School of Law
• Julia D. Mahoney, University of Virginia School of Law
• Paul G. Mahoney, University of Virginia School of Law
• Adam C. Pritchard, University of Michigan Law School
• Dale A. Oesterle, Ohio State University (OSU) - Michael E. Moritz College of Law
• Roberta Romano, Yale Law School; National Bureau of Economic Research (NBER); European Corporate Governance Institute (ECGI)
• Todd J. Zywicki, George Mason University - Antonin Scalia Law School, Faculty; PERC - Property and Environment Research Center
• Christina P. Skinner, University of Pennsylvania - The Wharton School

Document Type

Article

Publication Date

2022

Status

Accepted

Abstract

The following article adapts and consolidates two comment letters submitted last spring by a group of twenty-two professors of finance and law on the SEC’s proposed climate change disclosure rules. The professors reiterate their recommendation that the SEC withdraw its proposal as legally misguided, while outlining some of the issues that the proposal will face when challenged in court.

GW Paper Series

2022-61

SSRN Link

https://ssrn.com/abstract=4256724

Recommended Citation

41 Banking & Financial Services Policy Report 1 (2022)