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Story perspectives

SEC Halts Climate Rules as Cities Tighten Targets

6/19/2025

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Story summary
  • The SEC has halted its defense of new climate disclosure rules, signaling a distinct U.S. approach to climate regulation compared to the EU.
  • New York City is strengthening carbon targets under Local Law 97, while Denver is implementing more conservative performance standards.
  • Real estate sectors are experiencing heightened climate risk exposure, leading to increased capital and operating costs.
  • Investors should focus on high-quality non-financial data to evaluate climate-related risks and sustainability performance.