Big Oil warns regulator not to ‘stray beyond its authority’

As US regulators mull tougher climate disclosure requirements from industry, Big Oil is pushing back, cautioning officials against overstepping their jurisdiction.

«To use climate change as a proxy for deeper philosophical economic change is well outside the mission of the SEC,» said Katie Tubb, senior policy analyst for energy and environment at conservative Washington think-tank the Heritage Foundation. On the picture Lazarus Energys crude oil processing facility, Nixon, Texas.
«To use climate change as a proxy for deeper philosophical economic change is well outside the mission of the SEC,» said Katie Tubb, senior policy analyst for energy and environment at conservative Washington think-tank the Heritage Foundation. On the picture Lazarus Energys crude oil processing facility, Nixon, Texas.Foto: Johannes Worsøe Berg
Publisert 17. June 2021, kl. 14.07Oppdatert 17. June 2021, kl. 14.07