Daily on Energy: Quote of the week, SEC climate rule reversal, and the trend on data centers
The article discusses various energy-related topics, including weather forecasts, SEC climate rule changes, and the impact of data centers on energy demand. The SEC has proposed rolling back climate disclosure rules established under the Biden administration, citing concerns over costs and regulatory authority. Additionally, Chevron warns of potential oil shortages and rising gas prices due to low stockpiles and geopolitical tensions.
- ▪The East Coast is expected to have mild weather this weekend with highs in the low 70s.
- ▪The SEC has proposed rescinding climate disclosure rules that require companies to report carbon emissions.
- ▪Chevron's CEO warned of low oil stockpiles and potential gas price increases due to geopolitical factors.
Opening excerpt (first ~120 words) tap to expand
WHAT’S HAPPENING TODAY: Good afternoon and happy Friday, Daily on Energy readers! The East Coast is expected to have mild and pleasant weather this weekend, with highs in Washington, D.C., in the low 70s before jumping back to the 80s later in the week. ☀️😎 If you’re in town, be sure to get outside and enjoy the sunshine before the city is hit with the wave of humidity each summer brings. With the help of our editor Joe Lawler, today’s newsletter dives right into The Securities and Exchange Commission’s proposal to roll back the 2024 climate disclosure rules. 🏭📃 Curious about what the rules are and why they want to get rid of them? We have everything you need to know below.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Washington Examiner.
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