Agency says SEC climate rules spared in Chevron ruling

SEC corporate emissions reporting requirements should still be allowed after this summer Chevron revocation, the agency told a federal court for the first time since the Supreme Court decision that it makes it easier for objectors to challenge some of the agency’s rules.

The Supreme Court’s June decision upends decades of tradition Chevron legal doctrine gives the Securities and Exchange Commission and other agencies flexibility to make rules when the regulations expressly delegate discretion to them, the U.S. Court of Appeals for the Eighth Circuit told the SEC on Monday.

The ruling in the case Loper Bright Enterprises v. Raimondo limits the capabilities of federal agencies …