Trial lawyers stand to gain from newly proposed Securities and Exchange Commission (SEC) rules compelling many companies to provide climate-related disclosures, including on greenhouse gas emissions, according to consumer advocate O.H. Skinner.
“Trial lawyers salivate at mandatory things that companies have to say or do, because that’s more statements, more things that they can sue over—and take a big cut out of,” Skinner, executive director of the Alliance for Consumers and a former Arizona solicitor general under Attorney General Mark Brnovich, told The Epoch Times in an exclusive interview.