Over the past four months, the agency has received dozens of letters from individuals and groups making their own recommendations on how it should proceed. It’s possible the SEC will water down specifics of the plan before holding a second vote to finalize the regulation. But the idea that the SEC will retract its plan is arguably close to zero, even as the expected political firestorm from right-wing groups grows.
Source: Corporate Backlash Over SEC Climate Plan Takes Shape: Green Insight – Bloomberg