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  • The Gas Stove Regulation Uproar, Explained

    The CPSC, already walking back some of Trumka’s initial statements, is likely to settle on a compromise approach. A report from New York University Policy Integrity this spring detailed some of those options, including requiring that stoves be sold with hoods, establishing performance standards for those hoods, or equipping gas stoves with sensors that alert the user of pollution concentrations.

    “No one’s going to walk into their kitchen tomorrow morning and find a hole where the gas range used to be,” the NYU report co-author, Jack Lienke, said. “The bottom line is that Congress created the CPSC to ensure that consumer products — including home appliances — are reasonably safe. A growing body of evidence indicates that gas stoves aren’t. If the Commission ignored this reality, it wouldn’t be doing its job.”

  • Banking Regulators Take Critical Steps to Account for Climate-Related Financial Risks

    Key U.S. authorities have acknowledged the urgent need to act on climate risks to the banking system. Recent actions and remarks are beginning to shed light on what the next wave of policies to address these risks might entail. They’re likely to look a lot like many other, existing financial risk regulations.

  • FTC Holds October Open Commission Meeting and Votes to Approve ANPRs on Junk Fees

    The FTC voted 3-1 along party lines to issue the Junk Fees ANPR. The Junk Fees ANPR was issued following the issuance of a Petition for Rulemaking filed by the Institute for Policy Integrity in December 2021.

  • Gas Industry Disputes California Study On High Benzene Levels From Stoves

    The new study could add to calls to limit public health risks from gas stoves. Earlier this year, the Institute for Policy Integrity (IPI) at New York University pressed the Consumer Product Safety Commission to address such risks -- an effort that comes as California and various local governments seek to limit gas-fired appliances over climate change concerns.

  • Widespread Support for the SEC’s Proposed Climate Risk Disclosure Standards

    A proposal from the Securities and Exchange Commission (SEC) that would standardize public companies’ disclosures of climate risk information is getting strong support from the general public, investors, companies of various sizes across a wide range of sectors, law and business scholars, public officials, climate scientists, and environmental advocates – including EDF. We joined the Institute for Policy Integrity at NYU School of Law to submit letters supporting the proposed standards. Our letters focus on three reasons why the SEC is on strong legal footing.

  • A New Financial Landscape

    NYU Law’s Institute for Policy Integrity has tracked and commented on regulatory activity involving ESG in the past few years. Policy Integrity has submitted comments on proposed rules from the US Department of Labor involving retirement plan fiduciaries’ ability to integrate ESG considerations into investment and proxy voting decisions. And recently the institute prepared comments on the US Securities and Exchange Commission’s proposed new requirements for ESG fund names and ESG funds’ disclosures on investing and voting practices.

  • The Hidden Fees that Can Drive Up the Cost of What You Buy

    "Drip pricing is really not good for anyone — it creates a race to the bottom, where all ticket sellers feel like they have to advertise deceptively low fees or they'll lose out to those who do," said Max Sarinsky, a senior attorney at the Institute for Policy Integrity at New York University. "It's not the kind of problem that can solve itself, because it requires all actors to behave well." Last year, the institute asked the Federal Trade Commission, which has the authority to crack down on misleading and deceptive business practices, to ban drip pricing. Its petition garnered support from a number of consumer rights groups and event ticket sellers.

  • ICI: EU, SEC Should Team Up on Climate Disclosures

    Greenhouse gas emissions are financially relevant to investors because they affect the company's ability to transition to a new economy, and could add compliance costs, Lienke said. “If we know that an increasing number of states and countries are making legally binding requirements," he said, "that is going to have a financial impact on those companies in those jurisdictions that emit a lot."

  • Ag Groups Say SEC Rules Threaten Future of Small, Mid-Size Farms

    Leading farm groups are calling on the Securities and Exchange Commission to exempt agriculture from proposed requirements that corporations start disclosing the greenhouse gas emissions in their supply chains. But supporters of the rule argue the ag sector’s concerns are overblown and that industry emissions estimates will be sufficient to comply with the disclosure rules. “Some small farmers and businesses have submitted comments indicating their concern that the compliance costs of the rule would reach them. However, large public companies regularly comply with voluntary emissions reporting standards through estimated, rather than measured, supply chain emissions,” according to comments provided by the Environmental Defense Fund and the Institute for Policy Integrity at the New York University School of Law.

  • SEC Proposes New Guidelines for ESG Investing

    “Those who think ESG investing is all surface and no substance should welcome the Commission’s effort to provide investors in ‘green’ or ‘socially responsible’ funds with clear and comparable information about where their dollars are going and why,” Jack Lienke, who directs regulatory policy at New York University’s Institute for Policy Integrity, said in a statement. “And those who think ESG investing is a reliable means of maximizing long-term returns,” he added, “should welcome this effort to expose greenwashing and increase investor confidence in legitimate ESG claims and products.”