The oil and gas industry is stepping up lobbying efforts to dilute looming rules that mandate climate change disclosures, in a sign of the fierce corporate resistance to a tougher new U.S. environmental regime.

Lobbying reports show greater arm-twisting at the Securities and Exchange Commission (SEC), both by individual companies and industry groups as the regulator drafts mandatory climate-related financial disclosures. Some companies are coming to the SEC for the first time, according to Senate lobbying disclosures.

Gary Gensler, SEC chair, recently said he wanted the agency to put forward its proposals for mandatory climate reporting—intended to provide investors with consistent and comparable information to evaluate companies’ climate risks—by the end of the year.

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