The Securities and Exchange Commission (SEC) announced last week that it voted to end its defense of the Biden-era corporate emissions reporting rules.

The decision indicates the majority of current SEC commissioners do not support the implementation of the rules. Acting SEC Chair Mark Uyeda said the commission wanted to end its “defense of the costly and unnecessarily intrusive climate change disclosure rules.”

The commission previously prioritized the emissions disclosure requirements under President Biden and former Chairman Gary Gensler.

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