U.S. oil and gas lobbying groups have doubled down on efforts to negotiate laxer climate reporting rules with an administration bent on tightening these rules considerably, the Financial Times reports , citing lobbying disclosures from the Senate. “When it comes to climate risk disclosures, investors are raising their hands and asking regulators for more,” Gary Gensler, the new head of the Securities and Exchange Commission, said recently, as quoted by the FT. “I think we can bring greater clarity to climate risk disclosures.” The administration’s plans prompted some U.S. oil and gas majors to restart their lobbying after years of no such activity, and others to start lobbying for the first time ever. The group of the former includes the U.S. division of BP and ConocoPhilips. The group of the latter includes Baker Hughes and refiner Phillips 66. “We are having — and plan to have additional — conversations,” […]