May. 08, 2022
SEC Commissioners and Staff: I am commenting on the Proposed Rule for the Enhancement and Standardization of Climate-Related Disclosures for Investors. I oppose this rule for the following reasons: The rule hands power over virtually every American company to an unelected group whose duties are apparently intentionally limited. The compliance costs could be unmanageable and unaffordable for most businesses with no guarantee for the desired environmental changes. In my experience as an Environmental Consultant to the Public and Private Sectors has shown that Climate Change by definition is still too murky and uncertain with unproven mitigations to link this to the financial soundness of Private Companies and our Economy in general. This Proposed Rule can appear to be the U.S. Government commandeering Private Industry and Capital to carry-out a politically-motivated policy that can significantly reduce economic productivity and competitiveness to achieve a vague environmental goal that may not be achievable, or even desirable. Thank you for your time and consideration … Respectfully, ______________________________ Prof. JOHN D. VASSAR, Jr. (PMP) Senior Faculty Emeritus, University of Phoenix, AZ Chief Warrant Officer, US Army Aviation (Retired) Technical Consultant ______________________________