May. 08, 2022
Dear Commissioner Gary Gensler, I am a farmer nearing the end of my career, th is the first time I am writing to submit comments to the Securities and Exchange Commission’s. The proposed rule on the Enhancement and Standardization of Climate-Related Disclosures for Investors is clearly an overreach. The proposed rule is an example of a Securities and Exchange Commission operating outside of the interests of its users. Family farmers like me are already heavily regulated by multiple agencies at the local, state and the federal level. The tendency for government to grow continuously and reach into our lives (and pocketbooks) is demonstrated by initiatives like this. The proposed rule's focus on the value chain for climate-related risks and impacts under Scope 3 means the start of the value chain, like farms and ranches, will face a disproportionate burden in having to provide unknown costs. Farmers play a leading role in climate sustainability. It is the job of elected lawmakers, not unelected regulators at the SEC, to adopt policies related to farms and ranches. I urge you, please, stay within your jurisdiction. Regards, Eric Ditmer