May. 09, 2022
Dear Commissioner Gary Gensler, As a rancher, I am writing to submit comments to the Securities and Exchange Commission’s proposed rule on the Enhancement and Standardization of Climate-Related Disclosures for Investors. The proposed rule is an example of overreach by the Securities and Exchange Commission. Ranchers like me are already heavily regulated by multiple agencies at the local, state and the federal level. 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. Ranchers 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. Please do not add yet more to our costs. Our margins are not very good to start with. Regards, Monte Mackey 10440 FM 709 Purdon, TX 76679