May. 15, 2022
May 15, 2022 Dear Chair Gensler and Commissioners, As a member of Extinction Rebellion Western Massachusetts, I join with climate activists across the planet in a demand for truth. If we are to meet the climate emergency with the urgency it needs, governments and communities must acknowledge the indisputable science of climate change and tell the truth about the scale of what were facing. By enacting proposed rule S7-10-22 Enhancement and Standardization of Climate-Related Disclosures for Investors, the SEC can make the necessary moral choice to demand truth telling. All investors deserve to know the purpose their resources are being put tomost especially when that purpose endangers the lives and well-being of their children, grandchildren, and countless species and ecosystems. Registrants disclosure of climate risks and emissions should be a requirementand a comprehensive one. Disclosures should address companies entire supply chains and impacts on our future climate, from the process of obtaining natural resources to lobbying against climate legislation and regulations. A study by the UK charity Christian Aid found that the worlds ten most extreme weather events of 2021 cost at least $170.3 billion in damages. The UN's Intergovernmental Panel on Climate Change has repeatedly reported that such events are escalating in frequency and intensity. The costs of climate breakdown are forecast in the trillions of dollars. No company deserves to hide its contributions to that chaos in order to hoard a few more million or billion dollars while others suffer. Thank you for your work on this, Emmalie Dropkin