May. 31, 2022
Sear Sirs/Madams, Regarding the SEC proposed rule for Climate-Related Disclosures for Investors. I believe this is a dangerous precedent for a “rule” that needs to be included in company information. This seems like a political maneuver to satiate a special interest group, or at best, focus on an area that is currently a hot topic. Since there is not universal agreement that climate change is as drastic of an issue as some would proport. In addition, asking for climate related risks is conjecture. It also opens up filings, reports, and announcements to the need for other information requirements such as risks associated with interest rates, global war, shortages of fuel, high inflation, etc. Information that will impact operations that can be useful. However, voluminous information makes information unimportant. I do not believe “climate” impacts is the most important information needed in submittals and filings. Sam Tawney