Jun. 12, 2022
I am writing to comment on the Climate Disclosure Rule. Americans are already paying much higher costs just to live, put gas in our cars, and feed our families. Now the Biden administration is placing more costly energy policies at the Securities and Exchange Commission which will increase government control of US businesses, both large and small. It is creating a corporate "social credit score" (ESG"). China uses social credit scores as a tool to punish those who do not comply with their rules. We do NOT want that in America!! Social credit scores may be used to restrict banking, loans, and commerce. SEC has no authority over climate policies and lacks scientific expertise. SEC was created to fight investor fraud, not punish law abiding citizens trying to make a living and support their families. These excessive regulations will only INCREASE inflation, and bloat the federal bureaucratic swamp even more. Therefore I urge you to reverse this un-American policy! Chris Matney