Jun. 16, 2022
Dear Commissioner Gary Gensler, As part owner of my parents family farm, 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. Since you start out with "this is outside our objectives" I do not understand how you can make this a requirement This proposed rule is an example of OVERREACH by the Securities and Exchange Commission. It is not why the SEC was established in the 1930's. Farmers and ranchers like my family 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. 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 to stay within your jurisdiction. Regards, Robbie Weaver