Jun. 17, 2022
To Whom It May Concern, This is a comment on the proposed rule The Enhancement and Standardization of Climate-Related Disclosures for Investors This rule in its entirety should not be promulgated. I have been an environmental consultant since 1987 (35 years) focused on air quality issues. There is no such thing as man-made climate effects. The science is not ‘settled’ and mankind has no effect on the climate. In addition, this regulation: • Increases government control of USA businesses, both large and small. • Creates a corporate “social credit score” (often referred to as “ESG”). China uses "social credit scores" as a tool to punish those who do not comply with their rules. We do not want them 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. • Excessive regulations increase inflation and bloats the Federal bureaucratic swamp. • Activist investors will punish companies not "green" enough by decreasing investment in oil, gas and coal companies that power the economy. Thank you. Ted S. White