Mike Pearson tell us how a final rule from the SEC regarding the climate could impact farmers.
For two years, the SEC has been taking comments on the rule, Enhancement and standardization on climate disclosures for investors.
The rule is needed because as climate changes some publicly traded businesses will face additional risk or higher costs and regulators feel it’s needed to know the risk and cost to investors.
Much of the debate has centered around the scope free commissions. The final rule dropped the requirement to report scope’s emissions.
Agriculture refused the rule because it would…