Weighing in on the Potential Impact of the SEC’s Greenhouse Gas Disclosure Rule on Farms & Ranches
North American Ag Spotlight: Agriculture & Farming News and Views
English - September 20, 2022 16:00 - 16 minutes - 11.7 MB - ★★★★★ - 358 ratingsBusiness Education agriculture agribusiness farming farm farm management farmer ranching dairy dairy farm agrimarketing Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
This week Chrissy Wozniak discusses a new proposed rule by the SEC, with Mary-Thomas Hart, the Chief Counsel, Government Affairs at National Cattlemen's Beef Association.
The National Cattlemen’s Beef Association (NCBA) reiterated the need for a limited version of the Securities and Exchange Commission’s (SEC) greenhouse gas disclosure rule following SEC Chairman Gary Gensler’s testimony before the U.S. Senate Committee on Banking.
The SEC’s greenhouse gas disclosure rule, proposed earlier this year, would require publicly traded companies to disclose their direct (scope 1), indirect/energy use (scope 2), and supply chain (scope 3) greenhouse gas emissions. The requirement to include scope 3 emissions would place a disproportionate burden on cattle producers whose beef is part of the supply chain for publicly traded restaurants and retailers. Additionally, the rule exposes individual producers to additional levels of legal liability.
NCBA previously submitted technical comments on the rule and individual cattle producers sent over 7,406 emails to SEC commissioners and members of Congress expressing concern with rule. NCBA has encouraged the SEC to remove the requirement to disclose scope 3 emissions, which would lessen the burden on cattle producers.
The National Cattlemen's Beef Association (NCBA) has represented America's cattle producers since 1898, preserving the heritage and strength of the industry through education and public policy. As the largest association of cattle producers, NCBA works to create new markets and increase demand for beef. Efforts are made possible through membership contributions. To join, contact NCBA at 1-866-BEEF-USA or [email protected].
For more policy related information visit policy.ncba.org
The American Royal is a non-profit organization based in Kansas City since 1899. They provide opportunities for youth & adults from around the country to compete in Livestock Show, ProRodeo & Horse Shows. Also known for the World Series of Barbecue®, which is their largest fundraiser. Events including the barbecue allow them to give over $1 million annually for youth scholarships & support agriculture education programs. https://agr.fyi/amer
We facilitate the investment process between businesses and investors. Our platform completes the exchange of investment agreements and funds. You may think of us as a digital investment platform for private company investments, rather than publicly traded stocks. We ultimately provide farms and businesses with access to funding directly from the communities they serve.
Learn more at https://www.netgreen.com/
The ultimate destination for online farm equipment auctions!
Visit https://agr.fyi/fastline-auctions
Register for the July 13, 2023 webinar at https://NorthAmericanAg.com/fastline-webinar
Subscribe to North American Ag at https://northamericanag.com