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Nebraska Farm Bureau Reacts To New SEC Proposed Ruling

Nebraska Farm Bureau Reacts To New SEC Proposed Ruling

Photo: WNAX


A new rule being proposed by the Securities and Exchange Commission to report greenhouse gas emissions has some farmers concerned.  A delegation from Nebraska Farm Bureau were in our nation’s capital this week addressing their concerns to congressional members, and to government agency bureaucrats.  Mark McHargue (Mac-Harg) serves as the president of the Nebraska Farm Bureau.  He says many of the government officials they spoke to were unaware of the proposed rule, and the devastating effects it may have on agriculture.

McHargue says the SEC has extended the public comment period for another month.  The Nebraska Farm Bureau president is urging farmers to share their opinion during the public comment period telling officials how the proposed rule would hurt agriculture.  McHargue says the SEC should focus on the financial stability of companies, and not concern themselves with environmental provisions.

McHargue says he is hopeful the SEC abandons the proposed ruling based on the push back from agriculture.

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