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NCBA Calls for Limited SEC Greenhouse Gas Rule Following Senate Hearing
Today, 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 proposed greenhouse gas disclosure rule is aimed at large publicly traded companies but would lead to unintended consequences for small businesses like farms and ranches. The rule would require data that simply does not exist at the farm or ranch-level and increases the regulatory burden on individual cattle..."