Congressman Frank Lucas (OK-03) introduced the Protect Farmers from the SEC Act. The bill would prohibit the U.S. Securities and Exchange Commission (SEC) from requiring an issuer of securities to disclose greenhouse gas emissions (GHG) from upstream and downstream activities in the issuer’s value chain arising from farms and ranches.
National Cotton Council Chairman Ted Schneider said the U.S. cotton industry welcomes Representative Lucas’ bill which will prevent more unnecessary regulation of this nation’s producers and ranchers.