subtext: This guy wants a return to the racial preferences in farm support that were found unConstitutional a couple of years ago.
New ESG Rules Are Hurting American Farmers
By ZeroHedge - Jul 02, 2022, 2:00 PM CDT
-The SEC has just proposed a new ESG rule that could spell disaster for some American farms and ranches.
-The rule will force farms and ranches to adopt more rigorous reporting regimes which could weigh on their bottom line.
-A 2018 survey of nearly 1,500 farmers found 69 percent still use non-computerized tools for their day-to-day operations compared to 16.5 percent who chiefly rely on FMS systems.
n March, the Security and Exchange Commission (SEC), a governmental outfit purporting to “promote a market environment that is worthy of the public’s trust,” proposed a new Environmental, Social, and Governance (ESG) rule. Billed as the “Enhanced and Standardization of Climate-Related Disclosures for Investors,” it would require registrants who do business with small operators “to include certain climate-related disclosures” called Scope 3 Emissions—indirect (upstream or downstream) emissions occurring in the value chain of the reporting company.
Farmers and ranchers, however, aren’t public companies nor “registrants” reporting to the agency. But the aforementioned provision will adversely affect their operations and impose steep costs and liabilities.
https://oilprice.com/Energy/Energy-General/New-ESG-Rules-Are-Hurting-American-Farmers.html
https://www.usda.gov/partnerships/socially-disadvantaged-farmers-and-ranchers
They did pass this. Mr Boyd is behind the times.
Sounds to me as if he is asking for help for all farmers, not just black farmers.