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Press Release: Gov. Little Calls on Biden to Rescind Unprecedented Climate Disclosure Proposal

By • June 1, 2022

The following press release was sent out by Gov. Brad Little. Note: Press releases sent out by elected officials do not necessarily reflect the views and opinions of those at the Idaho Dispatch.

Boise, Idaho – Governor Brad Little and 15 other governors issued a joint letter today to President Joe Biden and Chairman Gary Gensler of the U.S. Securities and Exchange Commission (SEC) expressing their concern with the SEC Climate Disclosure Proposal that would force publicly traded companies to disclose climate-change risks and greenhouse gas emissions.

The proposed rule would harm businesses and investors by increasing compliance costs and by embellishing disclosure statements with information that the federal government and the SEC are not equipped to evaluate.

The governors warn the proposed rule is just another example of federal overreach by the Biden administration and urge the SEC to withdraw the proposed rule.

Amid skyrocketing inflation and an American energy crisis, Governor Little and other governors continue to fight regulations that increase costs and mandates on their states’ businesses and people.

Signatories to the letter include: Governors Brad Little (ID), Spencer Cox (UT), Kay Ivey (AL), Mike Dunleavy (AK), Doug Ducey (AZ), Asa Hutchinson (AR), Kim Reynolds (IA), Tate Reeves (MS), Mike Parson (MO), Greg Gianforte (MT), Pete Ricketts (NE), Doug Burgum (ND), Kevin Stitt (OK), Kristi Noem (SD), Greg Abbott (TX), and Mark Gordon (WY).

Portions of the letter are included below:

“On March 21, 2022, the U.S. Securities and Exchange Commission (SEC) proposed a rule that would compel publicly traded companies to make detailed disclosures about climate-change risks and greenhouse gas emissions. As governors, we are deeply concerned your proposed rule veers far outside the SEC’s authority as a federal agency…

“The unprecedented level of federal overreach makes your proposed rule an especially dangerous step. The SEC’s congressionally directed mission is to protect investors, facilitate capital formation, and maintain fair, orderly, and efficient markets. The proposed rule degrades and undermines that mission by injecting subjective political judgments on climate policy into corporate disclosures, in a manner calculated to harm the states that provide for America’s energy security.

“The approach in the proposed rule is especially foolish at a time when the cost of energy, and everything that depends on energy, has skyrocketed. Americans are struggling to pay their bills during the worst inflation in decades, and they expect their federal leaders to do everything possible to bring down prices, not place additional burdens on businesses and increase the uncertainty they face.”

View the signed joint letter here.

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Tags: Brad Little, Joe Biden, SEC

11 thoughts on “Press Release: Gov. Little Calls on Biden to Rescind Unprecedented Climate Disclosure Proposal

  1. This is nothing more than a campaign strategy. Chicken little is part of this globalist carbon credit push. To make a claim that he is against regulation and or Federal over reach is insulting. He shut down businesses and had his armed thugs put pressure on the businesses that would not play the game. He also waved off anyone that brought up the ESG strategy that he is supposedly speaking out against. This SEC bull crap fits directly into the ESG strategy to destroy not only states but countries and the middle class.

    I really hope so called conservatives in this state start to see that the Republicans are nothing more than red coats. All of them.

    1. I fully agree!

      These RINO politicians are PLACEHOLDERS that pretend to fight against Globalism while propping the back door open to it when we are not looking. Their task is to hold off the GENUINE conservatives until the demographics shift enough (West Coast invasion) to allow Dems to take districts over by attrition. That’s how Colorado went purple to blue.

      1. Where on Earth are you both from? I remember when Andrus was governor and we loved him. Honestly, it’s gotten to the point where I see RINO and I mentally mark you as a noxious weed invading my state. Politics has become like my time in high school where the cliques were divided by “good” Mormons vs others.

        Or maybe you’ve both spent a bit too much time online and have become parrots with no minds of your own. You both need to take some time to reconnect with your families, go to church and serve your communities.

        You’ll never agree with everything every politician does. This was a win.

  2. 10 Reasons to VOTE BUNDY:

    1. Eliminate Property Taxes
    2. Eliminate State Income Taxes
    3. Save the lives of Babies
    4. Create the most fair criminal justice system in America
    5. Take back Idaho’s Land from the federal government so the people can utilize
    6. Health Freedom and Body Autonomy without government intrusion or intervention
    7. Make Idaho the most advanced Financial Privacy State in the country
    8. Ensure the Constitution of the United States and the Bill of Rights are never violated again in Idaho
    9. Preserve gun rights for all citizens
    10. Ensure parental rights are protected and honored

    Wonder if Little will debate Ammon or will Little continue to hide his globalist agenda from the citizens of Idaho?

  3. Every once in awhile a good I am pretending to be a Conservative release has to come out to keep people wondering. Too bad he took so much Federal money and didn’t allow the Legislature to be a part in the decision . Too bad we were in a State of Emergency for 2 years to keep the tank the country program going.
    I think people can see what is really going on. What someone does much more important than what they say.

  4. Little must be voted out! I like the platform of Bundy for sure. Idaho needs new leadership.
    We just need to wake people up!

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