On the recordJune 28, 2024
Mr. Chair, I rise today to offer my amendment to prohibit any funding to finalize, implement, or enforce the Federal Acquisition Regulation, known as FAR, Council's proposed Federal Acquisition Regulation: Disclosure of Greenhouse Gas Emissions and Climate-Related Financial Risk rule. Mr. Chair, this disastrous rule proposed by the FAR Council has numerous constitutional, national security, and practical concerns, none of which have been adequately addressed by the FAR Council nor the Council on Environmental Quality who have pushed for this rule. First and foremost, this rule requires all Federal contractors that do more than $50 million worth of business with the Federal Government to disclose all scope 1, 2, and 3 emissions. This rule also seeks to require major Federal contractors to comply with the Paris Climate Accords, which has never been ratified by the Senate. The most objectionable part of this rule is the requirement that companies set climate targets and have them validated by one specifically named company called Science Based Targets Initiative, or SBTi. SBTi is a foreign entity based in London, which inherently carries national security concerns. Under this rule, every major Federal contractor, including companies critical to our national security and our defense industrial base, would have to provide this foreign company with information about all of their scope 1, 2, and 3 emissions and then strategize on how to reduce them.…





