North Carolina Governor Vetoes Annual Farm Bill
North Carolina Governor Vetoes Annual Farm Bill And State Esg Prohibitions: As a result, North Carolina Governor Roy Cooper has vetoed two more bills – one related to agriculture and the other restricting some state government activities that may be affected by environmental or social justice concerns.
On Friday, North Carolina Governor Roy Cooper vetoed the General Assembly’s annual farm measure and a bill that would prevent government activities like pension investing from being affected by environmental or social justice concerns.
With these vetoes, the Democratic Governor has vetoed eight bills this year. As a next step, the two most recent bills are likely to undergo, North Carolina Governor Vetoes Annual Farm Bill And State Esg Prohibitions. override votes by the Republicans, who currently hold veto-proof majorities in both the House and the Senate.
In addition to Republicans, both measures received votes from Democrats on the way to Cooper’s desk at the beginning of the month.
There are more than 30 topics covered in the annual farm bill. Like conservation groups and other Democrats, Cooper focused on a provision limiting wetlands protections in light of a recent United States Supreme Court decision and existing state legislation.
Those opposed to the wetland language contend that it would result in the development of extensive wetlands – which are essential for North Carolina Governor Vetoes Annual Farm Bill And State Esg Prohibitions. Absorbing flood waters and pollution – and harm the water quality in the area. Cooper pointed out in his veto message that the bill would leave about half of the state’s wetlands unprotected.
According to supporters of the provision, the impact of the language is overstated, affecting isolated wetlands which turn into streams only during rainstorms. According to Sen. Brent Jackson, a Sampson County Republican and chief sponsor of the bill, is optimistic that the veto will be overridden and that the measure will support agriculture, the state’s leading industry.
Cooper’s objection needs to consider that we must comply with federal law and regulations, Jackson added. The 2023 Farm Act ensures compliance with federal law in North Carolina.”
A second vetoed bill would have prohibited state agencies from using “environmental, social, and governance” standards when screening potential investments, awarding contracts, or hiring and terminating employees. Also, the state cannot assess how a company promotes sustainability, North Carolina Governor Vetoes Annual Farm Bill And State Esg Prohibitions and engages with its community, or structures its leadership to support these goals.
It results from Republican efforts nationally to counteract a corporate focus on environmental sustainability and workplace diversity that they claim is detrimental to shareholders and pension funds.
At least two other states have already enacted laws banning such criteria, and several other red states have proposed similar policies to prevent investors from incorporating them into their contracts.
Additionally, the bill states that the state treasurer can only consider factors that have a material impact on the financial risk or financial return of state North Carolina Governor Vetoes Annual Farm Bill And State Esg Prohibitions investments, such as pension funds.
“In his opinion, this bill accomplishes precisely what it is intended to accomplish. State Treasurer Dale Folwell, a Republican, supported the bill, North Carolina Governor Vetoes Annual Farm Bill And State Esg Prohibitions saying that it unnecessarily limits the Treasurer’s ability to make decisions that are in the best interests of state retirees and the health of the retirement fund.
Several other bills have also been signed by North Carolina Governor Vetoes Annual Farm Bill And State Esg Prohibitions Cooper into law, including one that allows any city to hire a “civilian traffic investigator” to investigate traffic accidents resulting in only property damage.
The Governor declined to sign a bill that would prevent local governments from adopting rules restricting the expansion of certain energy services based on fuel type – such as natural gas. As a result, once his 10-day window for acting on the bill expires late Sunday, the measure will become law.
North Carolina Governor Vetoes Annual Farm Bill And State Esg Prohibitions: How People Feel About Governor Cooper’s Vetoes
Many groups promoting environmentally friendly measures have praised Governor Cooper’s choices. Support for the judgments came from, North Carolina Governor Vetoes Annual Farm Bill And State Esg Prohibitions. groups like NC WARN, the North Carolina Chapter of the Sierra Club, and the North Carolina Sustainable Energy Association.
Sustainable Energy Association of North Carolina
Governor Cooper’s decision to veto the bill was applauded in a statement by the North Carolina Sustainable Energy Association (NCSEA). North Carolina and the cause of sustainability benefit from the Governor’s choice to veto this poorly drafted legislation.
“By vetoing this legislation, Governor Cooper is taking a stand for the rights of North Carolinians to invest their own money responsibly North Carolina Governor Vetoes Annual Farm Bill And State Esg Prohibitions and safeguard the environment,” stated NCSEA Executive Director Chris Carnevale.
Farm Bill History in North Carolina
Farm subsidies, land preservation, crop insurance, and food aid are just a few of the topics reviewed and renewed each year by the North Carolina legislature in what is known as the “Farm Bill.” A provision in this year’s proposed Farm Bill would prohibit state investments in businesses that do not meet environmental, social, and governance (ESG) requirements.
To encourage public investments in more socially and environmentally responsible enterprises, the clause has received support from progressive lawmakers and advocacy groups. On the other hand, Conservative groups and industrial associations argued that the ESG regulations were too onerous and would drive away investment from the state.