2 thoughts on “Interfering With Productive Uses of the Land

  1. Marlo Oaks , Treasurer of Utah opposes a proposal under consideration by the Securities and Exchange Commission (SEC) that would allow for the creation and listing of a new type of company called a Natural Asset Company (NAC) on the New York Stock Exchange (NYSE). The proposal poses a significant risk to rural economies by creating a mechanism for public and private land to be permanently removed from productive use in the name of solving climate change.

    “The proposed creation of Natural Asset Companies is one of the greatest threats to rural communities in the history of our country,” Treasurer Oaks said. “Under the proposal, private interests, including foreign-controlled sovereign wealth funds, could use their capital to purchase or manage farmland, national and state parks, and other mineral-rich areas and stop essential economic activities like farming, grazing, and energy extraction. Recreating on Utah’s incredible natural lands could also face significant curtailment.”

    Unlike other types of companies, the purpose of a NAC is to maximize the value of the land’s “ecological services,” rather than generate a profit from traditional activities. “Unsustainable extractive activities” including energy extraction and the use of farm machinery and synthetic fertilizers, would be prohibited on NAC-managed land.

    “In western states, where the federal government owns more than half of the land and is pushing for more conservation easements, the effect could be devastating. Natural Asset Companies could acquire the easements without the landowners’ consent.

    After an unusually short 21-day public comment period, the SEC was expected to make a decision on January 2. In late December, the SEC announced that it is delaying the decision, reopening public comments, and instituting proceedings. Public comments should be submitted by January 18.

    “I encourage Utahns to push back against a proposal that could result in the 67% of the state owned by the federal government being placed under the control of private investors, including foreign actors, who do not have our best interest at heart. Contact the SEC, the NYSE, and your federal and state representatives and share your concerns about this troubling proposal.”

    To view the 2,126 comments made on NYSE Rulemaking
    Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing of Proposed Rule Change to Amend the NYSE Listed Company Manual to Adopt Listing Standards for Natural Asset Companies go to:


    Here is the first one by From: Cynthia McClure:

    “These assets belong to the American people. Do not put these properties under the control of a private company, corporation, or affiliation.”

    I can tell you this is not going to happen in the dark of night.

    1. This is the perfect arrangement, Fred, for the globalist billionaires to create scarcity if this is their inclination and mindset. They can simply buy up all the land and refuse to put it to use. And they will have a designated category of investment that encourages them to do this. I hope you are right that this will fail.

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