Nov. 17, 2023
I am against the proposal to allow the formation of a new type of company. Natural Asset Companies. NACs, would purchase the rights to control public and private lands, such as parks, forests and farms, but a NAC wouldn’t put the land to economic use. Instead, it would preserve its acquisitions to maximize the value of the land’s “ecological services.” This is anathema to one of this country's foundational principals, that property should be privately owned and used for economic advancement.