Subject: SR-NYSE-2023-09: Webform Comments from Greg S
From: Greg S
Affiliation:

Dec. 24, 2023

I am writing in strong opposition to the creation of NACs
in this current rule. Under current law, it extends rights and
privileges to an NAC that are unavailable to individual property
owners. For instance, mineral rights are almost never transferred on
any ownership claim of even large properties. Water rights are also
difficult to obtain for new buyers and generally rely on a series of
grandfathered provisions. This is unacceptable favoritism in business
practices. 

Further, it's logical that local control over these lands is the
best option, since the people who live and work next to them are
usually the most incentivized to manage them with the intent to cause
the least damage and maximize outputs. An organization that could
feasibly be headquartered thousands of miles away that manages
millions of acres does not have a similar incentive. The idea that an
NAC can manage any collection of lands better than an individual or
state government does not seem to be defensibly true in most
situations. There are plenty of examples from the federal government
where mismanagement occurred due to the lack of understanding local
environments and conditions that surround decision making; for example
the release of toxins into the Animas River in Colorado. The only
difference is that NACs are private and therefore totally
unaccountable to voters. This unaccountability is also unacceptable.

I'm also strongly opposed to NACs because if rights federal lands
are being sold to private companies, access by citizens will
necessarily be curtailed. This is unacceptable since federal lands
were bought into this program for the very reason of providing access
to generations of Americans. Selling these lands (or rights to certain
aspects of them in the form of a lease) appears to be a violation of
that tenet.

If the federal government can no longer manage all the lands it has
acquired, then ownership should be passed to the state and local
governments where they are located. This is an anathema to the entire
idea of federal lands and the reason they were created. I will be
reaching out to my local government and representatives to see how
they can prevent ownership being passed into the hands of NACs.