Dec. 25, 2023
Biggest Land Grab initiative in the USA: The New York Stock Exchange went to the SEC in September to set up rules that would allow “Natural Asset Companies” to put a monetary value on “ecological services” totally independent of existing accounting (GAAP) rules! This would be a United Nations accounting system (totally new) to allow Asset Management companies to charge for the “management” of ecological processes! Natural Asset Companies will be buying “management rights” to land without actually owning the land, severely curtailing the rights to the use of public land in the name of “climate change control”; Natural Asset companies will be able to make a lot of money (an estimated 4 to 5 quadrillion) by putting financial burdens on natural or man-made processes that would have to first buy carbon credits for activities such as drilling, mining, public land grazing, ranching, and other activities; Public resources (land, water, air) would now be restricted to people who would have to first pay for access! Blackrock has recently bought 43% of available homes; they will be able to buy huge areas of federal and private land; other global organizations can do the same and restrict access to our public land, This is rule making run amuck! This is ESG (Environmental Social Governance) on steroids! This rule, if successful, will gut the property rights of Americans! Disprove or withdraw this rule immediately!