Dec. 26, 2023
September 27, the New York Stock Exchange (NYSE) submitted a proposal to the SEC to create a new type of company called a Natural Asset Company (NAC), which would exist to purchase the rights to control public and private land and permanently lock it away from human impact. After an unusually short 21-day public comment period, the SEC is expected to make a decision on January 2. If implemented, the proposal would have a catastrophic effect on rural economies by removing land from productive use. The goal of a NAC is not to make a profit, but rather to maximize the value of the land’s “ecological services.” Energy extraction, modern agriculture, and other economically critical activities would disappear on NAC-protected land. This is an over reach of our government!! This will be the beginnings of land grabs from the government. They will control our food, our lands then take our homes. This screams control control control! Stop this madness! Sincerely,