Jan. 3, 2024
I oppose the creation of Natural Asset Companies for the following reasons: My concern is that these NAC can be used to override legislative control of our valuable natural resources, water and air in order to usher in the global climate change fixes, the green new deal failed agenda, prohibition of mining and oil production. Could NAC be the backdoor used by the Biden administration to push through their failed environmental and economic policies? NAC will fall under the framework put together by the Intrinsic Exchange Group out of Delaware. It’s notable that their policies are guided by both the United Nations and the World Economic Forum. The policies of the United Nations and the World Economic Forum have major influence in these NACs. They must follow the “framework”: SEPTEMBER 2023 INTRINSIC EXCHANGE GROUP ECOLOGICAL PERFORMANCE REPORTING FRAMEWORK (IEG-Deleware) Preface “The concept of ecosystem services gained recognition globally through the Millennium Ecosystem Assessment, a research effort launched by the United Nations involving more than 1,300 leading scientists from 95 nations that examined the interactions between ecosystems and human well-being. Since then, there have been significant advances in the science and understanding of ecosystem services and natural capital and the frameworks used to classify, measure, and value them.” and “According to the World Economic Forum, over half of the world’s GDP is moderately or highly dependent on nature. Despite how essential they are, natural assets and the services they provide have been largely excluded from the mainstream of the economy. The demand for sustainable investment is large and growing, to such a degree that demand far outstrips supply. However, capital flows directed to biodiversity conservation, renewable energy, regenerative agriculture, and other direct investments needed to transition to a sustainable economy remain insufficient.” - https://www.sec.gov/files/rules/sro/nyse/2023/34-98665-ex3.pdf I urge the Commission to reject the proposed Rule SR-NYSE-2023-09. Thank you, Barbara Davis