“NACs will be corporations that hold the rights to the ecological performance ( i.e., the value of natural assets and production of ecosystem services) produced by natural or working areas, such as national reserves or large-scale farmlands, and have the authority to manage the areas for conservation, restoration, or sustainable management. These rights can be licensed like other rights, including “run with the land” rights (such as mineral rights, water rights, or air rights), and NACs are expected to license these rights from sovereign nations or private landowners.”” — Federal Register, SEC Rule on NACs
In Episode 390 of District of Conservation, Gabriella welcomes back Margaret Byfield of American Stewards of Liberty to deconstruct natural asset companies (NACs). Tune in to learn about NACs, an SEC rule to empower them, how this is an ESG work-around, how private and public land access will be affected, and how you can educate yourself on them.
Listen on Apple Podcasts
SHOW NOTES
Natural Asset Companies – NYSE
Intrinsic Exchange Group: Working Areas, Natural Areas, Hybrid Areas
Natural Assets: Monetizing the Air We Breathe
SEC Souring on ESG, Yet Promulgating Natural Asset Companies
SEC Rule on the Federal Registrar
If BLM OKs Controversial Rock Springs Plan, Don’t Expect Local Cooperation