Utah Treasurer Marlo Oaks: SEC ‘financializing Mother Nature’ with Natural Asset Company rule

By Gabriella Hoffman

“A natural asset company is a new kind of company. And it’s not based on economic activity. It’s based on natural processes. So, I think of it as financializing Mother Nature. In order to be able to do that — because it’s not based on traditional economic activity.” — Utah Treasurer Marlo Oaks

In Episode 409 of District of Conservation, Gabriella interviews Utah Treasurer Marlo Oaks. Treasurer Oaks was first appointed to the position in July 2021 and then elected in November 2022. He and 21 other state financial officers forced the Securities and Exchange Commission (SEC) to reopen its proposed rule to list Natural Asset Companies – envisioned as a new Environmental, Social, and Governance (ESG) investment – on the New York Stock Exchange. Treasurer Oaks discusses why he jumped into the fight against ESG, why ESG isn’t market-oriented, how natural asset companies pose a threat to financial markets, property rights, and land access, and much more.

Listen on Apple Podcasts

EP 558: Oppose Oregon IP28 (AKA the PEACE Act) District of Conservation

In Episode 558 of District of Conservation, Gabriella lays out the case against Oregon IP 28 – or the PEACE Act – that would ban lawful animal uses including hunting, fishing, farming, trapping, and even pet ownership. Tune in to learn more!SHOW NOTESINDEPENDENT WOMEN: Cruel Oregon Ballot Initiative Would Harm Conservation, Agriculture
  1. EP 558: Oppose Oregon IP28 (AKA the PEACE Act)
  2. EP 557: 95% of National Wildlife Refuges to Open to Hunting, Fishing
  3. EP 556: RCP8.5 is Dead
  4. EP 555: Congresswoman Harriet Hageman (R-WY)
  5. EP 554: Amsterdam Bans Meat, Fossil Fuel Ads to Combat Climate Change

SHOW NOTES

⁠Treasurer Oaks Biography⁠

⁠States Financial Officers Foundation⁠

⁠Natural Asset Companies | UT Treasurer Website⁠

⁠American Stewards of Liberty NAC Resource Page⁠

⁠Submit comments opposing the SEC’s NAC rule⁠

⁠NAC | NYSE⁠

⁠SEC Souring on ESG, Yet Promulgating Natural Asset Companies⁠

⁠Rep. Hageman: Natural Asset Companies Proposed Rule Threatens Property Rights⁠

⁠Senate Letter Opposing NACs⁠

⁠AG Reyes, 24 AGs Write SEC to Oppose “Natural Asset Companies” on the Exchange⁠

⁠RV Travel: BLM, SEC maneuvering to sell off public lands; future of camping could be significantly impacted⁠

⁠Natural Resources Committee: Members Initiate Probe Into SEC’s Rule Change Permitting Foreign Agents and Radical Activists to Control America’s National Parks and Lands

The post Utah Treasurer Marlo Oaks: SEC ‘financializing Mother Nature’ with Natural Asset Company rule appeared first on CFACT.


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