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 552: The Potomac is No. 1 Endangered River in America District of Conservation

In Episode 552 of District of Conservation, Gabriella discusses the new American Rivers report on the 10 most endangered rivers list and the Potomac River earning the top spot. Why? The organization claims both the Potomac Interceptor spill and data center buildout are factors justifying the top post. Gabriella also discusses how data centers use water and why these projects aren't as scary as believed. Plus, a preview of this weekend's IOTR Summit in Florida. Tune in to learn more!SHOW NOTESAmerican Rivers: America’s Most Endangered Rivers® of 2026 is a Call to Action for Healthy Rivers and a Cleaner Water Supply Maryland rejects ‘most endangered’ label for Potomac River, as D.C. remains unaware about ranking
  1. EP 552: The Potomac is No. 1 Endangered River in America
  2. EP 551: Maine Adopts Statutory Right to Hunt and Fish
  3. EP 550: Governor Spanberger Targets Gun Ownership in Virginia (ft. Stephen Gutowski)
  4. EP 549: Maryland Madness – Lead Ammunition Bans
  5. EP 548: California Drillin' & "God Squad" Meeting

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.


Discover more from Climate- Science.press

Subscribe to get the latest posts sent to your email.