{"id":296175,"date":"2024-01-17T10:23:36","date_gmt":"2024-01-17T09:23:36","guid":{"rendered":"https:\/\/climatescience.press\/?p=296175"},"modified":"2024-01-17T10:23:38","modified_gmt":"2024-01-17T09:23:38","slug":"utah-treasurer-marlo-oaks-sec-financializing-mother-nature-with-natural-asset-company-rule","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=296175","title":{"rendered":"Utah Treasurer Marlo Oaks: SEC \u2018financializing Mother Nature\u2019 with Natural Asset Company rule"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

<\/p>\n\n\n\n

By Gabriella Hoffman<\/a><\/p>\n\n\n\n

\u201cA natural asset company is a new kind of company. And it\u2019s not based on economic activity. It\u2019s based on natural processes. So, I think of it as financializing Mother Nature. In order to be able to do that \u2014 because it\u2019s not based on traditional economic activity.\u201d \u2014 Utah Treasurer Marlo Oaks<\/p>\n\n\n\n

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 \u2013 envisioned as a new Environmental, Social, and Governance (ESG) investment \u2013 on the New York Stock Exchange. Treasurer Oaks discusses why he jumped into the fight against ESG, why ESG isn\u2019t market-oriented, how natural asset companies pose a threat to financial markets, property rights, and land access, and much more.<\/p>\n\n\n\n

Listen on Apple Podcasts<\/strong><\/p>\n\n\n\nhttps:\/\/podcasters.spotify.com\/pod\/show\/district-of-conservation\/episodes\/EP-409-Fighting-ESG–Natural-Asset-Companies-ft–Treasurer-Marlo-Oaks-e2efooe\/a-aarkrpt<\/a>\n\n\n\n

SHOW NOTES<\/strong><\/p>\n\n\n\n

\u2060Treasurer Oaks Biography\u2060<\/a><\/p>\n\n\n\n

\u2060States Financial Officers Foundation\u2060<\/a><\/p>\n\n\n\n

\u2060Natural Asset Companies | UT Treasurer Website\u2060<\/a><\/p>\n\n\n\n

\u2060American Stewards of Liberty NAC Resource Page\u2060<\/a><\/p>\n\n\n\n

\u2060Submit comments opposing the SEC\u2019s NAC rule\u2060<\/a><\/p>\n\n\n\n

\u2060NAC | NYSE\u2060<\/a><\/p>\n\n\n\n

\u2060SEC Souring on ESG, Yet Promulgating Natural Asset Companies\u2060<\/a><\/p>\n\n\n\n

\u2060Rep. Hageman: Natural Asset Companies Proposed Rule Threatens Property Rights\u2060<\/a><\/p>\n\n\n\n

\u2060Senate Letter Opposing NACs\u2060<\/a><\/p>\n\n\n\n

\u2060AG Reyes, 24 AGs Write SEC to Oppose \u201cNatural Asset Companies\u201d on the Exchange\u2060<\/a><\/p>\n\n\n\n

\u2060RV Travel: BLM, SEC maneuvering to sell off public lands; future of camping could be significantly impacted\u2060<\/a><\/p>\n\n\n\n

\u2060Natural Resources Committee: Members Initiate Probe Into SEC\u2019s Rule Change Permitting Foreign Agents and Radical Activists to Control America\u2019s National Parks and Lands<\/a><\/p>\n\n\n\n

<\/p>\n\n\n\n

The post\u00a0Utah Treasurer Marlo Oaks: SEC \u2018financializing Mother Nature\u2019 with Natural Asset Company rule<\/a>\u00a0appeared first on\u00a0CFACT<\/a>.<\/em><\/strong><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

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. <\/p>\n","protected":false},"author":121246920,"featured_media":296179,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_crdt_document":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"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. ","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[691826329,691818229,691821610,691825652,691818772],"class_list":{"0":"post-296175","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-uncategorized","8":"tag-natural-resources-committee","9":"tag-esg","10":"tag-land-grab","11":"tag-osage-nation","12":"tag-u-s-president-joe-biden","14":"fallback-thumbnail"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/01\/0UT-Marlo-Oaks.png?fit=1280%2C720&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paxLW1-1f31","jetpack-related-posts":[{"id":298384,"url":"https:\/\/climatescience.press\/?p=298384","url_meta":{"origin":296175,"position":0},"title":"EP 410: Natural Asset Companies, Chevron Doctrine, WA Right to Hunt & Fish","author":"uwe.roland.gross","date":"24\/01\/2024","format":false,"excerpt":"In Episode 410 of District of Conservation, Gabriella has a roundup of the latest in energy and conservation news. She discusses the SEC rule to list natural asset companies in the NYSE being pulled by the latter, SCOTUS hearing challenges to the Chevron Doctrine, and Washington State legislature hearing a\u2026","rel":"","context":"In \"Chevron Doctrine\"","block_context":{"text":"Chevron Doctrine","link":"https:\/\/climatescience.press\/?tag=chevron-doctrine"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/01\/image-418.png?fit=1200%2C1200&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/01\/image-418.png?fit=1200%2C1200&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/01\/image-418.png?fit=1200%2C1200&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/01\/image-418.png?fit=1200%2C1200&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/01\/image-418.png?fit=1200%2C1200&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":299189,"url":"https:\/\/climatescience.press\/?p=299189","url_meta":{"origin":296175,"position":1},"title":"Victory as dangerous \u201cnatural asset companies\u201d proposal fails","author":"uwe.roland.gross","date":"31\/01\/2024","format":false,"excerpt":"Last Fall, radical Greens and their woke allies in Big Business moved to create something called \u201cNatural Asset Companies\u201d [NACs]. These were cockamamie firms, designed to be placed on the New York Stock Exchange for the purpose of tying up public and private lands by doing nothing on them whatsoever.","rel":"","context":"In \"Big Business\"","block_context":{"text":"Big Business","link":"https:\/\/climatescience.press\/?tag=big-business"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/01\/0Victory-Wallpaper-3.jpg?fit=1200%2C800&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/01\/0Victory-Wallpaper-3.jpg?fit=1200%2C800&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/01\/0Victory-Wallpaper-3.jpg?fit=1200%2C800&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/01\/0Victory-Wallpaper-3.jpg?fit=1200%2C800&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/01\/0Victory-Wallpaper-3.jpg?fit=1200%2C800&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":219757,"url":"https:\/\/climatescience.press\/?p=219757","url_meta":{"origin":296175,"position":2},"title":"Patagonia reimagines capitalism by making Earth sole shareholder","author":"uwe.roland.gross","date":"20\/09\/2022","format":false,"excerpt":"\u201cInstead of \u201cgoing public,\u201d you could say we\u2019re \u201cgoing purpose.\u201d Instead of extracting value from nature and transforming it into wealth for investors, we\u2019ll use the wealth Patagonia creates to protect the source of all wealth.\u201d","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/09\/image-978.png?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/09\/image-978.png?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/09\/image-978.png?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/09\/image-978.png?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/09\/image-978.png?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":292090,"url":"https:\/\/climatescience.press\/?p=292090","url_meta":{"origin":296175,"position":3},"title":"Biden admin wants to give climate resilient wolverines ESA protections","author":"uwe.roland.gross","date":"20\/12\/2023","format":false,"excerpt":"In Episode 399 of District of Conservation, Gabriella discusses her recent ALEC Summit speech on natural asset companies, fishing in Arizona\u2019s Salt River, previews CSF NASC podcast interviews, and discusses the USFWS\u2019s proposed rule to list the Lower-48 wolverine on the Endangered Species Act with threatened protections on climate change,\u2026","rel":"","context":"In \"Biden Administration\"","block_context":{"text":"Biden Administration","link":"https:\/\/climatescience.press\/?tag=biden-administration"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/12\/00Climate-Resilient-Wolverines.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/12\/00Climate-Resilient-Wolverines.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/12\/00Climate-Resilient-Wolverines.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/12\/00Climate-Resilient-Wolverines.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/12\/00Climate-Resilient-Wolverines.png?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":279861,"url":"https:\/\/climatescience.press\/?p=279861","url_meta":{"origin":296175,"position":4},"title":"Rick Whitbeck: Alaska represents classic environmentalism","author":"uwe.roland.gross","date":"22\/09\/2023","format":false,"excerpt":"In Episode 382 of District of Conservation, Gabriella interviews Rick Whitbeck of Power the Future. 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