On September 29, the SEC, at the request of the NYSE, proposed a rule that would create an entirely new type of company called a Natural Asset Company (NAC). NACs, according to the Proposed Rule, “hold the rights to ecological performance.” These companies would be given license to control lands, both public and private, and would be required not to conduct any “unsustainable activities, such as mining, that lead to the degradation of the ecosystems.”  In effect, this means that these companies would somehow seek to profit off the lands without using the lands. Whatever they do, it must be “sustainable.”

https://www.thegatewaypundit.com/2023/12/beware-secs-creation-natural-asset-companies/