Wall Street’s New Asset Class Will Put Natural World ‘Up for Sale’ (ie: water etc)
The Rockefeller Foundation and the New York Stock Exchange recently created a new asset class that will put not just the natural world but the processes underpinning all life, up for sale under the guise of promoting “sustainability.”
“Last month, the New York Stock Exchange (NYSE) announced it had developed a new asset class and accompanying listing vehicle meant “to preserve and restore the natural assets that ultimately underpin the ability for there to be life on Earth.”
Called a natural asset company, or NAC, the vehicle will allow for the formation of specialized corporations “that hold the rights to the ecosystem services produced on a given chunk of land, services like carbon sequestration or clean water.
These NACs will then maintain, manage and grow the natural assets they commodify, with the end goal of maximizing the aspects of that natural asset that are deemed by the company to be profitable.”
“Our hope is that owning a natural asset company is going to be a way that an increasingly broad range of investors have the ability to invest in something that’s intrinsically valuable, but, up to this point, was really excluded from the financial markets.”
“Put differently, NACs will not only allow ecosystems to become financial assets, but the rights to “ecosystem services,” or the benefits people receive from nature as well. These include food production, tourism, clean water, biodiversity, pollination, carbon sequestration and much more.”
And instead of “public utilities” or local “co-operatives” they will be able to control who gets water, or food or energy. No vax pass, no food or water for you. The Seinfeld Soup Nazi would be proud.