"Wall Street shouldn't be allowed to control Utah's land just to meet with ESG goals," said Rep. Curtis [ESG: Environmental, social, & corporate governance]. "Western communities rely on public lands for their livelihoods, recreation, and more. This rule, and any similar proposal to authorize Natural Asset Companies, is a direct threat to that way of life."
In 2023, the Securities and Exchange Commission (SEC) published a rule that would allow Natural Asset Companies (NACs) to own the rights to ecological performance and license rights to minerals, water, or air from "sovereign nations or private landowners." In 2024, the rule was abruptly pulled after receiving widespread opposition, including from Congressman John Curtis.
Curtis knows better than most how discussions of climate change and energy transitions can be met with skepticism from some conservatives. But Curtis said the more his constituents learn about what he's doing, the more they agree with him. "As they understand that I'm offering solutions for conservatives that don't ask them to give up their conservative values, I find great support," Curtis said.
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The above quotations are from 2024 Utah Senatorial race: debates and news coverage.
Click here for other excerpts from 2024 Utah Senatorial race: debates and news coverage. Click here for other excerpts by John Curtis. Click here for a profile of John Curtis.
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