Investing in nature? Utah says no, bans natural asset companies on public land.

  • 📰 sltrib
  • ⏱ Reading Time:
  • 61 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 61%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

This Utah bill requires the Public Lands Policy Coordinating Office to recognize and promote multiple uses and sustained yields on federal public lands in Utah, while opposing conservation as a use equal to recreation, grazing and others.

Utah seeks to curb activity that prioritizes conservation on public land with a recently passed bill.in the 2024 Legislature, requires the Public Lands Policy Coordinating Office to recognize and promote multiple uses and sustained yields on federal public lands in Utah while opposing conservation as a use equal to recreation, grazing and others.

Additionally, it prohibits natural asset companies from purchasing or leasing state public lands, owning or managing conservation leases, and purchasing or leasing ecosystem services. Rep. Carl Albrecht sponsored the bill, which he drafted in collaboration with the Public Lands Policy Coordinating Office and Utah State Treasurer Marlo Oaks. The bill’s co-sponsor, Sen. Heidi Balderree, said it would not prevent natural asset companies from conducting business on private land., a “financial innovation company with a mission to enable sustainable, market-based solutions to some of our most intractable problems,” according to its website.

To allow for “nature positive investment,” the company created natural asset companies, which can be formed by governments, private property owners, farmers and ranchers, and corporations, among others. This article is published through the Utah News Collaborative, a partnership of news organizations in Utah that aim to inform readers across the state.Sugar House construction: A breakdown of what’s planned, and how long it will take2024 Utah Legislature: Data reveals who passed the most bills, who voted ‘no’ most, and a surprise: bipartisanship

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 316. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'Natural Asset Companies' and Utah's efforts to shut the door on themThe Utah treasurer says a land acquisition proposal poses a significant risk to rural economies.
Source: KSLcom - 🏆 549. / 51 Read more »

Top Renewable Energy Stocks - Investing.comFind the best renewable energy stocks for investing in the sustainable future of energy. Research and compare the performance.
Source: Investingcom - 🏆 450. / 53 Read more »

Recession Proof Stocks - Investing.comIdentify recession proof stocks, companies that tend to experience relatively steady demand in both good times and bad, providing steady and consistent returns.
Source: Investingcom - 🏆 450. / 53 Read more »

Top Dividend Stocks - Investing.comDiscover the top dividend stocks for long-term growth and steady income. Research and compare the performance.
Source: Investingcom - 🏆 450. / 53 Read more »