Privatizing Nature, by William T. Hathaway

Tree 15

Image by Brett Davis via Flickr

by William T. Hathaway
Writer, Dandelion Salad
Germany
March 3, 2022

The financial wizards of Wall Street have devised a new way to profit from Mother Nature. They’ve created a class of stocks called Natural Asset Companies that will control the earth’s resources such as water, wildlife, forests, minerals, and farmland. The project was developed by the Intrinsic Exchange Group in partnership with the New York Stock Exchange, the Inter-American Development Bank, the Rockefeller Foundation, and the investment firm Aberdare Ventures.

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