Thursday, November 13, 2008

Environmental Service Payments?

Am I seeing a pattern here? I hope so.

• In the September issue of Amber Waves, the publication
of the USDA Economic Research Service
(http://www.ers.usda.gov/AmberWaves) an article titled
“Creating Markets for Environmental Stewardship” the
author Marc Ribaudo covers several issues important to
the concept of Productive Conservation. In the article
ribaudo argues that when farmers make their production
choices, market commodities win out.
• The 2008 election is over and voters in Minnesota
and around the nation have spoken. On the ballot in
Minnesota this election was the Clean Water, Land
and Legacy Amendment. The passing of this
amendment demonstrates the leadership role Minnesota
has taken nationally in conservation of natural
resources. This shows Minnesota residents
value their environment, and are willing to pay to
protect, preserve and restore the natural resources
they value. The dedicated funding from this amendment
will allow significant progress to be made improving
the quality of Minnesota’s natural environment.
• "Periodic guest blogger at env-econ and full-time blogger at aguanomics, David Zetland, does a nice job of summarizing the case for placing dollar values on environmental assets. I have a couple of things to add and a small quibble.
We are used to paying for oil, coal, fish and other things "out there" in Nature -- either because someone owns the rights to those resources or its costs money to get them from "the commons."

Contrast our attitudes towards resources with our attitudes to the environment, which we are accustomed to "consume" for free.

As the environment is threatened and becomes more scarce, perhaps we have to think of it as a resource -- and one that is worth paying for."
(Environmental Economics blog)

No comments: