Protecting endangered species of animals and plants is a goal that
almost everyone supports in principle--but in practice private
landowners have often opposed the regulations of the Endangered
Species Act, which, they argue, unfairly limits their right to
profit from their property. To encourage private landowners to
cooperate voluntarily in species conservation and to mitigate the
economic burden of doing so, the government and nonprofit land
trusts have created a number of incentive programs, including
conservation easements, leases, habitat banking, habitat
conservation planning, safe harbors, candidate conservation
agreements, and the "no surprise" policy.
In this book, lawyers, economists, political scientists,
historians, and zoologists come together to assess the challenges
and opportunities for using economic incentives as compensation for
protecting species at risk on private property. They examine
current programs to see how well they are working and also offer
ideas for how these programs could be more successful. Their
ultimate goal is to better understand how economic incentive
schemes can be made both more cost-effective and more socially
acceptable, while respecting a wide range of views regarding
opportunity costs, legal standing, biological effectiveness, moral
appropriateness, and social context.
General
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