3 ms·
Nature Has Value. Could We Literally Invest in It?
- mitchbob 3y agohttps://archive.ph/2024.02.18-114735/https://www.nytimes.com/2024/02/18/business/economy/natural-assets.html https://archive.ph/2024.02.18-114735/https://www.nytimes.com...
- h2odragon 3y agoWhen the first round of the "waters of the United States" / wetlands fuss kicked off in the early 90s, one proposal was for the Government to pay landowners for all the territory it had just assumed legal control over. They decided prosecuting the victims of those takings was easier than compensating them. Much fuss ensued. Meanwhile there's been a lot of people conserving land by owning it. Personal stewardship or natural resources that will outlive them. I expect their results are better, in aggregate, than the lands held under coerced "conservation easements" or outright seized by government.
- tocs3 3y agoI saw some of this fight in the 90s (Central Texas) and much of the land privately conserved is now shopping and condos. The money is just to good. I bought 8 acres in the 90s here for about $15k. Did not know how I would ever pay it off (family held the note and were pretty forgiving lenders). Recent subdivided land in the area is going for about $400K (same sized lots). Also, taxes have gone up. In the past 5 years. My 2023 Notice of Appraised Value states "The difference between the 2016 appraised values and the 2023 appraised value is 528.97%" for my unimproved land.
- tocs3 3y agoI would like to see more work done to make local natural resources valuable. Central Texas it is becoming a fairly dense suburban area (where I live and grew up). It is nice to see someone working in this direction. The milkweed stuff mentioned in the article is interesting (https://www.monarchflyway.com/ https://www.monarchflyway.com/)