Only if implemented naively. The idea of LVT is to put an economic value (i.e. dollar amount) on the fact that you're preventing people from using land. It's a

Only if implemented naively. The idea of LVT is to put an economic value (i.e. dollar amount) on the fact that you're preventing people from using land. It's a market correction. If you want to express that some values are actually good beyond what the market is equipped to reward, then you need to correct further. In theory, this means that the government - acting on behalf of the public good, or its citizens, or the future of humanity, or whatever your preferred vision for the social contract is - should offer its own contribution to the cost to be paid. In practice, this means there could be a significant tax credit for meaningful nature preserves, commensurate with the value of that preserve. Taken to its limit, this tax credit could mean a negative tax (i.e. subsidy) that's enough to pay for maintaining the land in its natural state, and oh look we just reinvented public parks.