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How are you going to determine market price? For example, what would the Sacramento Delta smelt (the fish) pay for their water?

• mapt 11y ago
  The history of ecosystem services pricing is one of a government bureaucracy slapping an arbitrary figure into that variable with little relation to reality, marketing the hell out of it through international NGOs, and their environmental policies improving rapidly as a result of this fairly small exogenous incentive* *So long as they don't find a workaround, like coffee/palm plantation reforestry