Study: Tradable Permits Might Aid Wildlife
Posted on: Monday, 15 October 2007, 15:00 CDT
European ecologists are studying whether tradable permits, as now used in environmental endeavors, might also help wildlife.
A group of economists and ecologists from Britain, the Netherlands and Germany said such a technique appears promising but probably only for cultural landscapes such as farmland.
The European Commission has expressed an interest in using tradable permits for wildlife conservation in a technique it calls habitat banking. The idea is that each region sets a target for how much land it wants to keep for wildlife conservation and then leaves it to the free market to find the most cost-effective way of accomplishing that goal. If a developer wants to destroy valuable habitat, he or she must purchase a permit to do so from someone who has created a piece of valuable habitat elsewhere.
European law requires developers who destroy valuable habitat to recreate something equivalent elsewhere. But according to Florian Hartig, a researcher from Germany's Helmholtz Center for Environmental Research, using tradable permits is more flexible.
The idea was presented last week in Paris during the European Science Foundation's first EuroDIVERSITY conference.
Source: United Press International
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