Why Environmentalism Needs High Finance
Over at SeedMagazine.com, there's a great discussion of the need to align economic incentives and biological imperatives. Problems could be averted if species had a value that was neither zero nor infinity, and if there were incentives for people to engage in environmental stewardship before a species becomes endangered. ... We can also use market mechanisms to transfer the actual value of environmental assets to stakeholders in a local community....