18 Oct '12, 12pm

What’s wrong with putting a price on nature? @RichardConniff on the risks of pricing ecosystem services #PES

What’s Wrong with Putting a Price on Nature? The concept of pricing ecosystem services and allowing them to be bought and sold has gained wide acceptance among conservationists in recent years. But does this approach merely obscure nature’s true value and put the natural world at even greater risk? by richard conniff Ecosystem services is not exactly a phrase to stir the human imagination. But over the past few years, it has managed to dazzle both diehard conservationists and bottom-line business types as the best answer to global environmental decline. For proponents, the logic is straightforward: Old-style protection of nature for its own sake has badly failed to stop the destruction of habitats and the dwindling of species. It has failed largely because philosophical and scientific arguments rarely trump profits and the promise of jobs. And conservationists can’t usuall...

Full article: http://e360.yale.edu/feature/whats_wrong_with_putting_a_p...

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