Should Society Put a Price Tag on Nature?

Frontiers in the Environment: Big Questions with:

 

Steve Polasky, Ione Resident Fellow; Project Lead, Natural Capital Project; and Professor, College of Food, Agricultural and Natural Resource Sciences

Natural environments such as grasslands, forests and wetlands provide ecosystem services —benefits such as clean air and water and eye-pleasing landscapes. We value these amenities in the abstract, yet rarely figure them into a budget or balance sheet when developing a shopping mall or planting a cornfield. Steve Polasky will moderate a discussion about whether society could or should place a monetary value on nature — and if so, how to incorporate that value into decisions about resource management, conservation and environmental regulation.

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