How should society pay for services ecosystems provide?

Monday, November 7, 2011 - 07:30 in Mathematics & Economics

Over the past 50 years, 60 percent of all ecosystem services have declined as a direct result of the conversion of land to the production of foods, fuels and fibers. This should come as no surprise, say seven of the world's leading environmental scientists, who met to collectively study the pitfalls of utilizing markets to induce people to take account of the environmental costs of their behavior and solutions. We are getting what we pay for.

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