Targeting Resource Conservation Expenditiures

Date
2000-01-01
Authors
Wu, JunJie
Adams, Richard
Zilberman, David
Babcock, Bruce
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Economics
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Abstract

Payments to landowners are a major vehicle to assure resource conservation and environmental protection. Examples of payment programs are listed in the sidebar, page. 34. Some of these programs (1, 2 and 3) compensate resource owners for changing resource uses while others (4, 5 and 6) involve the outright purchase of a resource. For example, the Conservation Reserve Program (CRP) has compensated landowners to retire 37 million acres of highly erodible cropland at a current annual cost of approximately $1.9 billion, and the Nature Conservancy has protected more than 11 million acres of environmentally valuable land in the United States through purchase of donation.

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This is an article from Choices, 2000, 15(2); 33-38. Posted with permission.

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