Targeting Resource Conservation Expenditiures
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Babcock, Bruce
Adams, Richard
Zilberman, David
Babcock, Bruce
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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.
Comments
This is an article from Choices, 2000, 15(2); 33-38. Posted with permission.