Earth Economics – A new way of valuing ecosystems

David Batker of Earth Economics

David Batker of Earth Economics presents their analysis of Clallam County ecosystems.

The Quarterly meeting of the Strait Environmental Recovery Network (ERN) met on Friday in Port Angeles. The ERN is chartered by the Puget Sound Partnership to get organizations together to prioritize work on recovery projects along the Strait of Juan de Fuca. This month, we had David Batker, chief economist and Executive Director, of Earth Economics report on their work done for Clallam County. EE created a report called “Policy Implications of the Economic Benefits of Feeder Bluffs and 12 other Ecosystems” as part of the SMP. Sound boring? Think again…

EE has formed some new models to help understand the economic benefits of these ecosystems and their recovery. This is really revolutionary analysis. Constantly, opposition to environmental programs  rail about how fixing the environment is “too expensive” and “costs jobs”. This analysis turns that on it’s head. It makes it very hard to argue that it isn’t the *right thing* to fix the environment, from a purely economic perspective.

EE has done work around the world, and this is really ground breaking stuff. You can find more about them at http://www.eartheconomics.org.

The entire talk can be downloaded or listened to at:

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