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Hurricane Ike Chinese FY1-D MVISR September 12, 2008 at 6:18 PM CDT

Buying and Selling Ecological Services: A Proposal for the Texas Gulf Coast Jim Blackburn SSPEED Center Rice University Work Supported by Grants From Houston Endowment and National Fish and Wildlife Foundation. Hurricane Ike. Category 2 $24 billion in damages 4th costliest in U.S. History

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Hurricane Ike Chinese FY1-D MVISR September 12, 2008 at 6:18 PM CDT

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  1. Buying and Selling Ecological Services: A Proposal for the Texas Gulf CoastJim BlackburnSSPEED CenterRice UniversityWork Supported by Grants From Houston Endowment and National Fish and Wildlife Foundation

  2. Hurricane Ike Category 2 $24 billion in damages 4th costliest in U.S. History 112 deaths 2.6 million lost power Hurricane Ike Chinese FY1-D MVISR September 12, 2008 at 6:18 PM CDT

  3. CEQ’s Proposed National Objectives, Principles, and Standards for Water and Related Resources Implementation Studies • Protect and restore natural ecosystems and the environment while encouraging sustainable economic development. • Avoid unwise use of floodplains, flood-prone areas and other ecologically valuable areas. • Give “full and equal treatment to nonstructural approaches.”

  4. MS AL LA Mississippi Coastal Improvements Program After Katrina Dr. Susan Rees, Mobile District: “Unlikely to See a Totally Structural Hurricane Abatement Implemented in Today’s Funding and Evaluation Climate”

  5. The Federal Debt Reaches Historical High CBO forecast - end of 2010, federal debt will be 62% of GDP.

  6. Original Landfall GIS UT Dr. Clint Dawson

  7. Ike Surge Flowing Back Into Gulf 4 Days After Landfall – Excellent Flood Storage 8 Photo: Bryan Carlile

  8. Galveston Bay Coastal Protection System

  9. Possible Economic Concepts For Non-structural Mitigation • Recreation/Eco-Tourism • Natural Resource Value Trading Concept

  10. Day Recreation Usage Development of “Backside” of Peninsula

  11. Proposed Lone Star Coastal National Recreation Area

  12. Possible Economic Concepts For Non-structural Mitigation • Recreation/Eco-Tourism • Natural Resource Value Trading Concept

  13. 100-Year Storm Surge Levels Slide Courtesy Hal Needham, Louisiana State University

  14. Spartina Alterniflora and Other Coastal Wetland Plants Define Resiliency – Learn From It Embrace It Emulate It Develop Resilient Economy

  15. Natural Resource Value Trading System • Based on Experience in Regulatory-Based Systems • Corps of Engineers Wetland Mitigation Banks • U.S.F.W.S. Endangered Species Offset Concepts • 303(d) Water Quality Programs for Nutrients and Temperature in Chesapeake Bay and Willamette Valley • Emerging Carbon Markets

  16. Conceptual Natural Resource Value Trading System Buyers Sellers Trading Platform $ Flood Storage Conservation of Existing Habitat Neo-tropical Migrant Habitat Creation Coastal Wetland Creation/Migration Migratory Waterfowl Habitat Creation Prairie Habitat Creation Forest Lands Habitat Creation Carbon Sequestration Endangered Species Habitat

  17. Potential Buyers • Flood Control • U.S. Army Corps Non Structural • FEMA “Value Proposition” • Philanthropic • USFWF (BP $) • Private Foundations • Corporate • Zero Footprint Initiatives • Carbon Offsets • Other Mitigation • Ecological Gift Market

  18. Potential Sellers • Private Landowner – Flood Storage At Key Elevations • Private Landowner – Carbon Farmer • Private Landowner – Wetland Habitat Owner and/or Creator • Private Landowner – Prairie Habitat Owner and/or Creator • Private Landowner – Neotropical Habitat Owner and/or Creator • Private Landowner - Forest Habitat Owner and/or Creator

  19. Contact Me • jbb@blackburncarter.com • blackbur@rice.edu

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