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Topic 10: Two Valuation Studies

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Topic 10: Two Valuation Studies

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    1. Topic 10: Two Valuation Studies Wetlands, by Dixon and Lal “Value of Everything” by Costanza et al. (1997) Nature Between 1780 and 1980, an estimated 53 percent of the U.S.’s original 221 million acres of wetlands were converted to other uses, primarily agriculture. Much of the conversion was subsidized by the Federal government, consistent with prevailing attitudes of the day. Between 1780 and 1980, an estimated 53 percent of the U.S.’s original 221 million acres of wetlands were converted to other uses, primarily agriculture. Much of the conversion was subsidized by the Federal government, consistent with prevailing attitudes of the day.

    2. Issue #1: What’s a Wetland Worth? Lost: 53 percent of U.S.’s original wetlands. Subsidized conversion.

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