Check this idea out:
http://www.wired.com/wiredscience/2009/02/conderivatives/
"Under their plan, the government would determine the cost of protecting a species if it becomes endangered. That money would be set aside to fund contracts with payouts pegged to species health. The contracts would be sold to landowners and developers whose actions directly affect the animals, though the contracts could be freely re-sold.
Should animal numbers fall beneath a predetermined threshold, contracts would be voided, and money devoted to anticipated recovery programs. If the species thrives, investors would be rewarded, with profits growing in direct proportion to species health."
In other words, instead of having the government pay to protect endangered species, individual groups or organization could try to save them on their own. If they succeeded and the organism was saved, the government would then pay the group of people.
Can you think of any advantages or disadvantages to trying this idea out?
Read More http://www.wired.com/wiredscience/2009/02/conderivatives/#ixzz13OPnjA7p
http://www.wired.com/wiredscience/2009/02/conderivatives/
"Under their plan, the government would determine the cost of protecting a species if it becomes endangered. That money would be set aside to fund contracts with payouts pegged to species health. The contracts would be sold to landowners and developers whose actions directly affect the animals, though the contracts could be freely re-sold.
Should animal numbers fall beneath a predetermined threshold, contracts would be voided, and money devoted to anticipated recovery programs. If the species thrives, investors would be rewarded, with profits growing in direct proportion to species health."
In other words, instead of having the government pay to protect endangered species, individual groups or organization could try to save them on their own. If they succeeded and the organism was saved, the government would then pay the group of people.
Can you think of any advantages or disadvantages to trying this idea out?
Read More http://www.wired.com/wiredscience/2009/02/conderivatives/#ixzz13OPnjA7p