Streams of Revenue

"One of the most influential, and perhaps surprising,developments in environmental policy in recent decades is the idea that we can protect the environment from the negative impacts of economic development by making environmental protection itself more economic. The goal is to reduce environmental harm not by preventing it, but by pricing it. Using stream mitigation banking, that is the market for rivers and streams under Section 404 of the US Clean Water Act, as a case, Lave and Doyle explain where market-based environmental management approaches came from, how they work in practice, and what they do on ground"