The Forum > Article Comments > The sustainability of wilderness > Comments
The sustainability of wilderness : Comments
By Ralf Buckley, published 10/3/2010The financial value of goods and services humans derive from the natural environment is many tens of trillions of dollars every year.
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For example:
“The total cash cost to buy all the world’s remaining areas of high biological diversity at current local land-sale prices is estimated at $20 billion per year for ten years. This is less than annual US expenditure on soft drinks. So yes, the world can afford it.”
It’s like saying the value of the housing stock in Australia is $x billion, a figure derived by adding up the notional cost of each house. Since as a matter of fact no-one is ever in the position of buying all the housing at the same time, consequently the price data are a fiction. They have no application, and no meaning, either in theory or in practice.
It is not valid to regard all the world's property as held in common, and “the world” as a decision-making entity, with the author exercising a God-like supervision, and a power to decide for everyone in the world including all those who disagree with him.
If it were true that the author represented everyone in the world, the solution would be simple: just buy the remaining areas of high biological diversity. The fact that people aren’t doing that is because they are motivated by different values from the author, a well-fed westerner using a long time-frame, and purporting to decide the fate of the whole world. The author doesn’t agree with their values, but then, he doesn’t know what they are either, does he?
He is right that private businesses should not be publicly subsidised. But how anyone can think that natural resources will be better conserved by expanding the tragedy of the commons is a mystery.