10/05/10 17:46:23
Wow, scary:
> An ongoing project known as The Economics of Ecosystems and Biodiversity (TEEB) is attempting to
> quantify the monetary value of various services that nature provides for us, such as purifying
> water and air, protecting coasts from storms
> [...]
> The rationale is that when such services disappear or are degraded,
> they have to be replaced out of society's coffers.
> TEEB has already calculated the annual loss of forests at $2-5 trillion,
> dwarfing costs of the banking crisis.
From URLﾘﾝｸ(news.bbc.co.uk)