Press Release
Environmental Defense Supports Effort to Create National Conservation Banking for Endangered Species Habitat
Posted: 20-Oct-2007
Contact:
Sean Crowley, 202-572-3331 scrowley@environmentaldefense.org
(Washington, DC – October 20, 2007) -- Environmental Defense is supportive of the effort to develop Recovery Credit Trading as a new tool to aid in the conservation of imperiled species. Environmental Defense has participated actively in the development and testing of a prototype recovery credit trading system in the area around Fort Hood Army Base in Texas.
"The effort in Texas has been very promising and could be a useful model for similar efforts for other rare species in other parts of the country" said David Wolfe, a biologist in Environmental Defense’s Austin, Texas, office who has helped design the effort around Fort Hood.
"Recovery Credit Trading is a potentially powerful incentive to encourage many private landowners to invest in conservation efforts for rare species on their land," added Michael J. Bean, an Environmental Defense attorney who has worked on endangered species conservation issues for three decades. "However, the devil is in the details, which we don't know yet."
Related Articles & Press Releases
- Proposed New Fuel Economy Labels Will Help Americans Save Gas, Save Money, Cut Pollution
- Two Environmental Groups Seek to Participate in Texas-EPA Air Pollution Lawsuit
- Stronger Clean Air Standards for Smokestacks Will Save Lives -- EDF
- EPA Policy Restoring Public Right to Know About Chemical Hazards Wins Strong Support from Health, Labor and Environmental Advocates
- Updated Map of California’s Green Economy Shows Innovation Hubs Statewide
