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<br /> <br />DEC"07"9B 09,55 FROM,M,B.S.S, <br /> <br />. <br /> <br />The conference did not limit this focus to 10 rural <br />setting, howo:ver, as the mOre famiJiar the s of indus- <br />trial ecology :md commercializing en . nnumtalism <br />were explored in det:liI. The flow 0 ood, energy, <br />water, and other ecosystem.<Jcriv p!'oducts from <br />rural to urban .setting.! Is also orId influenced by <br />incentive strUcrures that c manipul2ted to make <br />valuing nature's service ore likely to occur in the <br />economic sense, W e balance accounting, product <br />take back p , material flows efficiencies, and <br />other examples ggest that there Is real economic <br />gold to be ed in the indU$tri2I and commercial set. <br />tIngs, And' companles:md consu''l1e:s do the .' t <br />thing" th respect to e:coS)'SU'ms because 0 ' centive <br />moti lions built around ecosystem servi production <br />c:a city, who cares whether it is bec of economic <br />or of moral incentives? <br />The final theme of the com ce is one that has <br />resonated throughout enviro ental Law for some <br />time-uncertainty. The lion from care1illly <br />designed research Is the loss of ecosystem services <br />may be nonJinsar ctlon, such that we: may cross <br />thresholds back which we cannot easily return <br />and which w 'll not identify until after we have <br />passed th . For ex:unple, It III2Y be that global warm. <br />ing ca no perceptible global environmental ange <br />un threshold Is crossed, after which ch e comes <br />. furiously, im:verSlbly. and with pos' feed- <br />back-the scenario SOlllC have hypo ized for dec:p <br />ocean currents, We don't know l:ther that will hap- <br />pen, but do we want to find 0 . Research into nonlin- <br />ear eCosystem dynamics th has made playing with <br />uncertainty. more ous game and the precau. <br />tionary principle a compelling policy question. <br />.-\bout ten tes of the thrcc-day conference was <br />devoted to the reform Issue, Professor James <br />Salzman OU ed for the eco-cconomists why Law <br />reform - be needed if they want to put, theo to <br />actio . point they seemed to .ccc:pt, and outlined <br />for e Lawyer in the audience (I.e" me) t fonns <br />this law reform might take in the imm 'ate ruture <br />based on existing law. Oearly, as r ch on cCosy!r <br />tern senice v:tlues is refined, It d Influence the <br />p'rocess of natUral resource ge assessment under <br />CERCIA, the Oil Pollution and similar fedCllll and <br />state laws. One stc:p , what if evidence of causa- <br />tion and value becom sufficiently developed to with. <br />stand tOrt law proof dards? Could there be a new <br />form oftOrt, an e tort, to capture damage to one's <br />ecosystem sc 'e ownership? Finally. he suggested <br />that L~w reeo may focus on the identification and <br />protecti f ecosystem service indicators and the <br />explicit ge between them and the incentives strUC, <br />tures. he spoke, I envisioned perhaps a floating <br />ecoS)'$tem use taX based on periodic quotes of some <br />measured environmental variable that could be repon- <br />ed along side traditiOnal economic perfonnance Indica- <br /> <br />10=870 247 8827 <br /> <br />PAGE <br /> <br />2/4 <br /> <br />totS. (For more on this tOpic e James SaIzm.an, <br />Valuing Ecosystem Service, 24 EcoLOGY L.Q. 887 <br />(997)), To be sure, nei r he nor anyone else has the <br />taX r,1te or the indicat ironed out yet, but the frame- <br />wOrk for even g along these lines has camed at <br />least this colle of eminent ecologists and econo- <br />mists, togeth 0 less, intO territory that was previous- <br />ly unheard for either discipline not tOO long ago. A <br />no less nilnt point for law is that, In ad 'on to <br />buil' new lega.l frameworks around ecosystem <br />seevi s concept, some existing legal r ' es pose bar- <br />rle that may become the tatgets 0 onn. Water <br />tS, fedenlland multiple use dates. below-<:O$t <br />timber sales, taX and subsidy <:s, and other <br />entrenched featureS of the resent legal strUcture <br />affecting how ecosyst are used are likely to <br />be more closely scru' 'Zl!:d with the new tools of <br />ec<>economic:s. <br />I a.tn not <br />jump on the conomics bandwagon. <br />uncontt~ iaI movement even in 10 gy and eco- <br />nomic and it carries with it profo d policy implica- <br />tio each person ...ill have to w ,Real-world <br />examples such as the New Y City effOrt are still few <br />and far between. making movement subject to . <br />'Show me the money!' enge, I suspect, however, <br />that the ecosystem . ces movement in ecology and <br /><<onomles will n easily be turned around, and I sug- <br />gest it will be dent for all SONREEI. members to <br />keep track of their progress, maybe even join 'em. <br /> <br /> <br /> <br />Are We Selling the <br />Environment Down the River? <br /> <br />Vickie V. Sutton <br /> <br />The American Heritage Rivers [nltia!ive is a regula- <br />tory watershed management program implemented by <br />a 1997 ""ec:utive oreler of the Clinton administration <br />which has drawn substantial oppOSition from members <br />of Congress and advocates of state regulatory powetS <br />and privllte propcny rights. Designed and promoted by <br />Kathleen McGinty's Council on Environmental Quality <br />(CEQ), the new fedCllll program o."tends and delegates <br />federal regulatory influence without benefit of authoriz- <br />ing leg.l.slation Or even an underlying fedc:ral rule. <br />Critics have challenged its consistency with e:xisling <br />fedc:ral and State environmental, natural resource and <br />property laws and sevc:ral areas of established coostiN- <br />tlonal law as well. <br /> <br />[)r>, Sutton is frmner assistant director, Office of Science and <br />TechnoloGJ-' Policy, E:<ecutive Office of the President, during <br />tbe Busb admini$Zf'arion. <br /> <br />,.,,,.. <br />