Putting A Dollar Value On Ecosystems
Author: Mark Brodie | Published: April 15, 2017
How do you put a dollar value on something that in some ways is priceless? Like the Mona Lisa? Or biodiversity?
Researchers in a new paper try to do just that — with one specific ecosystem service, provided by grasslands: soil carbon storage.
Bruce Hungate is the director of the Center for Ecosystem Science and Society at Northern Arizona University and lead author of a paper on the economic value of soil carbon storage. The paper was published in “Science Advances.” Mark Brodie from KJZZ interviewed researcher Bruce Hungate to learn more about how the study put a dollar value on soil carbon storage.