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Mitigation banking: Panacea or poison for wetlands protection

Author
Sapp W.
Journal/Series
The Environmental Lawyer | Vol. 1(1); 99 - 139; 41 p.
Date
1994
Source
IUCN (ID: ANA-055169)
Publisher | Place of publication
The George Washington University National Law Center | Washington, DC, USA
Language
English
Country/Territory
United States of America
Subject
Land & soil
Keyword
Land-use planning Wetlands Ecosystem preservation
Abstract

This article analyzes the usefulness of mitigation banking in the context of wetlands regulation. In addition, this article discusses the narrow issue of whether mitigation banks should include preserved wetlands. This article concludes that although the concept of mitigation banking has some drawbacks overall the development of mitigation banks should be encouraged. Preservation, however, should be permitted only in very limited situations, because in most instances it leads to a net loss of wetlands with no corresponding benefit.