Putting A Dollar Value On Ecosystems
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."