Why Economics Matters for Endangered Species Protection

Abstract: We offer three reasons why economics matters more to species protection than many people think and what this implies for the ongoing debate over the reauthorization of the Endangered Species Act of 1973. Economics matters because (1) human behavior generally, and economic parameters in particular, help determine the degree of risk to a species; (2) in a world of scarce resources, the opportunity cost of species protection—the costs of reduced resources for other worthwhile causes—must be taken into account in decision making; and (3) economic incentives are critical in shaping human behavior, and consequently the recovery of species. Endangered species protection that explicitly addresses these basic principles can avoid wasting valuable resources that yield no gain in species protection.     

Six Biological Reasons Why the Endangered Species Act Doesn't Work—And What to Do About It

Abstract: Law plays an important role in shaping land management decisions. The success of efforts to conserve biodiversity thus depends to a large degree on how well scientific knowledge is translated into public policy. Unfortunately, the Endangered Species Act, the United States's strongest legal tool for conserving bidodiversity, contains serious biological flaws. The statute itself, as well us agency regulations and policies that implement the law include provisions that fail to account accurately for important biological concepts such us ecosystem conservation, patch dynamics, and the probabilistic nature of stochastic threats to a species' persistence. Moreover, the procedures of federal agencies charged with implementing the Endangered Species Act in some cases make it difficult for interested outside reviewers to evaluate the agencies' scientific findings and methodology. However, the Endangered Species Act also gives interested individuals and groups several opportunities to provide input into the process of managing threatened and endangered species. Conservation biologists should practice focused advocacy by taking advantage of such opportunities to steer law in a more biologically sound direction.     

New Genetic Approach to Detecting Individuals of Rare and Endangered Species

Abstract: Many rare and endangered species are difficult to locate, observe, and study. Consequently, many individuals, breeding pairs, and even populations of such species could remain undetected. Genetic markers can potentially be used to detect the existence of undiscovered individuals and populations, and we propose a method to do so that requires 3 conditions. First, sampling of the known population(s) of the target species must be comprehensive. Second, the species must display a reasonable level of philopatry and genetic structuring. Third, individuals must be able to be caught outside of breeding locations (e.g., at courtship or feeding areas, in flight), and the level of recapture must be reasonably high. We applied our method to the Chatham Island Taiko (Pterodroma magentae), one of the world's most endangered seabirds. We sequenced the Taiko mitochondrial cytochrome b gene and both copies of a fragment of the duplicated domain I of the control region. Twenty‐one haplotypes were revealed, including 4 (19%) not found in birds at known burrows. These results suggest there are more burrow groups yet to be located. The species is a pelagic gadfly petrel that inhabits land only in the breeding season during which it is nocturnal and nests in burrows. Taiko burrows are situated in dense forest in a remote area of Chatham Island, and are consequently difficult to locate and study. It is important that all Taiko burrows be discovered to enable monitoring and protection of the birds from exotic predators.     

Property Rights Case Law and the Challenge to the Endangered Species Act

Congress is poised to initiate what could be a lengthy debate over the U.S. Endangered Species Act. In anticipation, proponents of strong Fifth Amendment private property rights guarantees have begun an aggressive campaign pitting those rights against those granted other species in the Act. Little case law exists that considers both property rights and wildlife protection, but inference can be drawn from Supreme Court opinions regarding property rights which may provide insight into likely judicial contributions to resolving tension between property rights and endangered species. We review key legislative history, provisions of the Endangered Species Act, relevant case law, and the implications of recent judicial trends that pertain to property and imperiled species. We then make recommendations that may improve implementation of this critical piece of environmental legislation.     

What Exactly Is an Endangered Species? An Analysis of the U.S. Endangered Species List: 1985–1991

Critics of the Endangered Species Act have asserted that is protects an inordinate number of subspecies and populations, in addition to full species, and that the scientific rationale for listing decisions is absent or weak. We reviewed all U.S. plants and animals proposed for listing or added to the endangered species list from 1985 through 1991 to determine the relative proportion of species, subspecies, and populations, and their rarity at time of listing. Approximately 80% of the taxa added to the list were full species, 18% were subspecies, and 2% were distinct populations segments of more widespread vertebrate species. The proportion of subspecies and populations was considerably higher among birds and mammals than among other groups. The median populations size at time of listing for vertebrate animals was 1075 individuals; for invertebrate animals it was 999. The median population size of a plant at time of listing was less than 120 individuals. Earlier listing of declining species could significantly improve the likelihood of successful recovery, and it would provide land managers and private citizens with more options for protecting vanishing plants and animals at less social or economic cost.     

Public Willingness to Pay for Recovering and Downlisting Threatened and Endangered Marine Species

Abstract: Nonmarket valuation research has produced economic value estimates for a variety of threatened, endangered, and rare species around the world. Although over 40 value estimates exist, it is often difficult to compare values from different studies due to variations in study design, implementation, and modeling specifications. We conducted a stated‐preference choice experiment to estimate the value of recovering or downlisting 8 threatened and endangered marine species in the United States: loggerhead sea turtle (Caretta caretta), leatherback sea turtle (Dermochelys coriacea), North Atlantic right whale (Eubalaena glacialis), North Pacific right whale (Eubalaena japonica), upper Willamette River Chinook salmon (Oncorhynchus tshawytscha), Puget Sound Chinook salmon (Oncorhynchus tshawytscha), Hawaiian monk seals (Monachus schauinslandi), and smalltooth sawfish (Pristis pectinata). In May 2009, we surveyed a random sample of U.S. households. We collected data from 8476 households and estimated willingness to pay for recovering and downlisting the 8 species from these data. Respondents were willing to pay for recovering and downlisting threatened and endangered marine taxa. Willingness‐to‐pay values ranged from $40/household for recovering Puget Sound Chinook salmon to $73/household for recovering the North Pacific right whale. Statistical comparisons among willingness‐to‐pay values suggest that some taxa are more economically valuable than others, which suggests that the U.S. public's willingness to pay for recovery may vary by species.     

Using Economic and Regulatory Incentives to Restore Endangered Species: Lessons Learned from Three New Programs

Abstract:  We studied three new incentive-based programs for restoring endangered species on private lands in the United States: safe harbor, Environmental Defense's Landowner Conservation Assistance Program, and conservation banking. For each program, we gathered data on the number of participating landowners, the number of species targeted for assistance, and the cumulative acreage of enrolled land. Measured in this way, both safe harbor and the Landowner Conservation Assistance Program have been remarkably successful. Landowners are drawn to three aspects of these programs: (1) the removal of regulatory burdens associated with attracting endangered species to their property; (2) technical guidance on how to restore habitats for endangered species; and (3) cost-share assistance for habitat restoration. Technical guidance appears to be more important than either regulatory relief or financial assistance in securing the cooperation of some landowners. Assessing the success or failure of conservation banking proved more difficult, given the relatively small number of banks created to date and the lack of any centralized database on them. However, nearly half of the 47 endangered-species conservation banks we surveyed have sold credits, indicating some success in either acquiring or restoring essential habitats.     

Economic Science, Endangered Species, and Biodiversity Loss

Abstract: Although economic analysis can be used to argue for preservation of species and habitats, many natural assets represent inferior investments in society's asset portfolio. We demonstrate this for the case of ancient temperate rainforests and minke whales (  Balaenoptera acutorostrata ). For both rainforests and whales, we determined their value for harvest and balanced this against society's valuation of the preserved stock. For the market and nonmarket data available, we then determined how much rainforest and how many minke whales global society should keep in its asset portfolio. Although ecologists increasingly attempt to justify preservation of biological assets on economic grounds, we argue that this might be a dangerous approach to take. Ultimately, it may be necessary to reexamine the ethical foundations for conservation of nature and biodiversity, including the economist's use of utilitarianism. We suggest that the safe minimum standard approach may prove useful in practice.