Values of Natural Habitat
See Environmental Economics
The natural environment is a source for a wide range of resources that can be exploited for economic profit, for example timber is harvested from forests and clean water is obtained from natural streams. However, land development from anthropogenic economic growth often causes a decline in the ecological integrity of nearby natural habitat. For instance, this was an issue in the northern rocky mountains of the USA.
However, there is also economic value in conserving natural habitat. Financial profit can be made from tourist revenue, particularly in the tropics where species diversity is high. The cost of repairing damaged ecosystems is considered to be much higher than the cost of conserving natural ecosystems.
Measuring the worth of conserving different habitat areas is often criticized as being too utilitarian from a philosophical point of view.
Read more about this topic: Habitat Conservation
Famous quotes containing the words values, natural and/or habitat:
“We must be physicists in order ... to be creative since so far codes of values and ideals have been constructed in ignorance of physics or even in contradiction to physics.”
—Friedrich Nietzsche (1844–1900)
“Fielding being mentioned, Johnson exclaimed, “he was a blockhead ....” BOSWELL. “Will you not allow, Sir, that he draws very natural pictures of human life?” JOHNSON. “Why, Sir, it is of very low life. Richardson used to say, that had he not known who Fielding was, he should have believed he was an ostler.””
—Samuel Johnson (1709–1784)
“Neither moral relations nor the moral law can swing in vacuo. Their only habitat can be a mind which feels them; and no world composed of merely physical facts can possibly be a world to which ethical propositions apply.”
—William James (1842–1910)