Originally Posted by
cooker
It's actually a flaw in traditional economics that natural resources aren't valued until exploited. A million acres of fertile land is in fact more valuable than a million acres of depleted land, and an ocean teaming with fish is more valuable than one that's been fished out. And fish that die and sink to the ocean floor help the global economy because they sequester carbon.
I can see this in theory, like potential vs kinetic energy, and the economy does recognize the value in terms of the price of the land and the tax thereof. If its public land vs private taxable land, I suppose thats different. But while an interesting theory, whats the practical application you'd suggest? If thats too political for non p&r feel free to PM me. I am genuinely interested in this idea.