
Our natural resources are precious and exceptional in many ways. By protecting the earth’s capacity for self-renewal, we are able to maintain the beauty, value, and quality of the environment. Among others, these resources include water, topsoil, wilderness, forests, watershed areas, plants, and nonrenewable resources such as oil, coal, and minerals.
What are these natural resources worth to us? In one sense, their value is infinite. Natural ecosystems and the plants and animals within them provide humans with services that would be very difficult to duplicate. The Earth’s economies would soon collapse without fertile soil, fresh water, breathable air, and an amenable climate. But “infinite” too often translates to “zero.” According to World Resources Institute, in one of the first efforts to calculate a global number, a team of researchers from the United States, Argentina, and the Netherlands has put an average price tag of US$33 trillion a year on these fundamental ecosystem services, which are largely taken for granted because they are “free.”
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