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Date: 2024-11-21 Page is: DBtxt001.php L0700-UA-NC-RESOURCES
UNIT OF ACCOUNT FOR NATURAL RESOURCE DEPLETION
Land
The value of land should be related to a land value unit, and adjusted to reflect all the various uses there are for land, and not just those that a priced into money units as a result of trade.
There is value in land when used for eco-services (forests for carbon, wetlands for fisheries, wildland for bio-diversity, natural land for water purification, etc).
The unit of measure of land could be that 1 hectare of land = 1000 land units. Land use is constrained by a limited and fixed amount of land, and the value will change depending on the use being made of the land.
Land may be used for urban development, suburban communities, rural agriculture, industrial use, tourism and various forms of ecoservice and habitat for bio-diversity.
Many things associated with land and land use could be related to the idea that 1 hectare of undeveloped natural land equals 1000 (say) 		Open L0700-NC-FOSSIL-FUELS

Open L0700-NC-MINERAL-RESOURCES


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