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Economist: FREE lunches, economists insist, are rare. In one sense--related to the opportunity cost of sitting down to eat when you could be doing something more productive--they are right. In another, though, complimentary feasts are rather common. As are free clean water, fuel, air-conditioning, pest control and pretty views. All these are “ecosystem services”, provided by nature to mankind at no cost.
Push nature too hard, though, and this generosity may end. A new paper by John Dearing, of the University......
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Ecosystem services: Pricing nature’s freebies
Posted by Washington Post: Juliet Eilperin on July 12th, 2012
Posted in Water Conservation