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Forest and rangeland owners value land for natural amenities and as financial investment
Author(s) -
Shasta Ferranto,
Lynn Huntsinger,
Christy Getz,
Gary Nakamura,
William Stewart,
Sabrina Drill,
Yana Valachovic,
Michael DeLasaux,
Maggi Kelly
Publication year - 2011
Publication title -
california agriculture
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.472
H-Index - 25
eISSN - 2160-8091
pISSN - 0008-0845
DOI - 10.3733/ca.v065n04p184
Subject(s) - business , easement , rangeland , ecosystem services , investment (military) , outreach , wildlife , natural resource economics , incentive , agroforestry , value (mathematics) , natural resource , agricultural economics , finance , ecosystem , economics , ecology , economic growth , machine learning , politics , political science , computer science , law , biology , microeconomics
Forty-two percent of California's forests and rangelands are privately owned (34 million acres). These lands provide important ecosystem services such as carbon sequestration, pollination and wildlife habitat, but little is known about the people who own and manage them. We surveyed forest and rangeland owners in California and found that these long-time landowners value their properties for their natural amenities and as a financial investment. Owners of large properties (500 or more acres) were significantly more likely to use their land for income production than owners of smaller properties, and they were also more likely to carry out or be interested in environmental improvements. Many forest and rangeland owners reported they had been previously approached to sell their land for development. Only about one-third had participated in conservation programs; few had conservation easements. This survey can help guide outreach and education efforts, and the development of information, policies, programs and financial incentives for landowners.

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