Reed Watson, Brett Howell
Despite their ecological and economic importance, Florida’s coral reefs are teetering on the verge of collapse. Scientific studies point to the impact of effluent discharges from municipal storm and wastewater treatment facilities along the coast.
Todd Ben-Dor, a 2010 PERC Lone Mountain Fellow, examines the U.S. ecosystems services market that requires environmental restoration to offset aquatic resource damages. As the need for mitigation banking increases, he has studied forces affecting this growing market.