1973 Endangered Species Act Research Topic
Date: April 4, 2013
The Endangered Species Act of 1973 provides a program for the conservation of threatened and endangered plants and animals and the habitats in which they are found and deals with the perseveration of wildlife which is threatened with extinction. The U.S Fish and Wildlife services is the government agency entrusted with the enforcement of it provision.
Also ensure that actions they authorize, fund, or carry out are not likely to jeopardize the continued existence of any listed species or result in the destruction or adverse modification of designated critical habitat of such species. The law also prohibits any action that causes a …show more content…
The best measure of economic loss is opportunity cost-the foregone opportunities due to restrictions on the use of property due to listings, designation of critical habitat, and recovery plans. Opportunity costs include the reduced economic profit from restricted or altered development projects including agriculture production, timber harvesting, minerals extraction, and recreation activities; wages lost by displaced workers who remain unemployed or who are re-employed at lower pay; lower consumer surplus due to higher prices; and lower county property and severance tax revenue. Currently, there is no national estimate of the difference in actual economic growth with the ESA and potential economic growth without the ESA.
Cost is one of the main reasons