Land Use Ordinances & Development Standards
Acquisition of Land & Easements
Case for Conservation
Economic Benefits of Conservation
- Economic Benefits of Conservation
This article explores conservation easement drafting strategies responsive to global warming and climate change. It proposes the development of an "Ark" easement, which unlike traditional, perpetual easements, would be terminable by the holder without resort to a judicial proceeding if global warming caused changes render the conservation purposes of the easement impossible or impractical. For this strategy to succeed, however, the easement holder must be able to recover the full, appreciated value of the development rights and redeploy them to further the social good of land and resource conservation.
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Item type(s): Law Journal Articles
Topic tags: Conservation Easements
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Last modified Nov 11, 2010