Should we try to put a price on birdsong? A £1.6m investment by Dragon Capital & @UniofExeter will explore how economics can help protect the #environment by placing economic values on #biodiversity, creating Chair in Biodiversity Economics Professorship phys.org/wire-news/323662678…

Jul 15, 2019 · 7:36 AM UTC

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I think we should not try to commercialize biodiversity in this manner. It will have the same effect as commercialization of carbon emissions. Valuation should be in the framework of contribution of nature to human well being only in non-economic terms.
A traditional economic answer would be, to make the price infinite if the (public) good is deemed more valuable than money can buy/ ruin. Prohibition of killing the song would be the regulatory alternative, with the price being the size of the (monetary and/or alternate) penalty.