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ISBN: 0-7570-0282-X
Length: 344 Pages
Size: 6 X
9-inch
Format: Quality Paperback
Category: Real Estate / Environment
Price: $18.95
US
Availability:
In Print
Contents
Reviews
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Real estate may be hot, but the truth is that
only a fraction of this country's land is useable. What happens
to the land that is not fit for development? Until a few years ago,
the value of such property would have remained flat, with little
prospect of appreciating. Today, however, the Federal government
has created a huge incentive to turn this land into moneymaking
assets. This is the focus of Green Wealth. Written by two
leading experts, this book is the first to explain how newly enacted
laws can benefit those who invest in environmentally reconstituted
land development.
As construction on valuable acreage has burgeoned
over the last few decades, many environmentally sensitive properties
and their resourceshave been destroyed. Laws enacted to protect
the land and resources have been difficult to implement. As a viable
solution, the Feds, along with many state governments, now allow
for the creation of individual environmental "banks." These banks
are established by converting useless property into one of several
types of environmentally protected land. Environmental credits are
then issued to the landowners--credits that can be sold to developers
who seek to build on previously protected properties. As building
continues in one place, new environmentally sound acreage is created
in another.
By creating new wetlands, endangered species
reserves, waterstorage reservoirs, carbon dioxide exchange forests,
and a host of other environmental banks, you can now perform an
environmentally responsible service and make a highly profitable
investment at the same time.
Kevin
F. Noon, PhD, received his doctorate from Texas A&M University,
specializing in wetlands. For twenty-five years, he has been involved
in land development and wetland mitigation policy development.Currently,
he is chairman and cofounder of Critical Habitats, Inc., a land
development and consulting company that specializes in environmental
banking.
Judith
A. Ward, ASLA, received her master's degree in landscape
architecture from the University of Michigan. A professional landscape
architect with over twenty years of experience, Ms.Ward is now president
and cofounder of Critical Habitats, Inc.
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