According to law, if you damage a wetland in the US, you must restore a comparable piece of property in the same watershed. A 2008 regulatory rule says wetland credits from a mitigation bank should be your first option. Mitigation banks, however, say this isn’t happening, and they want the Army Corps of Engineers to tell them why. The Corps says it’s just trying to be flexible – and promises more transparency in the future.
29 September 2010 | In April, 2008, wetland scientist Rich Mogensen read “The Rule” and speculated that the number of wetland mitigation banks in the United States could triple from 500 then to 1500 right about now as a result of its issuance (read more here).
Officially titled the Compensatory Mitigation Rule for Losses of Aquatic Resources, the Rule was jointly issued by the US Environmental Protection Agency and the Army Corps of Engineers (USACE) (with a push from Congress), and it declared that anyone who damages a US wetland should look first to mitigation bankers to compensate for the damage before exploring other alternatives.
https://restorationsystems.com/wp-content/uploads/2015/10/RS-logo-6801.png 0 0 Swamp Merchant https://restorationsystems.com/wp-content/uploads/2015/10/RS-logo-6801.png Swamp Merchant2010-10-15 10:32:222018-10-06 02:37:39Ecosystem Marketplace: Mitigation Bankers Say Army Corps Not Following the Rule