Command and control regulations like the Endangered Species Act, with their severe restrictions on private land use, often encourage illegal habitat destruction.  And it’s for this reason, according to the Center for Private Conservation, that a number of foreign nations are relying more and more on property ownership where landowners have an incentive to practice good conservation.  In England, for example, wildlife often belongs to property owners, who are usually compensated for modifying their land to enhance habitat.  In Australia, wildlife sanctuaries are listed on the Australian stock exchange to receive financial support. And in South Africa, private game preserves provide some of the best habitat for many important species like elephants.

Author