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Distributed for University of British Columbia Press

The Wealth of Forests

Markets, Regulation, and Sustainable Forestry

Industrial forestry in North America is at a crossroads. A broad consensus has emerged that both the practice and theory of forestry must change in order to achieve sustainability. This book is a pioneering attempt to consider the concrete policy implications of the much discussed transition to sustainable forestry. It integrates two distinct academic literatures: one that seeks to define and identify ways to implement sustainable forestry, and another that focuses on the relative merits of regulatory and market instruments for promoting environmental values.

408 pages


Table of Contents

Introduction / Chris Tollefson

1. Economic Instruments for Promoting Sustainable Forestry: Opportunities and Constraints / Peter H. Pearse

2. Governing Instruments for Forest Policy in British Columbia: A Positive and Normative Analysis / W.T. Stanbury and Ilan B. Vertinsky

3. Compliance and Constraint: Economic Instruments for Achieving Objectives of Public Forest Policy in British Columbia / David Haley and Martin K. Luckert

4. Living Communities in a Living Forest: Towards an Ecosystem-Based Structure of Local Tenure and Management / Michael M’Gonigle and Brian L. Scarfe

5. Sustainable Practices? An Analysis of BC’s Forest Practices Code / Tracey L. Cook

6. Priority-Use Zoning: Sustainable Solution or Symbolic Politics? / Jeremy Rayner

7. Sustained Yield: Why has it Failed to Achieve Sustainability? / Lois Dellert

8. The Pitfalls and Potential of Eco-Certification as a Market Incentive for Sustainable Forest Management / Fred Gale and Cheri Burda

9. Regulation, Takings, Compensation, and the Environment: An Economic Perspective / David Cohen and Brian Radnoff

10. Ecoforestry Bound: How International Trade Agreements Constrain the Adoption of An Ecosystem-Based Approach to Forest Management / Fred Gale

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