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"No Net loss" is the United States government's overall policy goal regarding wetlands preservation. The goal of the policy is to balance wetland loss due to economic development with wetlands reclamation, mitigation, and restorations efforts, so that the total acreage of wetlands in the country does not decrease, but remains constant or increases.
It supported off-site wetland mitigation in which a permittee purchases mitigation credits from a third-party mitigation bank. This entity, private, governmental, or non-governmental, promotes the no-net-loss policy by restoring or creating an area of wetland into a mitigation bank and selling compensatory mitigation credits to permittees.
"No net loss" is defined by the International Finance Corporation as "the point at which the project-related impacts on biodiversity are balanced by measures taken to avoid and minimize the project's impacts, to understand on site restoration and finally to offset significant residual impacts, if any, on an appropriate geographic scale (e.g local, landscape-level, national, regional)."
In early 2010, Lake Powell's owners submitted an application to turn the former lake into a wetlands mitigation bank, [6] credits from which could be sold to developers for up to $25,000 per acre. The plan caused immediate opposition from lake shore property owners who wanted the lake restored.
There are a number of government agencies in the United States that are in some way concerned with the protection of wetlands. The top five are the Army Corps of Engineers (ACoE), Natural Resources Conservation Service (NRCS), Fish and Wildlife Service (FWS), National Oceanic and Atmospheric Administration (NOAA), and the Environmental Protection Agency (EPA). [5]
Donald Trump derailed his 2020 election subversion indictments by winning back the White House, but dozens of his allies still face state criminal prosecutions that he, even as president, can’t ...
In the United States, compensatory mitigation is a commonly used form of environmental mitigation and, for some projects, it is legally required under the Clean Water Act 1972. Compensatory mitigation is defined by the US Department of Agriculture as "measures to restore, create, enhance, and preserve wetlands to offset unavoidable adverse ...
Jabbar, a U.S. citizen who lived in Texas and was an Army veteran, carried an ISIS flag on the trailer hitch of the truck, which appeared to be rented, the FBI said.