Abstract

http://ssrn.com/abstract=1743883
 


 



Conservation Easements at the Climate Change Crossroads


Jessica Owley


State University of New York (SUNY) at Buffalo - Law School

January 19, 2011

Law & Contemporary Problems, Vol. 74, p.199, 2011
Buffalo Legal Studies Research Paper No. 2011-012

Abstract:     
The essence of a conservation easement as a static perpetual restriction is coming to a head with the understanding that the world is a changing place. This demonstration is nowhere more dramatic than in the context of global climate change. In response to this conflict, users of conservation easements face the decision of either (1) changing conservation easement agreements to fit the landscape or (2) changing the landscape to fit the conservation easements. Both of these options present benefits and challenges in implementation. Where conservation easement holders’ ultimate goal is to keep a maximum number of acres under protection from development, flexible conservation easements may present a viable and attractive method of protection. Where a specific conservation value or habitat is the concern, active management of the land may be more appropriate. As a further complication, both of these options are at odds with the essential nature of conservation easements. These conflicts lead to a third option: making different decisions about where and how to use conservation easements. This would likely lead to the conclusion that conservation easements are only desirable in a narrower category of purposes. This is, of course, dismaying to champions of conservation easements. Unfortunately, ensuring the long-term viability of conservation easements may entail omitting the very features that give conservation easements their strength.

Number of Pages in PDF File: 30

Keywords: conservation easements, climate change, active management, perpetuity

JEL Classification: K11, K12, K32, L31, L33, Q15, Q2, Q3, R52

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Date posted: January 22, 2011 ; Last revised: July 1, 2013

Suggested Citation

Owley, Jessica, Conservation Easements at the Climate Change Crossroads (January 19, 2011). Law & Contemporary Problems, Vol. 74, p.199, 2011; Buffalo Legal Studies Research Paper No. 2011-012. Available at SSRN: http://ssrn.com/abstract=1743883

Contact Information

Jessica Owley (Contact Author)
State University of New York (SUNY) at Buffalo - Law School ( email )
School of Law
528 O'Brian Hall
Buffalo, NY 14260-1100
United States
716-645-8182 (Phone)
716-645-2064 (Fax)

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