1. Buying and Selling Ecological Services: A Proposal for the Texas Gulf Coast Jim Blackburn SSPEED Center Rice University Work Supported by Grants From Houston Endowment and National Fish and Wildlife Foundation

2. 2 Hurricane Ike Chinese FY1-D MVISR September 12, 2008 at 6:18 PM CDT Category 2 $24 billion in damages 4th costliest in U.S. History 112 deaths 2.6 million lost power Hurricane Ike

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4. CEQ’s Proposed National Objectives, Principles, and Standards for Water and Related Resources Implementation Studies Protect and restore natural ecosystems and the environment while encouraging sustainable economic development. Avoid unwise use of floodplains, flood-prone areas and other ecologically valuable areas. Give “full and equal treatment to nonstructural approaches.”

5. MSAL LA Mississippi Coastal Improvements Program After Katrina Dr. Susan Rees, Mobile District: “Unlikely to See a Totally Structural Hurricane Abatement Implemented in Today’s Funding and Evaluation Climate”

6. The Federal Debt Reaches Historical High CBO forecast - end of 2010, federal debt will be 62% of GDP.

7. Original Landfall GIS UT Dr. Clint Dawson

8. 8 Ike Surge Flowing Back Into Gulf 4 Days After Landfall – Excellent Flood Storage Photo: Bryan Carlile

9. Galveston Bay Coastal Protection System

10. Possible Economic Concepts For Non-structural Mitigation 1.Recreation/Eco-Tourism 2. Natural Resource Value Trading Concept

11. 11 Day Recreation Usage Development of “Backside” of Peninsula

12. Proposed Lone Star Coastal National Recreation Area

13. Possible Economic Concepts For Non-structural Mitigation 1.Recreation/Eco-Tourism 2. Natural Resource Value Trading Concept

15. 100-Year Storm Surge Levels Slide Courtesy Hal Needham, Louisiana State University

17. Spartina Alterniflora and Other Coastal Wetland Plants Define Resiliency – Learn From It Embrace It Emulate It Develop Resilient Economy

18. Natural Resource Value Trading System Based on Experience in Regulatory-Based Systems Corps of Engineers Wetland Mitigation Banks U.S.F.W.S. Endangered Species Offset Concepts 303(d) Water Quality Programs for Nutrients and Temperature in Chesapeake Bay and Willamette Valley Emerging Carbon Markets

19. Trading Platform Sellers Buyers Conceptual Natural Resource Value Trading System Flood Storage Conservation of Existing Habitat Neo-tropical Migrant Habitat Creation Coastal Wetland Creation/Migration Migratory Waterfowl Habitat Creation Prairie Habitat Creation Forest Lands Habitat Creation Carbon Sequestration Endangered Species Habitat $

22. Potential Buyers Flood Control – U.S. Army Corps Non Structural – FEMA “Value Proposition” Philanthropic – USFWF (BP $) – Private Foundations Corporate – Zero Footprint Initiatives – Carbon Offsets – Other Mitigation Ecological Gift Market

23. Potential Sellers Private Landowner – Flood Storage At Key Elevations Private Landowner – Carbon Farmer Private Landowner – Wetland Habitat Owner and/or Creator Private Landowner – Prairie Habitat Owner and/or Creator Private Landowner – Neotropical Habitat Owner and/or Creator Private Landowner - Forest Habitat Owner and/or Creator

24. Contact Me jbb@blackburncarter.com blackbur@rice.edu