Green Wealth How to Turn Unusable Land into Moneymaking Assets

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Green Wealth How to Turn Unusable Land into Moneymaking Assets | 2.3 MB

Title: Green Wealth
Author: Kevin F. Noon
Category: Business & Finance, Entrepreneurship & Small Business, New Business Enterprises, Human Resources & Personnel Management, Skills, Entrepreneurship
Language: English | 29 Pages | ISBN: 075700282X


Description:
Only a fraction of this country's land can be farmed or developed. What happens to the land that is not economically viable? Until a few years ago, the value of such property would have remained flat, with little prospect of appreciating. Today, however, the Federal government has created a huge incentive to turn this land into moneymaking assets. Green Wealth explains how newly enacted laws can benefit those who invest in environmentally reconstituted land development.
The Feds, along with many state governments, now allow for the creation of individual environmental "banks," which are established by converting unproductive property into new wetlands, endangered species reserves, water storage reservoirs, and a host of other types of environmentally protected land. Credits are then issued to the landowners-credits that can be sold to developers seeking to build on previously protected properties. As building continues in one place, new...

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