this post was submitted on 28 May 2024
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A live tree has no value in on our financial system.
Shade from street trees provides fairly straightforward financial benefit in reducing cooling costs.
Can also make an area more attractive, increase happiness and also improve road safety if strategically placed.
Trees prevent soil erosion, keep water clean, provide the basis for many beneficial insects and so forth and so on. They have a giant value in our financial system.
Ok, now put a monetary value to that
I‘d have to get my tables from work. It highly depends on the species, soil, size, location, age, natural area of the species and so forth. A decently sized oak at around 100-150 years old usually gets weighed in at around 2000€. Variation however is a given.
And who pays the 2000€? Is it an annual payment?
It’s an investment? Just like an office building or a company car?
A live tree has no immediate quarterly value in our financial system.