Higher than expected
BU Experts, By Katherine Gianni
Estimated fair market value of all properties in the United States (3D visualization). Photo courtesy of Christoph Nolte, Boston University.
For decades, scientists have been warning about
potential future effects of global climate change, including more frequent
wildfires, longer periods of drought, and sharp increases in the number,
duration, and intensity of tropical storms.
And since the start of 2020, we’ve seen natural disasters in record-breaking numbers, from the wildfires that ravaged California and Colorado, to most consecutive days with temperatures skyrocketing over 100 degrees in places like Arizona.
Environmental concerns are continually creeping to a broader, national stage:
issues of climate change and conservation received
more attention during the first presidential debate on September 29, 2020 than
in any other presidential debate in history.
But when it comes to the topic of safeguarding the environment, Boston University Earth & Environment Assistant Professor Christoph Nolte is hardly a newcomer. He’s spent the majority of his academic career studying the effectiveness of conservation, asking key questions about where concerted efforts take place, and what difference they make for our world at large.
To inform future decisions about conservation policy, Assistant Professor Nolte has now created the first high-resolution map of land value in the United states — a tool he says will better estimate environmental conservation costs, inform policy recommendations, and help peer academics conduct their own research on rebuilding and protecting what’s left of our natural resources and the biodiversity within our ecosystems. We sat down with him to learn more.
You’ve created the first high-resolution map of U.S. land value. What spurred this research?
I was dissatisfied with the quality of cost data in conservation research. Land conservation decisions are about trade-offs. If we wish to keep forest carbon on the ground, species’ habitats intact, wetlands functional, or landscapes beautiful, conservation usually means that we also give up something: the benefits from alternative land uses.
Arguments in favor
of more conservation are widespread. For instance, Harvard University’s E.O.
Wilson suggests that 50% of the Earth should be protected. However, those
points are incomplete if they are not also explicit about what we should be
giving up where, who wins and who loses, and who gets to decide.
Ignoring costs can make us blind to the negative effects
of regulation, often borne by those without a voice. In the case of voluntary
conservation programs, ignoring cost can mean that we end up with a proposal,
but insufficient funding. If we want to make informed societal decisions about
conservation efforts, we need reliable, publicly accessible estimates of its
cost.
Unfortunately, it is difficult to get good data for conservation cost. Conservation organizations don’t freely share their financial records. Land prices can be good substitutes for data on conservation cost, but such data is valuable, sensitive, and unavailable to the public in most countries.
So when large-scale land price data in the United States became available to
academics for free for the first time, this created an exciting opportunity to
create the first high-resolution map of land value and see how well it would
predict conservation cost.
What
data did you use to generate this map?
There are many datasets behind this map. Perhaps the most important is a nationwide database of properties and their sales. This dataset came from Zillow, the real estate company, which obtains the data from public records and makes it available to academics and nonprofits.
In my research group, we developed a system that links this data to digital maps of property boundaries. This allows us to obtain detailed information on land characteristics: buildings, terrain, land cover, road access, water access, flood risk, local demographics, nearby amenities, and so on.
This data is fed
into a machine learning algorithm, which learns to predict sales prices from
its knowledge of the characteristics of each property. After the algorithm is
trained, I let it predict the sales prices of every property in the country.
The result is this map.
Correlations
between actual conservation cost (4128 land acquisitions) and eight different
cost proxies in the literature. “PLACES FMV” refers to the high-resolution land
value map. Photo courtesy of Christoph Nolte, Boston University.
What
does this map tell us about environmental conservation costs? Why is it
essential to have accurate land value data?
I found that most of the cost estimates that were used in the literature have underestimated the cost of conservation in the United States. This underestimation is particularly large near cities, where land values tend to be much higher than previous proxies suggested.
In other words,
it means that we will need substantially higher levels of funding than
previously assumed if we want to achieve certain environmental goals, such as
protecting all floodplains from development or protecting species habitat in
the face of climate change.
How
can your research help to educate policymakers on future conservation plans and
priorities? Why is this important?
I believe that it is good to be realistic about what a given level of funding can achieve. For instance, in August, congress passed the Great American Outdoors Act, a historic bipartisan bill that makes $4.5 billion dollars of federal funding available for land protection.
If previous
estimates of conservation cost were correct, this budget could help reach us
proposed habitat protection needs for all species in the U.S. However, the new
cost data suggests that even such an unprecedented budget covers merely 5% of
what is actually needed. That’s a big difference!
More accurate cost data can also change recommendations
about where conservation investments should go. When I reproduced recent work,
about one quarter of the sites recommended for species protection shifted from
one location to another, for instance, from expensive Long Island to slightly
less expensive Southeastern Massachusetts. While this result should be taken
with a grain of salt, it shows that the quality of cost data matters. The good
news is that the cost map is now published, so anyone can incorporate it in
their analyses and revisit their earlier findings.
How
can people best use this data when thinking about environmental conservation as
it relates to their day to day lives?
Data on the cost of conservation helps us be real about the actual magnitude and severity of the conservation problem we are facing as a society. Many of us feel positively about the benefits that conserved lands provide.
However, not all of us are willing to make sacrifices to protect these
lands, whether it is by reducing our own ecological footprints, or by voting in
favor of local land use regulations or measures that increase taxes to fund
conservation. In the midst of this, we are exposed to advertising that suggests
that we can cheaply “offset” our effects on the environment — for instance,
that we can become “carbon-neutral” for a few dollars by purchasing carbon
offsets when we fly.
A closer look at many cheap offsetting schemes suggests that they don’t actually reduce emission by very much. But their existence has the side-effect that we are getting our hopes up that there might be a cheap way to get around the conservation problem. In reality, win-win situations are rare, and trade-offs are real.
This might be difficult to accept, but we should
not ignore it, even if we so desperately want to feel good about our own levels
of consumption.
Despite
costs being much higher than originally estimated, why is conservation still
such an important investment?
Answers to this question have two dimensions: science and values. Science helps us understand the consequences of our actions. If we want to mitigate climate change, we need to reduce greenhouse gas emissions. Land conservation can help, for instance, by conserving forests and wetlands, reducing urban sprawl, or increasing opportunities for local recreation.
If we
want to prevent species extinctions, we need to protect and restore threatened
habitat, conserve lands in climate refugia, and build ecological corridors, so
species can move as temperatures rise. And if we want to avoid damages from
flooding, we should protect more floodplains from development.
Science tells us about the consequences of our actions, but it doesn’t tell us what to do. The more difficult question is how much we, as individuals and as a society, care about these outcomes, and what we are willing to give up for them. There are 8 billion of us. What each of us cares about is shaped by our diverse beliefs and morals, our upbringing, the people in our lives, the media we consume, the things we enjoy doing, etc.
Given my
affiliation, it probably won’t be a surprise that I feel positively about
policies that reduce our collective human footprint, but it is unwise to
elevate anyone’s individual worldview to a standard. Instead, I think what it
is desirable to have a broader societal conservation of well-informed citizens
that make those decisions together. My job, alongside that of thousands of
other colleagues, is to provide the tools that can help us gain clarity about
what’s at stake.
Are
there any other surprising findings? Could this data have other applications in
areas outside of conservation (for example, real estate)?
I was surprised by the predictive power of the algorithm. As a validation step, I tested whether estimated land values could predict the actual cost of more than 4,000 public land acquisitions for conservation that were distributed all over the country.
I expected that the predictions would outperform the proxies used in earlier studies, which they did. But to my surprise, the predictions even outperformed the estimates of tax assessors. Tax assessors are tasked with estimating the value of all properties in a given jurisdiction for taxation purposes, and part of that process often involves estimating the “fair market value” of each property.
Because assessors
work locally and know their area much better than a national dataset does, I
would have expected their estimates to vastly outperform mine. However,
instead, I found that mine were 29% more accurate. This does raise the question
of why these differences exist and opens up new interesting avenues for
scrutinizing existing methods for property taxation.
In
your opinion, what is the single most important conservation issue facing the
world today?
It would be difficult to answer this question without pointing towards climate change. It affects everything else that we think about in conservation. If we don’t stop climate change, conserving species where they are today won’t conserve them in the future. Future flooding and sea level rise will be a lot less manageable.
And we worry a lot more about the conservation
of forests and wetlands today because we know that their loss fuels this fire.
At a project level, if you want to persuade people that conservation is a good
idea, talking about rare or interesting species, beautiful landscapes, and
recreational opportunities might get you more traction. But many of those
efforts might be a drop in the bucket if we don’t address this massive elephant
in the room.
Estimated fair market value of all properties in the United States. Photo courtesy Christoph Nolte, Boston University.
What
do you hope people take away from this project? What are you planning to
research next?
For me, for my students, and for colleagues at universities all over the country, the synthesis of this rich database has created novel opportunities for empirical research that were unthinkable just a few years ago. We currently support research on the economic risks from flooding, oil spills and hazardous waste, the economic impacts of land regulations, the benefits of water quality and priorities for emissions reduction from forest protection.
My own curiosity has mostly to do with
projects that help people protect the places and species they love: identifying
opportunities for protection, scrutinizing the effectiveness of existing
programs, and reducing the informational barriers to get conservation done. It
is an exciting time to do this research, and I’m glad that so many fantastic
colleagues around the country are interested in advancing the frontiers of
knowledge together.
For additional commentary by Boston University experts,
follow us on Twitter at @BUexperts. Follow Professor
Nolte on Twitter @Christoph_Nolte.
For research news and updates from BU’s Department of Earth & Environment,
follow @BUEarth.