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Farm Business
Tenant Farming, Subsidies, BPS & Legal Issues
Biodiversity offsetting - Anyone done it?
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<blockquote data-quote="Coximus" data-source="post: 8151655" data-attributes="member: 12800"><p>Yes, insane amounts because it enables them to push through housing fast - Just been to see a 300ac dairy purchased for offesetting, the whole lot paid at 35k an acre to buy, fenced off and to be left for rewilding.</p><p>House and barns being demolished- Insane and heart breaking, an area of yorkshire where land was 6-7k an acre 2 years ago, same business aims to buy 2000 acres a year. But 1 acre enables around 35 houses to offset the "biodiversity loss" or create even more valuable "net gain". This is then sold to developers at 10k a house or their abouts, making 200k profit for the middleman. On a 550k house costing 140k to build the cost is nothing.</p></blockquote><p></p>
[QUOTE="Coximus, post: 8151655, member: 12800"] Yes, insane amounts because it enables them to push through housing fast - Just been to see a 300ac dairy purchased for offesetting, the whole lot paid at 35k an acre to buy, fenced off and to be left for rewilding. House and barns being demolished- Insane and heart breaking, an area of yorkshire where land was 6-7k an acre 2 years ago, same business aims to buy 2000 acres a year. But 1 acre enables around 35 houses to offset the "biodiversity loss" or create even more valuable "net gain". This is then sold to developers at 10k a house or their abouts, making 200k profit for the middleman. On a 550k house costing 140k to build the cost is nothing. [/QUOTE]
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Biodiversity offsetting - Anyone done it?
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