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The True Cost of a NYC Tree06-18-07 | News
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The True Cost of a NYC Tree




Can you put a price on a tree? Apparently you can. And it?EUR??,,????'?????<

For the first time, the NYC Parks and Recreation Department has calculated the cost and benefit of the city?EUR??,,????'?????<

Of the 592,130 trees counted (not including the 4.5 million trees in parks and private property) the study concluded that the city receives $5.60 in benefits for every dollar spent on trees. The program analyzed several factors, including impact on property values, contribution to cleaning air through carbon dioxide absorption, water drainage, and energy conservation through shade. Some other results that were found were that trees in lower-density areas are generally more valuable than those in high-density areas because they provide the greatest environmental benefits. Trees with large leaves, like maple trees, are more valuable because they provide more shade and absorb more carbon dioxide. Dr. Greg McPherson, lead designer of the Stratus program and director of the Forest Service?EUR??,,????'?????<

Source: New York Times

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