…An analysis of the potential impacts, on the southern New Mexican economy, of naming Otero Mesa National Monument was done recently by Headwaters Economics, an independent, non-profit research group.
“The short answer is that repeated academic studies have shown that investments in public lands conservation and restoration provide an immediate return through new employment and revenue,” says author Ben Alexander. The study cites the Economic Research Service of the U.S. Department of Agriculture, which recently found that “recreation and tourism development contributes to rural well-being, increasing local employment, wage levels, and income, reducing poverty, and improving education and health.”
Unlike the small-scale, short-term benefits of resource extraction that would be expected for Otero Mesa residents, protected public lands also help to promote long-term economic growth, says the Headwaters study, “because of their ability to attract and retain people, entrepreneurs, and the growing number of retirees who locate for quality of life reasons.” Published research also shows that natural amenities help sustain property values and attract new investment.
While a national monument designation “would not harm agricultural uses or military employment” in the area, says the study, passing up an opportunity to diversify the economy of southern New Mexico and to boost its long-term resiliency by protecting its unique desert grasslands could be a bad move. “Looking at mineral wealth, the [BLM’s] analysis showed little reason to believe that the local economy would benefit from projected fossil fuel extraction on Otero Mesa–and that the limited revenue from mineral extraction might not even cover the share of infrastructure and service costs,” says Alexander.…