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Did you know that there are three times more wild horses and burros on the public landscape than the range can sustain? Beautiful as they are, these animals are degrading the range and they compete for water and forage with other wildlife. The result of too many horses on too little range is that many horses are facing starvation.
To reduce the degradation, some wild horses and burros are taken off the range and put in federally run holding facilities. Housing the horses and burros cost taxpayers $50 million annually. This is not a sustainable solution.
In 2016, PERC researchers came up with the market-based idea of an incentive payment program. Based on this research, the BLM began paying $1,000 for horse or burro adoptions last March to help cover the expenses associated with caring for them.
The wild horse and burro program has already seen a 62% increase in adoptions and is saving taxpayers money. This is a great step to improve wild horse and burro management. It also reduces the taxpayer burden and provides more animals with good homes.
PERC's latest video in our Markets for Conservation series shares this story and demonstrates how getting the incentives right is key to finding lasting, sustainable solutions to our conservation challenges.