Common use of Expected Conservation Benefits Clause in Contracts

Expected Conservation Benefits. A) Overview and Relationship to the Range-Wide Plan 1) Concentrate limited resources for species conservation in the most important areas, allowing for the restoration, enhancement, and maintenance of large blocks of habitat needed by LEPCs. 2) Identify areas where development should be avoided, which also helps identify areas where development is of less concern for LEPC. This provides oil and gas operators with the guidance they typically seek for their development planning purposes, and helps avoid conflicts over impacts to the species. This CCAA is intended to align with and complement the RWP and provide operators with certainty as to how oil and gas exploration and development may continue in the event the LEPC is listed. The CCAA provides incentives for oil and gas operators to avoid, minimize, and mitigate impacts to LEPCs from their actions while providing oil and gas operators assurances regarding the effect, if any, that listing would have on their operations and development. Where avoidance and minimization of such impacts is not possible, the framework described in Appendix A of this CCAA and Exhibit 2 of the CI quantifies the impacts of development, quantifies the amount of mitigation necessary to offset the impacts, and then values these offsets. Participants contribute funds to WAFWA for the value of offsets, and WAFWA uses these funds to improve LEPC habitat on private and state-owned lands.

Expected Conservation Benefits. A) Overview and Relationship to the Range-Wide Plan 1) Concentrate limited resources for species conservation in the most important areas, allowing for the restoration, enhancement, and maintenance of large blocks of habitat needed by LEPCs. 2) Identify areas where development should be avoided, which also helps identify areas where development is of less concern for LEPC. This provides oil and gas operators with the guidance they typically seek for their development planning purposes, and helps avoid conflicts over impacts to the species. This CCAA is intended to align with and complement the RWP and provide operators with certainty as to how oil and gas exploration and development may continue in the event the LEPC is listed. The CCAA provides incentives for oil and gas operators to avoid, minimize, and mitigate impacts to LEPCs from their actions while providing oil and gas operators assurances regarding the effect, if any, that listing would have on their operations and development. Where avoidance and minimization of such impacts is not possible, the framework described in Appendix A of this CCAA and Exhibit 2 B of the CI quantifies the impacts of development, quantifies the amount of mitigation necessary to offset the impacts, and then values these offsets. Participants contribute funds to WAFWA for the value of offsets, and WAFWA uses these funds to improve LEPC habitat on private and state-owned lands.