Valuing Wild Salmon and Steelhead Recovery in Oregon's Most Urbanized Watershed
We estimate the public benefits associated with conservation of wild salmon and steelhead in the Willamette basin of Western Oregon. Upper Willamette Spring Chinook and Winter Steelhead are the two historically native anadromous salmonids found in the basin above the Willamette Falls. Both are currently listed as Threatened under the Endangered Species Act. Using choice experiment survey methodology, we examine Oregonians' willingness-to-pay higher taxes to support different recovered fish populations, at different recovery timelines. We estimate substantial non-market benefits of up to $469 million per year associated with increasing fish populations from 20,000 returns per year to 70,000. According to a recent recovery plan, this increase would reduce extinction risk to a level that would allow de-listing. The public appears to apply an extremely low discount rate to future recovery benefits, implying support for multidecadal conservation efforts to reach a recovery goal. We also find evidence that the public would likely support reducing hatchery salmon and steelhead releases currently providing increased angler opportunities, if this were required for recovery. Our results can be used by policymakers to gauge public support for various policies and watershed programs designed to improve salmon and steelhead conditions.