Environmental
Florida's 'Mitigation Banking' program allows developers to offset impacts to wetlands by:
APaying a fee to the state instead of obtaining a permit
BPurchasing credits from a mitigation bank that has already created, restored, or preserved wetlands elsewhere✓ Correct
CCreating their own wetlands on-site exclusively
DAvoiding the mitigation requirement through political connections
Explanation
Mitigation banking allows developers to offset wetland impacts (required under Section 404/state ERP permits) by purchasing credits from an approved mitigation bank that has already created or enhanced wetlands, providing advance mitigation that may offer ecological advantages.
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