Bay Nature cover summer 2026 - a drone shot of a wetland
A view of the recently restored Lookout Slough, in the Delta. Photo by Andrew Nixon / California Department of Water Resources

How much is nature worth—specifically?

In this issue, we look at the multibillion-dollar business that has quietly grown up around that question. We cover the growing pains of a Bay Area tech startup that is both a way of life and a global biodiversity database: iNaturalist. We attend a community funeral for a tree. We envelop ourselves in the science of No-Sky July—or is it Fogust? Plus: summer’s subtle soundtrack, the geology under climbers, what and where AI costs us, and ancient pelicans. And, unable to resist, we look into many, many holes.

THE BUSINESS OF CONSERVATION

Price-Tagging Nature

Inside mitigation banking, a multibillion-dollar industry where restoring and preserving rare habitat and species makes big money.

EXPLORE

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Explore the full archive: a quarter century of Bay Nature.