Rush to Preserve

New tax breaks are creating a boom in conservation efforts

About a decade ago, an East Coast investment banker offered Rick Berg millions of dollars to buy his scenic cattle ranch — thousands of acres of prairie, timbered hills, big-game habitat, and a river bottom set between two mountain ranges in central Montana.

The offer was tempting, Mr. Berg recalls, but he turned it down, resolving then to hold on to the ranch and preserve intact the land his great-grandfather

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