I would like to add that we should be looking at an absolute no net loss of wetland type regulation and/or policy with a mitigation sequence that requires avoid, minimize, and then mitigate the loss, fully recognizing that you are not going to be able to stop all wetland loss. There is a need for development, and there will continue to be, but with an adequate sequence that requires you to work towards the no net loss, and in many places a restoration that provides for a net gain.
On May 28th, 2013. See this statement in context.