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Maybe it's just me, but wouldn't this just make ivory harder to get, therefore causing an increase in poaching live elephants instead of reducing it?
That's a thought. But the thing is, unless it's on the black market it's not worth much because reputable dealers (and hopefully buyers) would have nothing to do with it. The above is mostly speculation on my part.
Maybe they could sell it to better fund protective measures for the elephants that are left. Museums or universities might be able to putput it to use.
I just think something more productive could have been done. But I don't have any answers.