Economic Issues and Valuation Concepts for Natural Resource Damages and an Analysis of Washington's Assessment Procedures

Economic Issues and Valuation Concepts for Natural Resource Damages and an Analysis of Washington's Assessment Procedures PDF Author: Jonathan Rubin
Publisher:
ISBN:
Category : Damages
Languages : en
Pages : 58

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Economic Issues and Valuation Concepts for Natural Resource Damages and an Analysis of Washington's Assessment Procedures

Economic Issues and Valuation Concepts for Natural Resource Damages and an Analysis of Washington's Assessment Procedures PDF Author: Jonathan Rubin
Publisher:
ISBN:
Category : Damages
Languages : en
Pages : 58

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Book Description


Natural Resource Damages

Natural Resource Damages PDF Author: Preston, Thorgrimson, Shidler, Gates & Ellis
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 260

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Book Description
This manual outlines the legal and regulatory framework surrounding natural resource damages claims. It provides comprehensive chapters on the common law origins of natural resource damage claims, statutory natural resource damage claims under federal law, CERCLA damage assessment regulations, and economic methodologies for valuing natural resource damages.

Description and Analysis of Alaska's Formula to Assess Civil Penalties and Applications of this Formula to the Port Angeles and Anacortes Oil Spills

Description and Analysis of Alaska's Formula to Assess Civil Penalties and Applications of this Formula to the Port Angeles and Anacortes Oil Spills PDF Author: Jonathan Rubin (theorbist.)
Publisher:
ISBN:
Category : Liability for oil pollution damages
Languages : en
Pages : 40

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Proceedings

Proceedings PDF Author:
Publisher:
ISBN:
Category : Oil pollution of rivers, harbors, etc
Languages : en
Pages : 624

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Valuing Environmental Preferences

Valuing Environmental Preferences PDF Author: Ian J. Bateman
Publisher: OUP Oxford
ISBN: 0191530298
Category : Business & Economics
Languages : en
Pages : 668

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Book Description
Just as individuals have preferences regarding the various goods and services they purchase every day, so they also hold preferences regrding public goods such as hose provided by the naural environment. However, unlike provate goods, environmental goods often cannot be valued by direct reference o any market price. Thsi amkes economic analysis of the costs and benefits of environmental change problematic. Over the past few decades a number of methods have developed to address this problem by attempting to value environmental preferences. Principal among hese has been the contingent valuation (CV) method which uses surveys to ask individuals how much they would be willing to pay or willing to accept in compensation for gains and losses of environmental goods. The period from the mid-1980s to the present day has seen a m,assive expansion in use of the CV method. From its originalroots int eh USA, through Europe and the developed world, the method has now reached worldwide application with a substantial proportion of current studies being undertaken in developing countries where environmental services are often the dominating determinant of everyday living standards. The method has simultaneously moved from the realm of pure academic speculation into the sphere of instiutional decision analysis. However, the past decade also witness a developing critique of the CV method with a number of commentators questioning the underlying validity of its dervied valuations. This volume, therefore, reflects a time of heated debate, as wellas from commentators who see it as an interesting experimental tool regardless of the question of absolute validity of estimates. The book embraces the theoritical, methodologicl, empirical, and institutional aspects of the current debate. It covers US, European , and developing country applications, and the institutional frameworks within which CV studies are applied.

Spill: Final report

Spill: Final report PDF Author: Alaska Oil Spill Commission
Publisher:
ISBN:
Category : Oil spills
Languages : en
Pages : 252

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Washington's Compensation Recovery Mechanisms for Aquatic Resource Damages from Pollutant Spills

Washington's Compensation Recovery Mechanisms for Aquatic Resource Damages from Pollutant Spills PDF Author: Laura L. Geselbracht
Publisher:
ISBN:
Category : Damages
Languages : en
Pages : 84

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The Stated Preference Approach to Environmental Valuation, Volumes I, II and III

The Stated Preference Approach to Environmental Valuation, Volumes I, II and III PDF Author: Richard T. Carson
Publisher: Routledge
ISBN: 1351881574
Category : Science
Languages : en
Pages : 1880

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Book Description
There is a truly enormous literature on using stated preference information to place a monetary value on environmental amenities. This three volume set provides the key papers for understanding the historical development of contingent valuation, its theoretical and statistical foundations, and the major controversies. It also contains representative papers covering all of the major application areas in environmental valuation.

Approaches for Ecosystem Services Valuation for the Gulf of Mexico After the Deepwater Horizon Oil Spill

Approaches for Ecosystem Services Valuation for the Gulf of Mexico After the Deepwater Horizon Oil Spill PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309211794
Category : Science
Languages : en
Pages : 162

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Book Description
On April 20, 2010, the Deepwater Horizon platform drilling the Macondo well in Mississippi Canyon Block 252 (DWH) exploded, killing 11 workers and injuring another 17. The DWH oil spill resulted in nearly 5 million barrels (approximately 200 million gallons) of crude oil spilling into the Gulf of Mexico (GoM). The full impacts of the spill on the GoM and the people who live and work there are unknown but expected to be considerable, and will be expressed over years to decades. In the short term, up to 80,000 square miles of the U.S. Exclusive Economic Zone (EEZ) were closed to fishing, resulting in loss of food, jobs and recreation. The DWH oil spill immediately triggered a process under the U.S. Oil Pollution Act of 1990 (OPA) to determine the extent and severity of the "injury" (defined as an observable or measurable adverse change in a natural resource or impairment of a natural resource service) to the public trust, known as the Natural Resources Damage Assessment (NRDA). The assessment, undertaken by the trustees (designated technical experts who act on behalf of the public and who are tasked with assessing the nature and extent of site-related contamination and impacts), requires: (1) quantifying the extent of damage; (2) developing, implementing, and monitoring restoration plans; and (3) seeking compensation for the costs of assessment and restoration from those deemed responsible for the injury. This interim report provides options for expanding the current effort to include the analysis of ecosystem services to help address the unprecedented scale of this spill in U.S. waters and the challenges it presents to those charged with undertaking the damage assessment.

Valuing Ecosystem Services

Valuing Ecosystem Services PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 030909318X
Category : Science
Languages : en
Pages : 291

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Book Description
Nutrient recycling, habitat for plants and animals, flood control, and water supply are among the many beneficial services provided by aquatic ecosystems. In making decisions about human activities, such as draining a wetland for a housing development, it is essential to consider both the value of the development and the value of the ecosystem services that could be lost. Despite a growing recognition of the importance of ecosystem services, their value is often overlooked in environmental decision-making. This report identifies methods for assigning economic value to ecosystem servicesâ€"even intangible onesâ€"and calls for greater collaboration between ecologists and economists in such efforts.