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Valuing Natural Assets

Author: Raymond J. Kopp
Publisher: Routledge
ISBN: 1135889422
Size: 59.50 MB
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Assessing natural resource damages often requires the use of nonmarket valuation techniques that were developed for use in benefit-cost analyses. Natural resource damage assessment dramatically changes the context for applying them. Two aspects of this context are especially important. First, damages are to be measured by the monetary value of the losses people experience, including their use and nonuse values, because of injuries to natural resources---a process requiring careful delineation of how the injuries connect to the resource's services. Second, a single identified entry---not generalized, anonymous taxpayers---must pay damages based on what is measured, and evaluations of the measurement techniques take place not in agency meeting rooms but in courtrooms. Contributors to Valuing Natural Assets examine the ways in which requirements for damage assessment change how the measures are used, presented, received, and defended. Drawing upon their personal involvement with the process and the research issues it has raised---both in providing analysis for defendants or plaintiffs in damage assessment cases and in writing for academic journals---their chapters reflect individual research programs that temper the rigorous demands of scholarship with the equally demanding standards of litigation.

Liability For Damage To Public Natural Resources Standing Damage And Damage Assessment

Author: Edward Brans
Publisher: Kluwer Law International
ISBN: 9041117245
Size: 77.42 MB
Format: PDF, Mobi
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This book focuses on liability for damage to those natural resources that are of interest to the public and are protected by national, European or international law. It provides an overview of the law of the United States and of certain EU Member States on the recovery of damages for injury to natural resources. The international civil liability conventions that cover environmental harm and the recently published European Commission's White Paper on environmental liability are also discussed. The on-going development in various international forums of treaties or protocols dealing with liability for environmental damage are analyzed, as are the principles developed by the UNEP Working Group established in response to the 1990 Gulf War to advise the UNCC on claims for damage to natural resources. The book addresses assessment and valuation issues, the issue of standing in cases of injury to (un)owned natural resources, and the determination of ways to repair, restore and compensate for natural resource injuries and the associated loss of ecological and human services. It also explains why such a difference exists between the US and most European jurisdictions and inter-national liability conventions as to the recovery of damages for injury to natural resources.

The Natural Resource Damage Assessment Deskbook

Author: Valerie Ann Lee
Publisher: Environmental Law Institute
ISBN: 9781585760404
Size: 34.34 MB
Format: PDF, ePub
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This book provides a comprehensive survey of the law and techniques associated with the law, science, and economics involved in natural resource damage assessment. Written by experts in the field, this new deskbook is the most comprehensive and up-to-date analysis of the subject available. It thoroughly examines the framework for liability and the goals of the federal statutes providing a right of action for natural resource damages. Focus is maintained on the natural resource damage provisions of CERCLA; the Oil Pollution Act; the Clean Water Act; the Marine Protection, Sanctuaries, and Research Act; and the National Park System Resource Protection Act. Complimentary review copies are not available for this title.

Marine Resource Damage Assessment

Author: F. Maes
Publisher: Springer Science & Business Media
ISBN: 1402033680
Size: 54.76 MB
Format: PDF, Mobi
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The main focus of this important book is on civil liability regimes to compensate for ecological/environmental damage, the impact of EC decision-making on the international regime for oil pollution damage, the use of environmental funds in this respect, the economic valuation of damage to the environment from a theoretical perspective and the application of the Contingent Valuation Method in Belgium for ecological damage at sea.

The Measurement Of Environmental And Resource Values

Author: A. Myrick Freeman
Publisher: Resources for the Future
ISBN: 9781891853623
Size: 57.55 MB
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The premise of this award-winning book is that estimates of the economic values of environmental and natural resource services are essential tools for effective policymaking. Freeman presents a comprehensive, rigorous treatment of benefit measurement, providing an introduction to the principal methods and techniques of resource and environmental valuation for professional economists and graduate students who are not directly engaged in the field. Features of the new edition include a reworking of the chapter on stated preference methods of valuation and new sections on topics in the valuation of effects on human health, the valuation of ecosystem functions and services, and benefits transfer. It targets several of the important advances since 1993 and integrates them within the basic framework of the first edition. Rick Freeman maintains the accessibility of the first edition while enhancing its relevance to current practice. Scholars and policymakers will welcome the work as an up-to-date reference on recent developments. Students and general readers will gain a better understanding of the contribution that economics as a discipline can make to decisions about pollution control and human health, the recreational use of rivers and forests, urban amenities, and other critical issues concerning the way we use and interact with environmental and natural resource systems.

A Primer On Nonmarket Valuation

Author: Patricia A. Champ
Publisher: Springer
ISBN: 9400771045
Size: 46.86 MB
Format: PDF, ePub
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This is a practical book with clear descriptions of the most commonly used nonmarket methods. The first chapters of the book provide the context and theoretical foundation of nonmarket valuation along with a discussion of data collection procedures. The middle chapters describe the major stated- and revealed-preference valuation methods. For each method, the steps involved in implementation are laid out and carefully explained with supporting references from the published literature. The final chapters of the book examine the relevance of experimentation to economic valuation, the transfer of existing nonmarket values to new settings, and assessments of the reliability and validity of nonmarket values. The book is relevant to individuals in many professions at all career levels. Professionals in government agencies, attorneys involved with natural resource damage assessments, graduate students, and others will appreciate the thorough descriptions of how to design, implement, and analyze a nonmarket valuation study.

Environmental Economics The Mining Industry

Author: Wade E. Martin
Publisher: Springer Science & Business Media
ISBN: 9401114064
Size: 43.91 MB
Format: PDF, ePub, Docs
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Superfund liability). This is an issue that is currently having an dramatic impact on the industry. The impact is being felt in transactions involving the potential sale of properties, insuring operations, development of new properties, joint ventures, or more generally, practically every phase of the mining firms operation. The second issue focuses on an environmental topic that has not been specifically addressed in federal legislation, although it has been indirectly considered, that is global warming or the "greenhouse effect". One of the interesting aspects to this environmental problem is the uncertainty associated with it at every phase of the analysis. The predictions of the general circulation models of climatologists are questioned due to the uncertainty of ocean effects, urbanization, etc. (see Burness & Martin, Chapter 5). The economic models are criticized for the uncertainty associated with the benefit estimates from reducing greenhouse gases, particularly carbon dioxide (COJ, concentrations in the atmosphere as well as estimates of the cost of reducing GHG concentrations and/or emissions. This raises the interesting question of what is the optimal policy and what will be the impact of this policy(s) on the mining sector, given the uncertainty. The first of these two topics is addressed by V. Kerry Smith and Ronald G. Cummings, et al. Professors Smith and Cummings were chosen due to their pioneering work in the area of valuation of nonmarket goods, particularly involving the use of survey methods.