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Valuing the Environment

Valuing the Environment
Author: Jean-Philippe Barde
Publisher: Routledge
Total Pages: 289
Release: 2013-11-05
Genre: Business & Economics
ISBN: 1134048467

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This is the second in a pair of economic texts commissioned by the OECD in the field of environmental economics; The Pearce Report: Blueprint for a Green Economy puts the role which monetary evaluation of environmental costs and benefits can play firmly into the public eye. This book goes further and looks at six countries where such evaluation techniques are applied and at the obstacles to their further use. The case studies, written by leading experts in each nation, show how these methods are being taken up in the UK, Norway and Italy and the ways in which they are already extensively in use in the USA, Germany and the Netherlands. The authors also describe the obstacles to their use - the lack of knowledge of environmental economics at government level; the competition from other government priorities; and, the failure of environmental groups to grasp the importance of financial evaluation to their cause. But, as this book makes clear, significant advances are being made, both in the implementation of these economic techniques and, above all, in striking and yet further developments in economic thinking.


Tools to Aid Environmental Decision Making

Tools to Aid Environmental Decision Making
Author: Virginia H. Dale
Publisher: Springer
Total Pages: 357
Release: 2012-11-26
Genre: Technology & Engineering
ISBN: 1461214181

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This book is unique in identifying and presenting tools to environmental decision-makers to help them improve the quality and clarity of their work. These tools range from software to policy approaches, and from environmental databases to focus groups. Equally of value to environmental managers, and students in environmental risk, policy, economics and law.


Retaking Rationality

Retaking Rationality
Author: Richard L. Revesz
Publisher: Oxford University Press
Total Pages: 263
Release: 2008-04-16
Genre: Law
ISBN: 0199709475

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That America's natural environment has been degraded and despoiled over the past 25 years is beyond dispute. Nor has there been any shortage of reasons why-short-sighted politicians, a society built on over-consumption, and the dramatic weakening of environmental regulations. In Retaking Rationality, Richard L. Revesz and Michael A. Livermore argue convincingly that one of the least understood-and most important-causes of our failure to protect the environment has been a misguided rejection of reason. The authors show that environmentalists, labor unions, and other progressive groups have declined to participate in the key governmental proceedings concerning the cost-benefit analysis of federal regulations. As a result of this vacuum, industry groups have captured cost-benefit analysis and used it to further their anti-regulatory ends. Beginning in 1981, the federal Office of Management and Budget and the federal courts have used cost-benefit analysis extensively to determine which environmental, health, and safety regulations are approved and which are sent back to the drawing board. The resulting imbalance in political participation has profoundly affected the nation's regulatory and legal landscape. But Revesz and Livermore contend that economic analysis of regulations is necessary and that it needn't conflict with-and can in fact support-a more compassionate approach to environmental policy. Indeed, they show that we cannot give up on rationality if we truly want to protect our natural environment. Retaking Rationality makes clear that by embracing and reforming cost-benefit analysis, and by joining reason and compassion, progressive groups can help enact strong environmental and public health regulation.


Environmental Decisions in the Face of Uncertainty

Environmental Decisions in the Face of Uncertainty
Author: Institute of Medicine
Publisher: National Academies Press
Total Pages: 280
Release: 2013-05-20
Genre: Political Science
ISBN: 0309290236

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The U.S. Environmental Protection Agency (EPA) is one of several federal agencies responsible for protecting Americans against significant risks to human health and the environment. As part of that mission, EPA estimates the nature, magnitude, and likelihood of risks to human health and the environment; identifies the potential regulatory actions that will mitigate those risks and protect public health1 and the environment; and uses that information to decide on appropriate regulatory action. Uncertainties, both qualitative and quantitative, in the data and analyses on which these decisions are based enter into the process at each step. As a result, the informed identification and use of the uncertainties inherent in the process is an essential feature of environmental decision making. EPA requested that the Institute of Medicine (IOM) convene a committee to provide guidance to its decision makers and their partners in states and localities on approaches to managing risk in different contexts when uncertainty is present. It also sought guidance on how information on uncertainty should be presented to help risk managers make sound decisions and to increase transparency in its communications with the public about those decisions. Given that its charge is not limited to human health risk assessment and includes broad questions about managing risks and decision making, in this report the committee examines the analysis of uncertainty in those other areas in addition to human health risks. Environmental Decisions in the Face of Uncertainty explains the statement of task and summarizes the findings of the committee.


Cost-Benefit Analysis of Environmental Health Interventions

Cost-Benefit Analysis of Environmental Health Interventions
Author: Carla Guerriero
Publisher: Academic Press
Total Pages: 312
Release: 2019-11-29
Genre: Business & Economics
ISBN: 0128129360

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Cost-benefit Analysis of Environmental Health Interventions clearly articulates the core principles and fundamental methodologies underpinning the modern economic assessment of environmental intervention on human health. Taking a practical approach, the book provides a step-by-step approach to assigning a monetary value to the health benefits and disbenefits arising from interventions, using environmental information and epidemiological evidence. It summarizes environmental risk factors and explores how to interpret and understand epidemiological data using concentration-response, exposure-response or dose-response techniques, explaining the environmental interventions available for each environmental risk factor. It evaluates in detail two of the most challenging stages of Cost-Benefit Analysis in ‘discounting’ and ‘accounting for uncertainty’. Further chapters describe how to analyze and critique results, evaluate potential alternatives to Cost-Benefit Analysis, and on how to engage with stakeholders to communicate the results of Cost-Benefit Analysis. The book includes a detailed case study how to conduct a Cost-Benefit Analysis. It is supported by an online website providing solution files and detailing the design of models using Excel. Provides a clear understanding of the core theory of cost-benefit analysis in environmental health interventions Provides practical guidance using real-world case studies to motivate and expand understanding Describes the challenging ‘discounting’ and ‘accounting for uncertainty’ problems at chapter length Supported by a practical case study, online solution files, and a practical guide to the design of CBA models using Excel


Valuing Ecosystem Services

Valuing Ecosystem Services
Author: National Research Council
Publisher: National Academies Press
Total Pages: 291
Release: 2005-05-14
Genre: Science
ISBN: 030909318X

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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.


Economic Valuation of Environmental Health Risks to Children

Economic Valuation of Environmental Health Risks to Children
Author: Organisation for Economic Co-operation and Development
Publisher: OECD
Total Pages: 320
Release: 2006-02-03
Genre: Adulthood
ISBN:

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The relationship between environment and children’s health has been the subject of increasing interest these last ten years. For instance, many OECD Member countries are reporting asthma epidemics exacerbated by air pollution: in the United States nearly 1 in 13 school-age children (approximately 4.8 million) has asthma, and the rate is increasing more rapidly in school-age children than in any other group. The importance of this issue has resulted in a growing number of epidemiological studies aiming at better understanding and better characterising the relationship between environmental pollution and the health of children. However, in many respects, the valuation of children’s health strongly differs from the valuation of adults’ health and constitutes a real challenge for analysts as well as for decision-makers. Consequently, this book proposes an in depth analysis of the main methodological difficulties associated with estimating the social value of a reduction in risk to children. Questions such as how to elicit children’s preferences, what valuation methodology and benefit measure to choose, how to discount benefits to children’s health, and how to account for economic uncertainties in this specific context of economic valuation will be systematically examined in order to define key policy implications and to pave the way for further research.