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Environmental Valuation in Developed Countries - Case Studies (Hardcover)
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Environmental Valuation in Developed Countries - Case Studies (Hardcover)
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This is the second of two volumes of case studies that illustrate
how environmental economists place values on environmental assets
and on the flows of goods and services generated by those assets.
The first volume, Valuing the Environment in Developing Countries,
illustrates methodologies and applications of valuation techniques
in the developing world; this volume concentrates on developed or
'wealthy' nations where the first examples of economic valuation of
the environment were carried out. This important book assembles
studies that discuss broad areas of application of economic
valuation - from amenity and pollution through to water and health
risks, from forestry to green urban space. In this, his last book,
the late David Pearce brought together leading European experts,
contributors to some two dozen case studies exploring the frontiers
of economic valuation of natural resources and environmental
amenity in the developed world. Essays on the role of valuation in
environmental policy, environmental justice and green accounts are
presented, and case study topics include: * valuing forestry
benefits * GM crops * water use and quality * externalities in the
electricity sector * renewable energy benefits * electricity
transmission line disamenity * urban greenspace * chemical risks *
noise pollution. Economic valuation has undoubtedly made an
important contribution to the environmental debate, and the
contributors illustrate how sophisticated techniques have become,
and how powerful their application can be. As such, this
significant volume will prove essential reading for academics,
researchers, students and practitioners in the field of
environmental economics.
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