Natural resource valuation: A primer on concepts and techniques

Technical Report · Tue Jul 01 04:00:00 EDT 1997

DOI:https://doi.org/10.2172/527943· OSTI ID:527943

Ulibarri, C A; Wellman, K F

Natural resource valuation has always had a fundamental role in the practice of cost-benefit analysis of health, safety, and environmental issues. Today, this role is becoming all the more apparent in the conduct of natural resource damage assessments (NRDA) and cost-benefit analyses of environmental restoration (ER) and waste management (WM) activities. As such, environmental professionals are more interested in how natural resource values are affected by ER and WM activities. This professional interest extends to the use of NRDA values as measures of liability and legal causes of action under such environmental status as the Clean Water Act (CWA); the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA, as amended); and the Oil Pollution Act (OPA) of 1990. Also, environmental professionals are paying closer attention to NRDA values in cost-benefit analyses of risk and pollution-abatement standards, and in meeting environmental and safety standards - for achievable (ALARA). This handbook reviews natural resource valuation techniques that may be applied to resources at DOE sites within the foregoing contexts.

• Research Organization: Battelle Columbus Div., OH (United States)
• Sponsoring Organization: USDOE, Washington, DC (United States)
• DOE Contract Number: AC06-76RL01830
• OSTI ID: 527943
• Report Number(s): DOE/RL/01830--T62; ON: DE97009337
• Country of Publication: United States
• Language: English

Related Subjects

05 NUCLEAR FUELS
29 ENERGY PLANNING, POLICY, AND ECONOMY
54 ENVIRONMENTAL SCIENCES
COMPLIANCE
PROGRAM MANAGEMENT
REGULATIONS
REMEDIAL ACTION
RESEARCH PROGRAMS
RESOURCE ASSESSMENT
RESOURCES
SOCIO-ECONOMIC FACTORS
US DOE