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Economic efficiency of environmental legislation as it affects small hydropower development at existing dams in North Carolina

Thesis/Dissertation ·
OSTI ID:5294377
Small hydropower development at existing dams is affected by a number of pieces of Federal environmental legislation. Such legislation typically does not differentiate between large and small hydropower projects and their relative environmental impacts. Small hydropower development at existing dams is generally thought to have few or minor adverse impacts. The benefits of the environmental legislation may thus be small relative to its costs. This study assesses the economic efficiency (broadly defined to include nonmarket values) of eight major pieces of Federal environmental legislation: the Clean Water Act, the Coastal Zone Management Act, the Endangered Species Act, the Fish and Wildlife Coordination Act, the National Historic Preservation Act, the National Wildlife Refuge Act, and the Wild and Scenic Rivers Act, and the Wilderness Act. The costs examined are real resource costs and lost power production costs. The benefits examined are avoided adverse impacts and improvement in environmental quality. A data base of 152 existing dams in North Carolina was used from which 48 dams were identified as being developed in the absence of the legislation. The effects of the legislation on these dams were then identified, and the costs and benefits estimated. Under the basecase analysis, none of the legislation was found to be economically efficient.
Research Organization:
Duke Univ., Durham, NC (USA)
OSTI ID:
5294377
Country of Publication:
United States
Language:
English