Selected welfare implications of rapid energy-related development impact. [Rocky Mountain region; specifically Sweetwater Co. , Wyo]

Journal Article · Fri Apr 01 04:00:00 EST 1977 · Nat. Resour. J.; (United States)

OSTI ID:7210932

Vander Muelen, A Jr; Paananen, O H

Policies requiring investors in energy projects to contract with the governments of potentially impacted communities are recommended so that a negotiated construction timetable and service requirements can protect the interests of the local residents and insure both efficiency and equity. The rapid development of the Rocky Mountain area's natural resources prompted a study of the impact rapid growth has on some of the native residents of formerly small and remote communities. The study focuses on the welfare problems of whether the resources are being developed for the best use and whether fair compensation is available for those who are adversely affected. Residents of Sweetwater County, Wyoming were studied, using measurements of individual welfare as a basis for determining group welfare. Unbalanced growth patterns that accompany energy development resulted in economic and social imbalances because of shortages and high prices. Although compensation is not automatic, older residents were able to obtain income from renting local property, an increase in their real property value, and from better local services. Increased taxes from industry are not always available and may not offset additional costs of services. Policy makers, tending to consider front-end social and economic problems, often direct their help toward capital rather than operating needs. (DCK)

• Research Organization: Univ. of Wyoming, Laramie
• OSTI ID: 7210932
• Journal Information: Nat. Resour. J.; (United States), Journal Name: Nat. Resour. J.; (United States) Vol. 17:2; ISSN NRJOA
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
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CAPITAL
CHARGES
COMMUNITIES
CONSTRUCTION
COST
ECONOMIC IMPACT
ECONOMIC POLICY
ECONOMICS
ENERGY POLICY
ENERGY SOURCE DEVELOPMENT
GOVERNMENT POLICIES
GROWTH
INCOME
INVESTMENT
NORTH AMERICA
PLANNING
RESOURCES
ROCKY MOUNTAIN REGION
SOCIAL IMPACT
SOCIO-ECONOMIC FACTORS
TAXES
USA
WYOMING