assessing social welfare impacts of resource-based environmental compensation
Cole, Scott
(2012).
Environmental compensation is not for the birds.
Diss. (sammanfattning/summary)
Umeå :
Sveriges lantbruksuniv.,
Acta Universitatis Agriculturae Sueciae, 1652-6880
; 2012:29
ISBN 978-91-576-7665-8
[Doctoral thesis]
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Abstract
The European Union (EU) recently implemented the Environmental Liability Directive (ELD), requiring that environmental damage be restored so that the affected environment returns to (or toward) its baseline condition and the public is compensated for the initial damage and the losses during the time it takes for the environment to recover (interim losses). Equivalency Analysis (EA) represents a method for scaling environmental compensation to offset interim losses. Ensuring appropriate compensation for resource loss requires a merging of ecological measurement with the theories of welfare economics. This thesis explores some of the issues in scaling resource-based compensation in three papers. Paper I is a quantitative application of the EA method to compensate for sea eagle mortality from wind turbine collisions. It is co-authored with a biologist and proposes a new and innovative compensatory measure based on electrocution prevention on power lines. Paper II is written for an ecological readership and communicates fundamental economic assumptions in a way that might be helpful for cross-discipline collaboration. The main contribution is to clarify that the underlying goal of environmental compensation should be "no net loss of welfare." Paper III scrutinizes the conventional EA method from a social efficiency perspective, suggesting that the focus on equity for the victim may preclude a socially optimal compensatory outcome. The overarching conclusion is that EA fails to inform policy makers of the inescapable environmental trade-offs that arise in compensating environmental losses.
Authors/Creators: | Cole, Scott | ||||||||
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Title: | Environmental compensation is not for the birds | ||||||||
Subtitle: | assessing social welfare impacts of resource-based environmental compensation | ||||||||
Series/Journal: | Acta Universitatis Agriculturae Sueciae (1652-6880) | ||||||||
Year of publishing : | May 2012 | ||||||||
Number: | 2012:29 | ||||||||
Number of Pages: | 44 | ||||||||
Papers/manuscripts: |
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Place of Publication: | Umeå | ||||||||
Publisher: | Institutionen för skogsekonomi, Sveriges lantbruksuniversitet | ||||||||
Associated Programs and Other Stakeholders: | SLU - Environmental assessment > Data from Environmental Assesment (FoMA) is used SLU - Agricultural Sciences for Global Development > Restoration of degraded rural landscapes | ||||||||
ISBN for printed version: | 978-91-576-7665-8 | ||||||||
ISSN: | 1652-6880 | ||||||||
Language: | English | ||||||||
Publication Type: | Doctoral thesis | ||||||||
Full Text Status: | Public | ||||||||
Agris subject categories.: | E Economics, development, and rural sociology > E10 Agricultural economics and policies P Natural resources > P01 Nature conservation and land resources | ||||||||
Subjects: | Obsolete subject words > SOCIAL SCIENCES > Business and economics > Economics | ||||||||
Agrovoc terms: | environmental impact assessment, compensation, environmental policies, welfare economics, cost benefit analysis | ||||||||
Keywords: | Equivalency Analysis (EA), environmental compensation, Cost Benefit Analysis, environmental liability | ||||||||
URN:NBN: | urn:nbn:se:slu:epsilon-e-491 | ||||||||
Permanent URL: | http://urn.kb.se/resolve?urn=urn:nbn:se:slu:epsilon-e-491 | ||||||||
ID Code: | 8874 | ||||||||
Department: | (S) > Dept. of Forest Economics | ||||||||
External funders: | Swedish Environmental Protection Agency | ||||||||
Deposited By: | scott cole | ||||||||
Deposited On: | 14 May 2012 13:28 | ||||||||
Metadata Last Modified: | 02 Dec 2014 10:50 |
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