Discounting in Natural Resource Damage Assessment – Erratum

Why Is Natural Resource Damage Assessment so Hard?

I. VALUING THE COMMONS The failure of markets to allocate environmental public goods and handle externalities satisfactorily has long vexed economists. The tragedy of the commons stands in sharp rebuke to the idea that unsophisticated, privately organized markets work well enough to please Pareto. Since Paul Samuelson (1954) laid out the problem of efficient production of public goods in simple...

Ecological risk assessment and natural resource damage assessment: synthesis of assessment procedures.

The Society of Environmental Toxicology and Chemistry (SETAC) convened an invited workshop (August 2008) to address coordination between ecological risk assessment (ERA) and natural resource damage assessment (NRDA). Although ERA and NRDA activities are performed under a number of statutory and regulatory authorities, the primary focus of the workshop was on ERA and NRDA as currently practiced ...

Tri-State Mining District Natural Resource Damage Assessment and Restoration Migratory Bird Injury Confirmation

Reprint of: Overview of avian toxicity studies for the Deepwater Horizon Natural Resource Damage Assessment.

The Oil Pollution Act of 1990 establishes liability for injuries to natural resources because of the release or threat of release of oil. Assessment of injury to natural resources resulting from an oil spill and development and implementation of a plan for the restoration, rehabilitation, replacement or acquisition of natural resources to compensate for those injuries is accomplished through th...

Implications of Global Climate Change for Natural Resource Damage Assessment, Restoration, and Rehabilitation

Various international and national regulations hold polluters liable for the cleanup of released hazardous substances and the restoration/rehabilitation of natural resources to preincident baseline conditions, a process often referred to as natural resource damage assessment and restoration (NRDAR). Here, we, the authors, describe how global climate change (GCC) will challenge each of the steps...