Assessing environmental protection investments in New South Wales catchments
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Greyling, Tertius; Bennett, Jeffrey
Description
In this study we analyse the benefits and costs of investing in environmental protection in regional New South Wales. We do so by generating cost-benefit analyses for three projects which aim to protect native species: the regent honeyeater in the Hawkesbury-Nepean Catchment; the malleefowl in the Lachlan Catchment; and the booroolong frog in the Namoi Catchment. By generating benefit-cost ratios for these three cases, we demonstrate the use of choice modelling as a means to estimate the often...[Show more]
dc.contributor.author | Greyling, Tertius | |
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dc.contributor.author | Bennett, Jeffrey | |
dc.date.accessioned | 2015-12-10T23:34:43Z | |
dc.identifier.issn | 1448-6563 | |
dc.identifier.uri | http://hdl.handle.net/1885/69541 | |
dc.description.abstract | In this study we analyse the benefits and costs of investing in environmental protection in regional New South Wales. We do so by generating cost-benefit analyses for three projects which aim to protect native species: the regent honeyeater in the Hawkesbury-Nepean Catchment; the malleefowl in the Lachlan Catchment; and the booroolong frog in the Namoi Catchment. By generating benefit-cost ratios for these three cases, we demonstrate the use of choice modelling as a means to estimate the often difficult-to-determine benefits associated with environmental investment. The use of choice modelling estimates strengthens the analysis by including 'non-monetary' values which are often excluded from such analyses. We conclude by indicating how the benefit-cost ratios can be tabulated to offer a comparison of investments, thus demonstrating how this approach gives policy makers a useful quantitative decision support tool when considering investments. Access to such information allows for the funding of only those investments that cause an improvement in the well-being of society and the prioritisation of competing proposals. | |
dc.publisher | Environment Institute of Australia and New Zealand | |
dc.source | Australasian Journal of Environmental Management | |
dc.subject | Keywords: catchment; cost-benefit analysis; decision support system; development project; environmental assessment; environmental protection; investment; Australia; Hawkesbury-Nepean Basin; New South Wales; Anura; Leipoa ocellata; Meliphagidae Choice modelling; Cost-benefit analysis; Environmental protection; Healthy waterways; Native species; Native vegetation | |
dc.title | Assessing environmental protection investments in New South Wales catchments | |
dc.type | Journal article | |
local.description.notes | Imported from ARIES | |
local.identifier.citationvolume | 19 | |
dc.date.issued | 2012 | |
local.identifier.absfor | 140205 - Environment and Resource Economics | |
local.identifier.ariespublication | f5625xPUB2052 | |
local.type.status | Published Version | |
local.contributor.affiliation | Greyling, Tertius, College of Asia and the Pacific, ANU | |
local.contributor.affiliation | Bennett, Jeffrey, College of Asia and the Pacific, ANU | |
local.description.embargo | 2037-12-31 | |
local.bibliographicCitation.issue | 4 | |
local.bibliographicCitation.startpage | 255 | |
local.bibliographicCitation.lastpage | 271 | |
local.identifier.doi | 10.1080/14486563.2012.726463 | |
local.identifier.absseo | 960501 - Ecosystem Assessment and Management at Regional or Larger Scales | |
dc.date.updated | 2016-02-24T08:53:31Z | |
local.identifier.scopusID | 2-s2.0-84871267486 | |
local.identifier.thomsonID | 000312611800005 | |
Collections | ANU Research Publications |
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