IDEAS home Printed from https://ideas.repec.org/a/spr/endesu/v16y2014i1p159-180.html
   My bibliography  Save this article

How much could a tanker spill cost British Columbians?

Author

Listed:
  • Ngaio Hotte
  • U. Sumaila

Abstract

Ocean-based industries provide employment for nearly 30 % of the population in the North Coast region of British Columbia. Marine resource dependence has raised concerns about the possible economic impacts of a tanker spill along the proposed Enbridge Northern Gateway shipping route, which would export 525,000 barrels (bbls) per day of oil, bitumen, and condensate from Kitimat, British Columbia, to international markets. This study uses current and projected future values of four ocean-based industries and the Enbridge Northern Gateway project to estimate total (i.e., direct, indirect, and induced) economic effects on total output, employment, and gross domestic product (GDP) and impacts on the regional economy over a 50-year period under three potential spill scenarios: no impact (no spill), medium impact (a 63,000-bbl spill), and high impact (a 257,000-bbl spill). The proposed Enbridge Northern Gateway project could produce total positive economic effects of $600 million in output, 5,700–8,400 person years (PYs) of employment, and $300 million in GDP in the North Coast region. A medium impact tanker spill could cause losses of $40–$190 million in output, 400–1,500 PYs of employment, and $20–$100 million in GDP, and a high-impact spill could cause losses of $90–$300 million in output, 1,650–4,500 PYs of employment, and $70–$200 million in GDP. Copyright Springer Science+Business Media Dordrecht 2014

Suggested Citation

  • Ngaio Hotte & U. Sumaila, 2014. "How much could a tanker spill cost British Columbians?," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 16(1), pages 159-180, February.
    • Handle: RePEc:spr:endesu:v:16:y:2014:i:1:p:159-180
    DOI: 10.1007/s10668-013-9468-7
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/s10668-013-9468-7
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1007/s10668-013-9468-7?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Sumaila, Ussif R. & Walters, Carl, 2005. "Intergenerational discounting: a new intuitive approach," Ecological Economics, Elsevier, vol. 52(2), pages 135-142, January.
    2. Andrew Dyck & U. Sumaila, 2010. "Economic impact of ocean fish populations in the global fishery," Journal of Bioeconomics, Springer, vol. 12(3), pages 227-243, October.
    3. Maria Loureiro & John Loomis & Maria Vázquez, 2009. "Economic Valuation of Environmental Damages due to the Prestige Oil Spill in Spain," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 44(4), pages 537-553, December.
    4. Louis De Mesnard, 2002. "NoteAbout the Concept of “Net Multipliers”," Journal of Regional Science, Wiley Blackwell, vol. 42(3), pages 545-548, August.
    5. Carson, R.T. & Mitchell, R.C. & Hanemann, W.M. & Kopp, R.J. & Presser, S. & Ruud, P.A., 1992. "A Contingent Valuation Study of Lost Passive Use Values Resulting From the Exxon Valdez Oil Spill," MPRA Paper 6984, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Abate, Tenaw G. & Börger, Tobias & Aanesen, Margrethe & Falk-Andersson, Jannike & Wyles, Kayleigh J. & Beaumont, Nicola, 2020. "Valuation of marine plastic pollution in the European Arctic: Applying an integrated choice and latent variable model to contingent valuation," Ecological Economics, Elsevier, vol. 169(C).
    2. Endre Kildal Iversen & Kristine Grimsrud & Yohei Mitani & Henrik Lindhjem, 2022. "Altruist Talk May (also) Be Cheap: Revealed Versus Stated Altruism as a Predictor in Stated Preference Studies," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 83(3), pages 681-708, November.
    3. Andrés M. Cisneros‐Montemayor & F. Gordon Kirkwood & Sarah Harper & Dirk Zeller & U. Rashid Sumaila, 2013. "Economic use value of the Belize marine ecosystem: Potential risks and benefits from offshore oil exploration," Natural Resources Forum, Blackwell Publishing, vol. 37(4), pages 221-230, November.
    4. Ekeland, Ivar & Karp, Larry S. & Sumaila, Ussif Rashid, 2011. "Equilibrium management of fisheries with altruistic overlapping generations," CUDARE Working Papers 123635, University of California, Berkeley, Department of Agricultural and Resource Economics.
    5. León, Carmelo J. & Araña, Jorge E. & Hanemann, W. Michael & Riera, Pere, 2014. "Heterogeneity and emotions in the valuation of non-use damages caused by oil spills," Ecological Economics, Elsevier, vol. 97(C), pages 129-139.
    6. Schuhbauer, Anna & Sumaila, U. Rashid, 2016. "Economic viability and small-scale fisheries — A review," Ecological Economics, Elsevier, vol. 124(C), pages 69-75.
    7. Adaman, Fikret & Gökşen, Fatoş & Zenginobuz, Unal, 2003. "Political economy of citizens’ participation in environmental improvement: The case of Istanbul," MPRA Paper 375, University Library of Munich, Germany.
    8. Richard T. Carson & W. Michael Hanemann, & Raymond J. Kopp & Jon A. Krosnick & Robert C. Mitchell & Stanley Presser & Paul A. Rudd & V. Kerry Smith & Michael Conaway & Kerry Martin, 1997. "Temporal Reliability of Estimates from Contingent Valuation," Land Economics, University of Wisconsin Press, vol. 73(2), pages 151-163.
    9. Maria Arvaniti & Chandra K. Krishnamurthy & Anne-Sophie Crépin, 2019. "Time-consistent resource management with regime shifts," CER-ETH Economics working paper series 19/329, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    10. Alberto Roca Florido & Emilio Padilla Rosa, 2024. "Analysing the impacts of a reform on harmful fishery subsidies in Spain using a social accounting matrix," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 13(1), pages 1-29, December.
    11. Defrancesco, Edi & Gatto, Paola & Rosato, Paolo, 2014. "A ‘component-based’ approach to discounting for natural resource damage assessment," Ecological Economics, Elsevier, vol. 99(C), pages 1-9.
    12. Teh, Louise S.L. & Teh, Lydia C.L. & Rashid Sumaila, U., 2014. "Time preference of small-scale fishers in open access and traditionally managed reef fisheries," Marine Policy, Elsevier, vol. 44(C), pages 222-231.
    13. Speers, Ann E. & Besedin, Elena Y. & Palardy, James E. & Moore, Chris, 2016. "Impacts of climate change and ocean acidification on coral reef fisheries: An integrated ecological–economic model," Ecological Economics, Elsevier, vol. 128(C), pages 33-43.
    14. W. Michael Hanemann, 1994. "Valuing the Environment through Contingent Valuation," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 19-43, Fall.
    15. Richard T. Carson & Miko_aj Czajkowski, 2014. "The discrete choice experiment approach to environmental contingent valuation," Chapters, in: Stephane Hess & Andrew Daly (ed.), Handbook of Choice Modelling, chapter 9, pages 202-235, Edward Elgar Publishing.
    16. Oosterhaven, Jan, 2004. "On the definition of key sectors and the stability of net versus gross multipliers," Research Report 04C01, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
    17. Karl van Biervliet & Dirk Le Roy & Paulo A.L.D. Nunes, 2006. "An Accidental Oil Spill Along the Belgian Coast: Results from a CV Study," Working Papers 2006.41, Fondazione Eni Enrico Mattei.
    18. Mariana Conte Grand & Martina Chidiak, 2010. "Cambios potenciales en los usos recreativos de la costa del río Uruguay ante la instalación de la planta de celulosa Fray Bentos: un ejercicio de valoración contingente," CEMA Working Papers: Serie Documentos de Trabajo. 432, Universidad del CEMA.
    19. Richard T. Carson & W. Michael Hanemann & Raymond J. Kopp & Jon A. Krosnick & Robert Cameron Mitchell & Stanley Presser, 1998. "Referendum Design and Contingent Valuation: The NOAA Panel's No-Vote Recommendation," The Review of Economics and Statistics, MIT Press, vol. 80(2), pages 335-338, May.
    20. Kari Hyytiäinen & Anni Huhtala, 2014. "Combating eutrophication in coastal areas at risk for oil spills," Annals of Operations Research, Springer, vol. 219(1), pages 101-121, August.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:endesu:v:16:y:2014:i:1:p:159-180. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.