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Defining Groundwater Remediation Objectives with Cost-benefit Analysis: Does It Work?

  • Jean-Daniel Rinaudo

    ()

    (BRGM - Bureau de recherches géologiques et minières - Bureau de Recherches Géologiques et Minières (BRGM))

  • Stéphanie Aulong

    (BRGM - Bureau de recherches géologiques et minières - Bureau de Recherches Géologiques et Minières (BRGM))

Registered author(s):

    The use of cost-benefit analysis (CBA) is increasingly advocated as a tool for supporting water planning decisions, in particular at the local (site) level. This paper questions whether CBA is relevant for evaluating groundwater management options at the scale of large regional aquifers. It highlights the difficulties related to estimating the cost of groundwater protection and remediation measures at the regional (water body) level. It also identifies methodological challenges in estimating the economic value of the benefits of groundwater protection. The paper is based on an original case study carried out on the upper Rhine valley aquifer in eastern France. The methodology deployed combines engineering approaches to assess the cost of remediation and economic methods (contingent valuation) to estimate the benefits associated with groundwater improvement.

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    File URL: http://hal.archives-ouvertes.fr/docs/00/93/49/30/PDF/Rinaudo_et_al_REVISED_DIFFUSE_HAL.pdf
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    Paper provided by HAL in its series Post-Print with number hal-00934930.

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    Date of creation: 2014
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    Publication status: Published, Water Resources Management, 2014, 28, 1, 261-278
    Handle: RePEc:hal:journl:hal-00934930
    Note: View the original document on HAL open archive server: http://hal.archives-ouvertes.fr/hal-00934930
    Contact details of provider: Web page: http://hal.archives-ouvertes.fr/

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    1. Ryan, Mandy & Scott, David A. & Donaldson, Cam, 2004. "Valuing health care using willingness to pay: a comparison of the payment card and dichotomous choice methods," Journal of Health Economics, Elsevier, vol. 23(2), pages 237-258, March.
    2. Bateman, Ian J. & Day, Brett H. & Georgiou, Stavros & Lake, Iain, 2006. "The aggregation of environmental benefit values: Welfare measures, distance decay and total WTP," Ecological Economics, Elsevier, vol. 60(2), pages 450-460, December.
    3. Carson, Richard T & Flores, Nicholas A, 2000. "Contingent Valuation: Controversies and Evidence," University of California at San Diego, Economics Working Paper Series qt75k752s7, Department of Economics, UC San Diego.
    4. Edwards, Steven F., 1988. "Option prices for groundwater protection," Journal of Environmental Economics and Management, Elsevier, vol. 15(4), pages 475-487, December.
    5. Roy Brouwer, 2008. "The potential role of stated preference methods in the Water Framework Directive to assess disproportionate costs," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 51(5), pages 597-614.
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