Analyze
a local environmental issue (real or imaginary) using cost-benefit analysis.
Conservation,
Preservation, or Restoration of degraded natural resource
Examples: building a new road or bike
path, purchasing a parcel of land for a nature preserve, or instituting a
campus recycling program
The
smaller, more local the issue the better (and the easier it will be for you to
do)
Use
the proposed solution, or your own if a proposed solution doesn’t exit
List all COSTS and BENEFITS
involved in the problem and solution
Be sure to indicate whether each one listed would be
measured as a “Use Value” (direct and indirect), “Option Value”, “Existence Value”, or “Bequest Value”.
Which
ones can be priced ®
using what techniques
How
will you value FUTURE benefits and costs?
PREPARE on one page
(and make transparency to share with class)
Brief
statement of issue and solution.
List all the costs and benefits involved.
Determine what techniques could be used to give them a
dollar value
Determine how future benefits and costs would be
valued.
COSTS Type
of Value Valuation
Method
1. ____________________________________________________________________
2. ____________________________________________________________________
3. ____________________________________________________________________
4. ____________________________________________________________________
.
.
.
etc
BENEFITS Type
of Value Valuation
Method
1. ____________________________________________________________________
2. ____________________________________________________________________
3. ____________________________________________________________________
4. ____________________________________________________________________
.
.
.
etc
I will call on as many students as possible to put up their
transparency and go over it in class, 3-5 minutes. Everyone will turn in a paper copy.