Documents Valuing the Environment Chapter 4 © 2004 Thomson Learning/South-Western.

Slide 1 Valuing the Environment Chapter 4 © 2004 Thomson Learning/South-Western Slide 2 2 Introduction Exxon oil spill 1989 Prince William Sound, Exxon accepted liability…

Documents Benefit-Cost Analysis: Measuring Benefits. Total economic value (TEV) TEV of the stock of natural...

Benefit-Cost Analysis: Measuring Benefits Total economic value (TEV) TEV of the stock of natural capital: all-encompassing measure of the economic value of any environmental…