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E-raamat: Groundwater Economics, Two-Volume Set 2nd edition [Taylor & Francis e-raamat]

(U.S. Environmental Protection Agency, Montgomery Village, Maryland,USA)
  • Formaat: 794 pages, 125 Tables, black and white, Contains 2 hardbacks
  • Ilmumisaeg: 27-Jul-2021
  • Kirjastus: CRC Press
  • ISBN-13: 9781003164081
  • Taylor & Francis e-raamat
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  • * hind, mis tagab piiramatu üheaegsete kasutajate arvuga ligipääsu piiramatuks ajaks
  • Tavahind: 487,99 €
  • Säästad 30%
  • Formaat: 794 pages, 125 Tables, black and white, Contains 2 hardbacks
  • Ilmumisaeg: 27-Jul-2021
  • Kirjastus: CRC Press
  • ISBN-13: 9781003164081
Groundwater is a vitally important resource and as its use increases, the available supply is depleted, creating a ripple effect of impacts on both the environment and the economy that need to be disseminated to a larger audience of students and practitioners. This second edition of Groundwater Economics accomplishes just that.

This two-volume set is a comprehensive work focused on the economic values of groundwater resources and use, and it reinforces the need for a strong economic rationale in decision-making relating to that use. This new edition includes a new chapter on sustainability as well as updating all chapters with a focus on sustainability. It thoroughly explains the economic value of groundwater for sustainable use and needs, with practical examples, and includes thirteen new and updated case studies on the economics of groundwater data for decision-making. It also addresses both local and regional groundwater economic choices through a series of applications at an international level.

This set, written by a sustainability professional with decades of experience in managing groundwater use and protection, is written for other professionals as well as students, who need to understand and evaluate water resources and mange their use from a variety of sustainable approaches.
Preface xvii
Acknowledgments xix
Author xxi
Chapter 1 An Introduction to the Economics of Groundwater
1(1)
Economics Informs Decisions
1(1)
Economic Significance of Groundwater
1(1)
Advantages of and Demand for Groundwater
2(1)
Characteristics of Groundwater
3(7)
Economic Analysis Approach to Groundwater
6(2)
Significant Groundwater Economics Issues
8(2)
Brief Overview of the Text, Volumes 1 and 2
10(1)
For Further Consideration
11(1)
References
11(2)
Additional References Consulted
13(1)
Addendum to
Chapter 1
14(4)
Economic Concepts Reference
14(4)
References
18(1)
Chapter 2 Groundwater in the Ecosystem
19(36)
Physical Significance of Groundwater
19(1)
The Hydrologic Cycle
20(3)
Natural Factors Affecting Groundwater Resources
23(5)
Precipitation
23(1)
Aquifer
23(1)
Deep Ancient Aquifers
23(1)
Evaporation
23(1)
Permeability and Soil Texture
24(1)
Geologic Matrix (Or Aquifer Media)
24(1)
Subsurface Water Migration
24(2)
Recharge Zones
26(1)
Discharge Zones
27(1)
Productivity or Yield
27(1)
Depth
28(1)
Managed Yield and Sustainability
28(1)
Surface Water and Groundwater Interaction
28(1)
Wetlands
28(1)
Other Factors Affecting Groundwater Supply
28(1)
Groundwater Availability
29(1)
Groundwater Quality
30(3)
Groundwater Flow
33(2)
Local/On-Site Flow
33(1)
Watershed Flow
33(1)
Regional Flow
34(1)
Natural Sensitivity and Vulnerability
35(4)
Regional Sensitivity
35(1)
Local Sensitivity and Vulnerability
36(1)
Human Activity and Ecosystem Vulnerability
36(3)
Biodiversity in Groundwater
39(3)
Ground and Near-Surface
39(1)
Karst
40(1)
First Aquifer
40(1)
Littoral Zones
41(1)
Deep Aquifer Environments
41(1)
Note on Biodegradation
41(1)
Groundwater Occurrence and Human Interaction
42(2)
Wells
42(1)
Springs
42(1)
Wetlands
42(1)
Groundwater-Surface Water Interaction
43(1)
The Water Budget
44(3)
Groundwater and Climate Change
47(1)
Summary: General Observations on Natural Factors Affecting Groundwater in the Ecosystem
48(1)
For Further Consideration
49(1)
References
50(5)
Chapter 3 Groundwater in the Economy
55(38)
Groundwater's Influence in the Economy
55(1)
Groundwater Availability
56(3)
Economic Effects of Geology
56(1)
Economic Impacts of Groundwater Use
56(1)
Conjunctive Management of Water Sources
57(1)
Land Value Effects
57(1)
Climatic Effects
58(1)
Groundwater Quality
59(2)
Major Economic Groundwater Uses in National and International Contexts
61(11)
International
61(3)
United States
64(1)
Irrigation
65(2)
Drinking Water
67(2)
Industrial
69(1)
Per Capita Use
69(1)
All Groundwater Uses
70(1)
Groundwater Services Sector and Employment
70(2)
Unintended Effects of Groundwater Use in an Economy
72(1)
Ecological and Aesthetic Uses of Groundwater
72(1)
Residual Absorption as a Use of Groundwater
73(1)
Chemical Wastes
73(1)
Pesticides
74(1)
Competition for the Subsurface Environment
74(1)
Health and Economic Productivity
74(1)
Other Socioeconomic Factors in Overview
74(1)
Economic Management Characteristics of Groundwater
75(2)
Economic Challenges and Market Failure
77(1)
A Model of Groundwater in the Economy
78(1)
Groundwater Function and Service
79(2)
Recycling and Reuse
81(2)
A Simple Model
82(1)
Expanded Ecosystems Services Model
83(2)
Economic Effects on Groundwater from Climate Change
85(1)
Drought and Pumping
85(1)
Saltwater Intrusion
85(1)
Flood Effects
85(1)
Carbon Sequestration
85(1)
Natural Capital Considerations
86(1)
Implications for Sustainable Groundwater in the Economy
86(1)
Summary
87(1)
For Further Consideration
87(1)
References
88(5)
Chapter 4 Groundwater Law
93(46)
A Complex Framework
93(1)
Socioeconomic Considerations
93(1)
Range of Uses Recognized in Law
94(1)
Groundwater Quantity and Quality
94(1)
Groundwater Mobility
95(1)
Groundwater Rights in Use and Access
95(2)
Groundwater Laws of the United States
97(20)
State Groundwater Doctrines, Law and Policy in the United States
97(1)
Terminology for Groundwater Categories in Case Law
97(1)
Subflow of Surface Streams
97(1)
Underground Streams
97(1)
Percolating Waters
98(1)
Wastewaters
98(1)
Water Quantity - State Law
98(2)
Absolute Ownership
100(1)
Reasonable Use
100(1)
Correlative Rights - Eastern United States (From the Restatement of Torts Rule)
100(1)
Correlative Rights - Western United States
100(1)
Prior Appropriation
100(1)
Management Area
100(1)
State Groundwater Drainage Law
101(1)
State Laws for Well Installation
102(1)
U.S. Federal Groundwater Quantity-Related Laws
103(1)
Protecting Quality for Future Quantity
103(1)
Less Quality Protection Reducing Future Supply Potential
103(1)
Supply-Related Tax Subsidy for Irrigation
103(1)
Laws Affecting Groundwater Recharge
104(1)
Water Conservation in Irrigation
104(1)
Water Supply Equipment
104(1)
Other Quantity-Related Federal Laws
105(1)
Water Quality
105(1)
State Law Affecting Land Management Practices with Groundwater Quality Implications
105(1)
State Groundwater Quality Protection
105(7)
U.S. Federal Groundwater Quality Protection-Related Laws
112(2)
Groundwater Quality Standards
114(1)
U.S. Federal Wetlands Laws
114(3)
U.S. Federal Environmental Valuation of Groundwater-Related Actions
117(2)
Drinking Water Standards
118(1)
Underground Injection Control
118(1)
Wellhead Protection
118(1)
Resource Conservation and Recovery Act
118(1)
Comprehensive Environmental Response, Compensation and Liability Act
118(1)
Federal Insecticide, Fungicide and Rodenticide Act
118(1)
Small Business Regulatory Enforcement Fairness Act
118(1)
Unfunded Mandates Act
118(1)
Surface Mining Control and Reclamation Act
118(1)
U.S. Groundwater Financing Laws
118(1)
Other Economic Implications of U.S. Groundwater Rights and Laws
119(1)
Groundwater Case Law
119(3)
State Case Law
119(1)
Federal Case Law
120(2)
Environmental Site Assessments
122(2)
In the United States
122(1)
Internationally
123(1)
Groundwater Laws of Other Countries
124(9)
Canada
124(3)
Mexico
127(1)
European Union
127(3)
Muslim Countries
130(3)
Comparison of Approaches
133(1)
Conclusion
134(1)
For Further Consideration
135(1)
Note
135(1)
References
135(4)
Chapter 5 Microeconomics and Groundwater Markets
139(36)
Evaluating Essential Scarce Resources
139(1)
Economic Utility, Product and Price
139(2)
Demand
141(3)
Utility Function
141(1)
Demand and Willingness to Pay
142(2)
Benefits
144(1)
Supply
145(2)
Production Function
145(1)
Costs of Production
146(1)
An Example in Graphical Form
147(1)
Monopolies and Supply
148(1)
Price in a Competitive Market
149(2)
Economic Efficiency
149(1)
Assumptions Used to Derive "Competitive Markets"
150(1)
Substitutability of Inputs
151(8)
Decision Makers in Groundwater Production and Supply
151(3)
Decision Makers Affecting Demand for and Use of Groundwater
154(1)
An Example
155(4)
Other Factors in Marginal Costs of Groundwater Production
159(1)
Groundwater Markets
160(5)
Markets for Groundwater Supply
160(1)
Valuing a Groundwater Use Right
161(3)
Markets for Groundwater Quality Trading
164(1)
Capital and Financing Aspects of Economic Production
165(4)
Capital Financing
165(1)
Discount Rate
166(2)
Depreciation of Capital
168(1)
Natural Capital
168(1)
National and International Implications of Groundwater Production
169(2)
Summary
171(1)
For Further Consideration
171(1)
Note
171(1)
References
172(3)
Chapter 6 Groundwater Access and Supply: Wells, Aquifer Recharge and Natural Infrastructure
175(58)
Access Is Fundamental to Use
175(1)
A Typical Well
175(2)
Groundwater Resource Investigation
177(3)
Elements of an Investigation
177(1)
Analysis of Available Information
178(1)
Cost of Investigation
179(1)
Costs and Benefits of Groundwater Investigation
180(2)
Land or Property Entry
182(1)
Factors Affecting Well Location
183(4)
Well Permits
187(2)
Well Installation Standards
187(1)
Well Installer Certification
188(1)
Well Permit
188(1)
Well Drilling and Installation
189(4)
Well Size
193(1)
High Capacity Wells
193(1)
Monitoring Wells and Piezometers
194(1)
Private Domestic Wells
194(1)
Capital Cost and Related Factors
195(1)
Operation and Maintenance
195(1)
Monitoring Wells
195(1)
Large Water Supply Well
196(1)
Municipal Wells
196(1)
Agricultural Irrigation Wells
197(1)
Injection Wells and Hydraulic Fracturing
197(4)
Injection Wells
197(1)
Hydraulic Fracturing Injection Wells
198(3)
Well Pumps
201(3)
Types and Operation
201(3)
Solar-Powered Pumps
204(1)
Wind-Powered Pumps
204(1)
Other Well Types
204(4)
Dug Wells
204(1)
Bamboo Tube Wells
205(1)
Geothermal Heat Pump Wells
205(1)
Brine Production Wells
206(1)
Dewatering Wells
206(2)
Deep Geothermal Energy Wells
208(1)
In Situ and On-Site Groundwater Treatment Wells
209(1)
Springs
209(1)
Groundwater Protection
210(1)
Aquifer Recharge
210(10)
Natural Groundwater Recharge
210(1)
Managed Aquifer Recharge
210(3)
Aquifer Storage and Recovery
213(1)
Aquifer Storage, Transfer and Recovery
213(1)
General Types of Recharge
213(1)
Recharge Area
214(1)
Quality of Recharge Sources
214(1)
Hydrogeological Factors
214(1)
Managed Aquifer Recharge Technology
215(1)
Infiltration Methods
215(1)
Direct Injection Method
215(1)
Filtration Methods
216(1)
Large Area Source Water Quality Protection Methods
216(1)
Implementation Steps in MAR Project Siting
216(1)
Benefits of Managed Aquifer Recharge
216(1)
Direct Benefits
216(1)
Indirect Benefits
217(1)
Cost-Effectiveness
217(2)
Treatment at MAR Sites
219(1)
Maintenance of Aquifer Recharge Basins
220(1)
Unanticipated Costs of Aquifer Recharge
220(1)
Natural and Green Infrastructure
220(3)
Natural Infrastructure
220(1)
Valued Functions
220(1)
Benefits of Functions
221(1)
Green Infrastructure
222(1)
Benefits for Green Infrastructure
222(1)
Costs of Green Infrastructure
222(1)
Benefits of Properly Installed and Maintained Wells
223(1)
Costs of Improperly Installed or Maintained Wells
224(1)
Ecological Aspects of Access to Groundwater and the Subsurface
224(2)
Unsaturated Zone and Shallow Aquifers
224(1)
Rivers and Streams
225(1)
Wetlands
225(1)
Summary
226(1)
For Further Consideration
226(1)
References
227(5)
Other References Consulted
232(1)
Chapter 7 Groundwater Quality Treatment and Waste Disposal
233(40)
Many Potential Contaminant Sources
233(1)
Subsurface Contaminant Sink and Natural Capital Treatment
234(1)
Treatment for Drinking Water
235(10)
Natural Capital Treatment Service
235(2)
Household Treatment
237(3)
Central Water Supply Treatment
240(2)
Definitions
242(1)
Desalination
243(2)
Subsurface Disposal and Release of Drinking Water Treatment Residuals
245(1)
Watershed Management
245(1)
Waste Releases to Groundwater and the Subsurface Environment
245(15)
Onsite Wastewater Disposal
246(1)
Underground Injection
247(2)
Subsurface Releases and Modifications Associated with Global Climate Change
249(1)
Carbon Dioxide
249(2)
Sea-Level Rise and Saltwater Intrusion
251(1)
Inland Brackish and Saline Water Intrusion
252(1)
Desalination Wastes
253(1)
Remediation of Chemical Residuals in Groundwater
254(6)
Remediated Sites and Redevelopment
260(1)
Water Reclamation and Reuse
261(1)
Economic Considerations for Groundwater in Treatment and Disposal
262(2)
Summary
264(1)
For Further Consideration
264(1)
Note
265(1)
References
265(8)
Chapter 8 Groundwater Consumption for Health and Food
273(62)
Part 1 Groundwater and Health
273(1)
Positive Health Effects of Natural Groundwater Constituents
274(3)
Negative Health Effects of Natural and Anthropogenic Substances
277(1)
Naturally Occurring Contaminants
278(16)
Human-Caused or Anthropogenic Source Contaminants
278(12)
Valuing Health Risks
290(1)
Barriers Protecting Health
291(1)
Wellhead Protection
292(1)
Protective Aspects of the Subsurface
293(1)
Unprotective Aspects of the Subsurface
293(1)
Treatment of Groundwater
294(1)
Groundwater Source Quality for Other Living Organisms
294(1)
Groundwater Source Quality for Commercial Applications
295(1)
Groundwater Production Function and Historical Use
296(2)
Production Function
296(1)
Municipal Supply
297(1)
Domestic Household Supply
297(1)
Historical Use and Productivity Change
297(1)
Summary
298(1)
For Further Consideration
299(1)
References
299(2)
Part 2 Groundwater and Food Production
301(1)
Largest Use of Groundwater
301(8)
Extent of Irrigation Water Demand
302(3)
Biofuels Demand on Groundwater
305(1)
Brief History of Groundwater Irrigation
306(1)
Recent Developments in Irrigation Wells
306(1)
Irrigation Wells in Use
306(1)
Land Area Irrigated
306(3)
Irrigation Well Costs
309(4)
Irrigation Methods and Costs
313(4)
Irrigation Efficiency
317(2)
Irrigation Use of Groundwater
319(1)
Irrigation Productivity
319(1)
Financing Irrigation Systems
320(1)
Ecosystem Effects of Irrigation
321(4)
Waterlogging and Salination
321(1)
Depletion of Aquifers
321(1)
Land Subsidence
321(2)
Accumulation of Salts, Nutrients and Pesticides Residuals
323(2)
Best Management Practices
325(2)
Institutional Factors
327(1)
Groundwater Conservation and Food Production
327(1)
Groundwater Production Function and Productivity for Irrigation Water
328(1)
Macroeconomic Considerations
328(1)
Summary
329(1)
For Further Consideration
330(1)
References
330(5)
Chapter 9 Mineral Extraction, Geothermal Exchange and Manufacturing
335(18)
Groundwater in Industrial Economic Applications
335(1)
Mineral Extraction (Other than Oil and Gas)
336(8)
Description
336(1)
Costs in Production
337(1)
Groundwater Source Use
338(1)
Environmental Factors
339(5)
Benefits
344(1)
Geothermal Exchange
344(3)
Geothermal Heat Pumps
344(1)
Description
344(1)
Cost
345(1)
Groundwater Source Use
345(1)
Benefits
345(1)
Direct Use Deep Geothermal Sources
345(1)
Description
346(1)
Cost
346(1)
Groundwater Source Use
346(1)
Environmental Factors
347(1)
Benefits
347(1)
Manufacturing
347(2)
Description
347(1)
Cost
348(1)
Groundwater Source Use
349(1)
Environmental Factors
349(1)
Benefits
349(1)
Summary
349(1)
For Further Consideration
350(1)
References
350(3)
Chapter 10 Competing Uses and Value of Groundwater and the Subsurface Environment
353(8)
Key Groundwater Conditions
353(1)
Indicators of Competition for Groundwater and the Subsurface Environment in the United States
354(1)
Supply and Production
354(1)
Transmission
354(1)
Storage
355(1)
Waste Sink
355(1)
Emission Source
355(1)
Use Value in Summary
355(2)
Sequel
357(1)
For Further Consideration
357(1)
References
357(4)
Chapter 11 Sustainable Development Concepts
361(30)
Alternatives for Future Groundwater Use
361(1)
Defining Sustainable Development
361(2)
Defining Economic Growth
363(1)
An Alternative Approach to Measuring National Production
363(3)
Cautions on Cost-Benefit Evaluations
366(1)
Natural Capital Shortage
366(1)
Principles of Sustainable Development
367(5)
Principles Applying to All Waters
367(1)
Specific Sustainability Principles for Groundwater
368(3)
Range of Alternative Approaches
371(1)
Targeting Sustainable Groundwater Policies
372(13)
Comprehensive Integrated Water Resource Management
375(1)
Set Clear Aquifer Management Objectives
375(1)
Source Water Protection
376(2)
Restrictions on Chemical Use in Vulnerable Recharge Areas
378(1)
Monitoring Groundwater Status
378(1)
Use of Low-Impact Development
379(1)
Widespread Use of and Incentives for Efficient Water-Using Technology
379(1)
Water Recycling in Manufacturing
380(1)
Water Reuse for Public Supplies
381(1)
Full Cost Pricing
381(1)
New National Accounting
382(3)
Managed Yield and Sustainable Development
385(1)
Maintain Capital, Maximize Service, Minimize Throughput
386(1)
Who Benefits and Who Pays the Cost of the Different Policy Approaches - and How Much?
386(1)
Summary
387(1)
For Further Consideration
388(1)
Note
388(1)
References
388(3)
Chapter 12 Sustainable Groundwater Resources Management
391(1)
Sustainable Management
391(1)
Adaptive Resource Management
392(2)
Adaptive Management for Sustainable Groundwater Resources
394(9)
Collaboration
395(1)
Shared Objectives and Plans
396(1)
Alternatives Assessment
396(3)
Accounting for Hydrologic Processes
399(1)
Minimizing Carbon Footprint
399(1)
Protecting and Remediating Source Water
400(1)
Resource Status Measurement
400(1)
Avoiding Disruption of Extreme Events
400(1)
Reassessment
400(3)
Summary
403(1)
For Further Consideration
403(1)
References
404(3)
Index 407
Preface xvii
Acknowledgments xix
Author xxi
Chapter 1 Introduction to Groundwater Economic Analysis
1(4)
Project Economic Analysis
1(2)
Clear Definition of Purpose
1(1)
The Whole and the Parts
1(1)
Conducting the Economic Analysis
2(1)
Organization of the Text
3(1)
References
4(1)
Chapter 2 Cost, Benefit, Price and Value of Groundwater in Market and Nonmarket Settings
5(42)
A Framework for Categorizing Economic Results
6(1)
Market Goods and Services
6(2)
Market Failure
8(4)
Nonmarket Goods and Services
12(1)
Costs
13(1)
Public Bads
14(1)
Benefits
15(2)
Price
17(21)
A Generalized Pricing Model
18(2)
Nonmarket Factors
20(1)
Asset Value
21(1)
Replacement Surcharge Pricing
21(4)
Estimating o[ F(t)], the Cost of Foregone Opportunities for Water Use
25(2)
Price Elasticity of Demand for Water and Income Factors
27(1)
Scarcity and Pricing
28(1)
Underpricing
28(1)
Pricing Methods
29(4)
Institutions Facilitating Pricing
33(2)
Average versus Marginal Cost Pricing
35(1)
Full Cost Pricing
36(1)
Market Pricing
37(1)
Regulated Monopolistic Market Pricing
37(1)
Values
38(3)
Other Categories of Effects
41(1)
Risk Reduction Benefits
41(1)
Equity Effects
41(1)
Summary
42(1)
For Further Consideration
42(1)
References
43(4)
Chapter 3 Groundwater Policy and Projects
47(22)
Groundwater Policy Types
47(2)
Water Source Policy
49(6)
Policies in High-Level Overview
49(1)
Local Level
49(2)
State Government
51(1)
National/Federal Government
52(1)
Economic Considerations in Water Source Policies
52(3)
Contaminant Control Policy
55(7)
Policies in High-Level Overview
55(3)
Local Level
58(1)
State Government
58(1)
National/Federal Government
59(1)
Economic Considerations in Contamination Control Policy
60(2)
Criteria for Policy and Project Evaluation
62(3)
Ecosystem Scale
62(1)
Positive Ecosystem Response
62(1)
Equity
63(1)
Economic Efficiency or Effectiveness
63(1)
Dynamic Incentive
64(1)
Low Information Requirements
64(1)
Low Administration Cost
65(1)
Agreement with Moral Precepts
65(1)
Summary
65(1)
For Further Consideration
66(1)
References
66(3)
Chapter 4 Economic Analysis of Groundwater Policy and Projects
69(54)
Policy Evaluation
69(1)
Note on Relation of Volume 2,
Chapters 4 and 5 Addressing Economic Evaluation
70(1)
Local Relational Policies
70(1)
Ecosystem Scale
70(12)
Water Use Rights and Liability Law for Water Sources
70(1)
Water Use Rights and Liability Law for Contaminant Control
71(1)
Community Information for Water Sources
71(1)
Community Information for Contaminant Control
71(1)
Positive Ecosystem Response
72(1)
Water Use Rights and Liability Law for Water Sources
72(1)
Water Use Rights and Liability Law for Contaminant Control
72(1)
Community Information for Water Sources
73(1)
Community Information for Contaminant Control
73(1)
Equity
73(1)
Water Use Rights and Liability Law for Water Sources and Contaminant Control
73(1)
Community Information for Water Sources and Contaminant Control
73(1)
Economic Efficiency or Effectiveness
74(1)
Water Use Rights and Liability Law for Water Sources
74(2)
Water Use Rights and Liability Law for Contaminant Control
76(2)
Community Information for Water Source
78(2)
Community Information for Contaminant Control
80(2)
Remaining Criteria for Evaluating Local Relational Policies
82(1)
Dynamic Incentive
82(1)
Water Use Rights and Liability Law for Water Source and Contaminant Control
82(1)
Community Information for Water Source and Contaminant Control
82(1)
Low Information Requirements
82(1)
Water Use Rights and Liability Law for Water Source and Contaminant Control
82(1)
Community Information for Water Source and Contaminant Control
82(1)
Low Administrative Requirements
83(1)
Water Use Rights and Liability Law for Water Source and Contaminant Control
83(1)
Community Information for Water Sources and Contaminant Control
83(1)
Agreement with Moral Precepts
83(1)
Water Use Rights and Liability Law for Water Source and Contaminant Control
83(1)
Community Information for Water Sources and Contaminant Control
83(1)
Risk Management for Water Source and Contaminant Control
83(4)
Ecosystem Scale
83(1)
Positive Ecosystem Response
84(1)
Equity
84(1)
Economic Efficiency or Effectiveness
84(2)
Dynamic Incentive
86(1)
Low Information Requirements
86(1)
Low Administration Cost
86(1)
Agreement with Moral Precepts
87(1)
Economic Instruments for Water Sources and Contaminant Control
87(27)
Ecosystem Scale
88(1)
Positive Ecosystem Response
88(1)
Equity
89(1)
Economic Efficiency and Effectiveness
89(1)
Water Source User Charges and Taxes
89(2)
Water Source-Tradable (or Transferable) Water Use Rights
91(3)
Contaminant Control Policy Relying on User Charges, Taxes and Penalties
94(5)
Contaminant Control Policy Relying on Subsidies
99(2)
Contaminant Control Policy Relying on Product Charges
101(1)
Contaminant Control Policy Relying on Tradable (or Transferable) Release Permits
101(3)
Markets for Formerly Free Services
104(1)
Remaining Criteria for Evaluating Economic Instruments
105(1)
Dynamic Incentive
105(1)
Low Information Requirements
105(1)
Low Administration Cost
105(1)
Agreement with Moral Precepts
105(1)
Environmental Performance Standards
105(1)
Ecosystem Scale
106(1)
Positive Ecosystem Response
106(1)
Equity
106(1)
Economic Efficiency and Effectiveness
106(1)
Water Source Quantity Limits
107(1)
Contaminant Concentration Limits in Ambient Environment, Releases / Emissions and Content
107(7)
Remaining Criteria for Evaluating Environmental Performance Standards
114(2)
Dynamic Incentive
114(1)
Low Information Requirements
115(1)
Low Administration Cost
115(1)
Agreement with Moral Precepts
116(1)
Another Perspective: Competition for versus Management of the Resource
116(3)
Summary
119(1)
For Further Consideration
120(1)
Notes
121(1)
References
121(2)
Chapter 5 Life-Cycle Cost-Benefit Analysis
123(86)
Background on Cost-Benefit and Life-Cycle Cost Analysis
124(5)
Cost-Benefit Analysis
124(3)
Life-Cycle Assessment and Cost Analysis
127(1)
Life-Cycle Assessments
127(1)
Life-Cycle Cost Analysis
128(1)
Integration of Cost-Benefit and Life-Cycle Cost Analysis for Project Sustainability
129(1)
Types of Actions Affecting Groundwater
129(1)
Questions of Options and Scope
130(1)
Guiding Principles
130(4)
Evaluation Approaches
134(28)
Impact Analysis
134(1)
Life-Cycle Costing
135(1)
Overview
135(1)
LCC Procedural Approach
135(1)
Cost-Effectiveness Evaluation
136(6)
Benefits Assessment
142(1)
Benefits by Type of Action
143(1)
Benefits of Actions Affecting Groundwater
143(7)
Benefit Estimation Methods
150(6)
Further Note on Regional Benefits Estimation
156(4)
Life-Cycle Benefit Estimates
160(1)
Benefits Transfer
160(2)
Life-Cycle Cost-Benefit Analysis
162(10)
Net Benefits Calculation
163(2)
Quantifiable Nonmonetizable and Nonquantifiable Costs and Benefits
165(1)
Costs and Benefits Considering Groundwater in a Hydrologic Cycle Context
166(6)
Distribution Effects and Equity
172(4)
Effects on Communities and Government Entities
173(1)
Effects on Businesses
174(2)
Environmental Management Effects
176(6)
Efficiency Recharacterized - Alternative Accounting
182(17)
Comprehensive Efficiency Identity
182(1)
Alternative Evaluation Frameworks
182(6)
Cost and Benefit Estimate Issues
188(1)
Inflation
188(1)
Discounting and the Time Value of Money
189(3)
Intergenerational Considerations
192(1)
Lag Time between Costs and Benefits
192(1)
Regional Variability
193(1)
Regional Multiplier Effects
194(2)
Risk and Uncertainty
196(1)
Risk
196(1)
Uncertainty and Sensitivity Analysis
197(2)
Double Counting
199(1)
Operationalizing Inherent Value
199(1)
Information Completeness and Groundwater Modeling
200(1)
Review of Key Groundwater Factors Affecting LCCBA
200(1)
Summary
201(1)
For Further Consideration
202(1)
Notes
202(1)
References
203(6)
Chapter 6 Transboundary, International and Climate Change Considerations
209(22)
Global Groundwater Use
209(1)
International Aquifers - A Shared Resource
210(2)
Transboundary Issues
212(2)
Costs and Benefits Related to Transboundary and International Groundwaters
214(1)
Evolution of International Water Law
214(1)
International Frameworks for Transboundary Groundwaters
215(3)
Economics of Local Transboundary Aquifer Use
218(3)
Effects of Climate Change on Groundwater
221(2)
Potential Effects Identified
222(1)
Effects of Underground Storage of Carbon Dioxide
223(1)
Effects of Increased Precipitation Variability
223(1)
Economic Effects
223(1)
Transboundary and International Factors
224(1)
Aquifer Storage as a Climate Change Adaptation
224(1)
Institutional Factors for Water Cooperation
224(2)
Summary
226(1)
For Further Consideration
226(1)
References
227(4)
Chapter 7 Macroeconomic Perspective
231(28)
Macroeconomic Policy Activity
232(1)
Macroeconomics in Overview
232(8)
National Macroeconomic Functions
233(2)
Macroeconomic Policy Development
235(2)
Effects of Macroeconomic Policies
237(3)
Ecological Capacity in the Macroeconomy
240(1)
Macroeconomic Models of the Economy
241(3)
Groundwater Occurrence and Use
244(2)
Basic Raw Material for Many Industries
246(1)
Natural Capital
247(2)
Natural Capital and Depletion
249(1)
Macroeconomic Balancing and Policies
250(1)
Macroeconomic Policy Goals and Principles
251(1)
Goals
251(1)
Principles
252(1)
Macroeconomic Instruments
252(1)
Distribution Effects
253(1)
Macroeconomic Models in Prospect
253(2)
Summary
255(1)
For Further Consideration
256(1)
Note
256(1)
References
256(3)
Chapter 8 Groundwater in the Future Balance
259(28)
Public Goods Are Undersupplied in the Marketplace
260(2)
A Public Common Property Resource
260(1)
Polluter Pays Principle
261(1)
Resource Value Promoted by Government Action
262(1)
More Resource Information for Setting Public Resource Objectives
262(3)
Monitoring Is Essential
262(1)
Physical/Hydrogeologic Relationships
263(1)
Global Climate Change
263(1)
Marginal Brackish Waters and Brines Becoming Essential
264(1)
Modeling to Support Management Objectives
264(1)
Maintain Natural Capital for Sustainability
265(5)
Importance of Scale and Public Objectives
265(1)
Resource Accounting
265(1)
Replenishment of Mined Aquifers
266(1)
Pollution Prevention, Residual/Waste Reduction and Counter to Cautionary Tax
267(1)
Water Conservation and "Green" Management
268(1)
Trade
268(1)
Information Aids Communities in Valuing Groundwater
269(1)
Aquifers and Watersheds - Appropriate Management Units
270(2)
Aquifer and Watershed Planning
270(1)
Aquifer-Watershed "Footprint" and Sustainable Yield
270(1)
Accounting Area of Interest
271(1)
Economic Evaluation
272(1)
Distribution of the Resource to All Who Rely on It
272(1)
Intragenerational Equity and Distribution
272(1)
Sustenance during Drought
272(1)
Intergenerational Considerations
272(1)
Efficient Allocation of the Resource
273(6)
Efficient Resource Allocation Follows Natural Capital Decisions
273(1)
Alternative Water Sources and Treatments
273(1)
Overall Resource Protection and Allocation through Pricing Mechanisms and Tax Policy
273(1)
Full Cost Pricing
274(1)
Economic Effects beyond Points of Use
275(1)
Property Transfer Site Assessments
275(1)
Level Playing Field
275(2)
Residuals Management
277(1)
Residuals Trading
278(1)
Benefits Analyses
278(1)
Measure Efficiency Differently
278(1)
Ecosystem Significance in Community Values
279(1)
Balancing Ecosystem and Community Values
279(1)
Multiple Pathways to Valuing Groundwater
279(1)
Value through Action in the Community
280(1)
Groundwater Economics Research Needs
280(4)
For Further Consideration
284(1)
Notes
284(1)
References
284(3)
Chapter 9 Case Studies in Groundwater Economics
287(88)
Case Study 1 Production Well Costs and Benefits
287(4)
Wells in Spain
288(1)
Wells in Honduras
289(1)
Combined 300 and 200 mm Wells Capital and Energy Cost
290(1)
Single Larger 350 mm Well Capital and Energy Cost
290(1)
References
291(1)
Case Study 2 Life-Cycle Costing and Water Well Investment Strategy
292(7)
Key Analytical Results
292(1)
Initial Capital Costs
292(1)
Unit and Capital Costs of Well Installation
293(1)
Operation and Maintenance Costs
294(1)
Annual Operation and Maintenance Costs
294(1)
Well Casing Scale Management
294(1)
Energy Cost
294(1)
Specific Capacity of Wells
295(1)
Well Construction Costs for Three Representative Wells
295(1)
Life-Cycle Costing Analysis
295(1)
General Assumptions
295(1)
Well-Specific Assumptions
296(1)
Analysis of Life Cycle Costing
296(1)
Operation and Maintenance Costs
297(1)
Well Cleaning Costs
297(1)
Pump and Motor Replacement Costs
297(1)
Energy Use Costs
298(1)
Conclusions
298(1)
Discussion
298(1)
Case Study 3 Costs and Benefits of Well Owner Disinfection Decisions
299(4)
Introduction
299(1)
Uncertainty and Risk Associated with Microbial Contamination of Groundwater and Wells
300(1)
Evaluation of Avoided Cost Benefits
300(1)
Cost of Treatment for a Private Domestic Water Well
301(1)
Cost-Benefit Analysis of Disinfecting Wells Testing Positive for Pathogens
301(1)
Avoided-Cost Benefits per Individual Well Owner for Taking Health Protective Action
302(1)
Conclusion
302(1)
Discussion
303(1)
References
303(1)
Case Study 4 Economics of Groundwater Depletion
304(9)
Background
304(1)
Zarqa Basin
305(1)
Economic Analysis
306(5)
Results
311(2)
Discussion
313(1)
References
313(1)
Case Study 5 High Plains Irrigation Water Value
314(3)
Background
314(1)
Methods of Estimating Irrigation Water Value
314(1)
High Plains Irrigation Water Value
314(1)
Results
315(2)
Discussion
317(1)
References
317(1)
Case Study 6 Groundwater Contaminant Remediation Economics
317(8)
Background
317(1)
Initial Groundwater Monitoring Results and Public Health Concerns
318(1)
Alternative Emergency and Remedial Actions
318(1)
Alternative 1 Hookups to the Rockford Public Water Supply
319(1)
Alternative 2 New Residential Water Wells
319(1)
Alternative 3 Point of Entry Water Treatment Devices
319(1)
Alternative 4 No Action
319(3)
Economic Analysis
322(1)
Safe Water Supply
322(1)
Long-Term Remedial Action
323(1)
Soil
323(1)
Groundwater/Leachate
324(1)
Current Site Status (USEPA, 2020b)
324(1)
References
325(1)
Case Study 7 Wellhead Protection: Benefits and Costs
326(1)
Background
326(1)
Case Study: Middletown, Ohio (All Monetary Units Are in 1994 U.S. Dollars)
327(4)
Contamination Response
327(1)
Wellhead Protection
328(2)
Discussion
330(1)
References
331(1)
Case Study 8 Economic Assessment of a National Regulation - Waste Disposal Wells Introduction
331(11)
Cost Assumptions and Estimates
335(4)
Cost Estimates
339(2)
National Cost of the Regulation
341(1)
Discussion
342(1)
References
342(1)
Case Study 9 Contingent Valuation of Municipal Water Supply
342(2)
Background
342(1)
Other Information about the Survey
343(1)
Discussion
343(1)
Reference
344(1)
Case Study 10 Determining Water Rates
344(7)
Water Rate Example: Fontana, California
346(4)
Revenue Recovery Issues
350(1)
Discussion
351(1)
References
351(1)
Case Study 11 Groundwater Valuation in Rural Settings
351(2)
Benefits of Protecting Groundwater in Four Geographic Regions
351(1)
Hedonic Pricing: Market Value of Groundwater Based on Crop Value
352(1)
Contingent Valuation of Option Price and Value for Groundwater in Cape Cod
352(1)
References
353(1)
Case Study 12 Local Groundwater Source Compared to Regional Waterline
353(7)
General Comparison of Reliability and Quality
353(1)
Case Studies of Cost
354(2)
Detailed Evaluation of Cost Comparison
356(1)
Holly Ridge Development Groundwater Needs
356(1)
Capital Costs
356(1)
Continuing Annual Operation & Maintenance Costs
357(1)
Life-Cycle Capital Costs over 30-Year Planning Horizon
357(1)
Life-Cycle Comparison of Existing GW System Rehabilitation and Alternative Waterline Capital Costs
358(1)
Consumer Cost Comparison
359(1)
Additional Considerations
360(1)
Conclusion
360(1)
Discussion
360(1)
References
360(1)
Case Study 13 Wetland Benefits Evaluation
361(3)
Introduction
361(1)
Benefits Evaluation
362(1)
Discussion
363(1)
Reference
364(1)
Case Study 14 Groundwater Sustainability to Balance Urban and Agricultural Needs
364(1)
Background
364(1)
Hydrogeologic Model
364(1)
Analysis
364(1)
Results
364(1)
Discussion
365(1)
Reference
365(1)
Case Study 15 Managed Aquifer Recharge Basin Project
365(2)
Background
365(1)
Project Objective
365(1)
Construction Features
365(1)
Project Cost
366(1)
Comparison to Residential Consumer Water Rates
366(1)
Discussion
366(1)
References
367(1)
Case Study 16 Balancing Ecosystem, Water Use and Pricing for Groundwater Sustainability
367(5)
Background
367(1)
Ecosystem Balance and Conservation
368(1)
A Hypothetical Case: Does Water Conservation Pay?
368(1)
Results
369(1)
Evaluation over Time
369(1)
Discussion
370(1)
References
371(1)
Notes
372(1)
For Further Consideration
372(3)
Index 375
Charles Job currently serves as Regulatory Affairs Manager for the National Ground Water Association and also addresses groundwater resource sustainability. He previously worked at the US Environmental Protection Agency for over 29 years, having served as Supervisory Hydrologist in the Groundwater Protection Program beginning in 1989 and from 2000-2015 as the Drinking Water Infrastructure Branch chief. At the Agency, Chuck worked with states to utilize a backlog of over $2 billion in infrastructure financial assistance and also led critical work in standards and risk management, underground injection control, regulatory coordination, and information collection. During part of his Agency tenure, Chuck worked in EPA Region V-Chicago in groundwater protection and water quality standards planning. Previously, Chuck worked as a planner for Ohio Department of Natural Resources and the Great Lakes Basin Commission and as a financial analyst for Fortune 500 companies. He also was a charter participant in the recent development of the National Ground Water Monitoring Network, a multi-agency-private sector data sharing project. Chuck earned masters degrees in Environmental Science (Miami University) and Applied Economics (University of Michigan). He holds credentials as a sustainability professional with the US Green Building Council.