The Economics of Groundwater Remediation and Protection: 1st Edition (Hardback) book cover

The Economics of Groundwater Remediation and Protection

1st Edition

By Paul E. Hardisty, Ece Ozdemiroglu

CRC Press

368 pages | 73 B/W Illus.

Purchasing Options:$ = USD
Hardback: 9781566706438
pub: 2004-12-20
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Description

Economic literature is often too theoretical for engineers and policymakers to put into practical use, while scientific literature on the remediation of contaminated aquifers rarely considers costs and benefits. Written by a hydrogeologist and an economist, The Economics of Groundwater Remediation and Protection integrates economics and cost-benefit analysis tools with optimal protection and remediation strategies for groundwater resources.

The book provides a thorough introduction of the concepts of groundwater flow and contaminant transport, and the basics of economic decision making techniques. It illustrates the types of risks and impacts caused by groundwater contamination, and the economic benefits of its remediation. The volume reviews a wide range of issues such as cost, implementation, and expectations of success for the latest remediation trends and techniques. The book shows how economic analysis can be used to determine how much we should pay for groundwater clean-up, and when spending too much - or too little - actually makes us all worse-off. The authors' step-by-step methodology for decision-making focuses on determining optimal remedial objectives, from containment to extensive cleanup, and the selection of least-cost alternatives. They use examples from their personal experience to illustrate the methodologies in action and put the issues into perspective.

Combining the theoretical and practical aspects of science, policy, and economics, this book places the importance of groundwater remediation in the context of environmental economics, protection, and preservation. The Economics of Groundwater Remediation and Protection is also an excellent introduction to innovative solutions for funding remediation projects, education, and incentive programs, such as mitigation banking, land pollution credit schemes, and conservation credit alternatives.

Reviews

"This book is an innovative approach to the topic of contaminated land and groundwater. It will be of interest to environmental engineers, hydrologists, remediation engineers, environmental economists, and policy and decision makers."

-Journal of Hazardous Materials, Vol. 124, 2005

Table of Contents

INTRODUCTION

The Case for Rational Environmental Decisions

Contaminated Groundwater - A Global Issue

Groundwater Contamination, Risk, and Remediation

Economic Value of Groundwater - An Introduction

APPLYING ECONOMICS TO GROUNDWATER

Overview of Economic Analysis

Groundwater in an Economic Context

Economic Theory for Groundwater Remediation

Remedial Costs

Remedial Benefits

REMEDIAL DECISION MAKING

Context

Setting an Optimal Remedial Objective

Reaching the Objective

CASE STUDIES

Remediation of a Manufactured Gas Plant Site in the United Kingdom

MtBE-Contaminated Aquifer in the United States

Tritium-Contaminated Groundwater

Example Problem and Solution

SUMMARY AND CONCLUSIONS

Glossary of Economic Terms

Index

About the Series

Integrative Studies in Water Management & Land Deve

Learn more…

Subject Categories

BISAC Subject Codes/Headings:
SCI026000
SCIENCE / Environmental Science
TEC010000
TECHNOLOGY & ENGINEERING / Environmental / General
TEC010030
TECHNOLOGY & ENGINEERING / Environmental / Water Supply