Category: Hurricanes

BP Oil Disaster Threatens Mississippi Delta Goods and Services Worth Far More than BP's Value - First Study of Delta as Capital Asset Concludes Restoring Wetlands Would Produce $62 Billion in Annual Benefits

By CostBenefit on Jun 11, 2010 | In Air, Water, Climate Change GHG Carbon CO2, Land + Water, Contaminated Properties, Wetlands, Oil/Gasoline/Benzene, Hurricanes, Agriculture, Forestry and Food, South, Natural Resource Damages, Ecosystem Valuation, Research Institute NGO NonProfit, Environmental Economics / Ecological Economics, Costs and Benefits, Press Release (May be biased), Recreation, Free Report at Time of Entry

The BP oil disaster, hurricanes and wetlands loss threaten a net value of $330 billion to $1.3 trillion in natural system goods and services, according to the first study of the Mississippi River Delta as a capital asset. Even the low end estimate of the… more »

The Deepwater Horizon Oil Spill - Putting a Price on the Priceless

By CostBenefit on May 11, 2010 | In Water, Energy, Climate Change GHG Carbon CO2, Land + Water, Academic Study/Journal Article, Wetlands, Oil/Gasoline/Benzene, Natural Hazards, Hurricanes, Floods, Agriculture, Forestry and Food, South, Ecosystem Valuation, Computer Software/Database/Model

... Southern Louisiana contains 40% of the wetlands found in the lower 48 states. The seafood production from the Gulf of Mexico exceeds that of all the areas of the east coast from Maine to Florida, combined. Louisiana accounts for almost 80% of that G… more »

The Supply Side Effects of Climate Change on Tourism

By CostBenefit on Apr 16, 2010 | In Climate Change GHG Carbon CO2, Latin America, Academic Study/Journal Article, Economic Development and Green Jobs, Hurricanes, Floods, Weather, Contamination Cost, Costs and Benefits

Abstract: Assuming nothing is done to address greenhouse gas emissions, sea levels across the world are anticipated to rise by between 0.2m and 1m over this century. Higher sea levels can be particularly devastating to small states. It is expected that r… more »

Version 4.5.5 of Mitigation Benefit-Cost Analysis (BCA) Toolkit Released

By CostBenefit on Jan 21, 2010 | In Government Report, U.S., Natural Hazards, Hurricanes, Tornadoes, Floods, Weather, Computer Software/Database/Model, Contamination Cost, Cost-Benefit Analysis, Costs and Benefits

Version 4.5.5 of the Mitigation Benefit-Cost Analysis (BCA) Toolkit was released in August of 2009. The toolkit includes all of the FEMA BCA software, technical guides and tools to conduct a Benefit Cost Analysis. Version 4.5.5 represents a major updat… more »

The Impact of Hurricanes on Housing Prices: Evidence from US Coastal Cities

By CostBenefit on Jan 10, 2010 | In Academic Study/Journal Article, Hurricanes, Contamination Cost, Environmental Economics / Ecological Economics, Costs and Benefits

Abstract: We investigate the effect of hurricane strikes on housing prices in US coastal cities. To this end, we construct a new index of hurricane destruction which varies over time and space. Using this index and an annual, two equation, dynamic equili… more »
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