Economic valuation of groundwater in Texas

Economic valuation of groundwater in Texas

Groundwater is a strategic economic asset, and recent Texas Supreme Court decisions have strengthened private ownership rights in groundwater. Despite the economic and political stakes, debate on how to actually value groundwater has been sparse. In response, this article sets forth seven methods of economically valuing groundwater in Texas and uses case studies and hypotheticals informed by real data to assess the valuation techniques’ strengths and weaknesses under a range of conditions… Read more from the Texas Water Journal  

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Prince Charles says people’s connection with countryside is dying

“Prince Charles has warned that the majority of people have ‘lost any real connection with the land’ as he outlined his concerns about the future of the countryside. He stressed the benefits to the wider economy of the countryside’s ‘ecosystem services’ – with meadows and other grasslands storing millions of tonnes of carbon, providing homes for pollinating insects, supporting the agricultural economy and areas of beauty attracting visitors to boost local tourism.” These issues translate here in the Texas Hill…

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EPA Releases EnviroAtlas Ecosystem Mapping Tool

May 27, 2014 WASHINGTON – The U.S. Environmental Protection Agency (EPA) today released EnviroAtlas, a web-based interactive tool that integrates over 300 separate data layers, helps decision makers understand the implications of planning and policy decisions on our fragile ecosystems and the communities who depend on goods and services from these ecosystems. EnviroAtlas is designed for people from all levels of government, professionals, researchers, educators, non-governmental organizations, and anyone interested in considering the benefits or impacts of a decision, such…

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