Environmental constraints on hydropower: An ex post benefit-cost analysis of dam relicensing in Michigan

被引:65
作者
Kotchen, Matthew J. [1 ]
Moore, Michael R.
Lupi, Frank
Rutherford, Edward S.
机构
[1] Univ Calif Santa Barbara, Donald Bren Sch Environm Sci & Management, Santa Barbara, CA 93106 USA
[2] Univ Calif Santa Barbara, Dept Econ, Santa Barbara, CA 93106 USA
[3] Univ Michigan, Sch Nat Resources & Environm, Ann Arbor, MI 48109 USA
[4] Univ Michigan, Dept Agr Econ, Ann Arbor, MI 48109 USA
[5] Univ Michigan, Dept Fisheries & Wildlife, Ann Arbor, MI 48109 USA
[6] Univ Michigan, Sch Nat Resources & Environm, Ann Arbor, MI 48109 USA
关键词
D O I
10.3368/le.82.3.384
中图分类号
F [经济];
学科分类号
02 ;
摘要
We conduct a benefit-cost analysis of a relicensing agreement for two hydroelectric dams in Michigan. The agreement changed daily conditions from peaking to run-of-river flows. We consider three categories of costs and benefits: producer costs of adapting electricity production to the new time profile of hydroelectric output, benefits of reductions in air pollution and greenhouse gas emissions; and benefits of improved recreational fishing. The best estimates suggest that the aggregate benefits are more than twice as large as the producer costs. The conceptual and empirical methods provide a template for investigating the effects of an environmental constraint on hydroelectric dams.
引用
收藏
页码:384 / 403
页数:20
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