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Value of sensitive in-situ environmental assets in energy resource extraction
- Thampapillai, Dodo J.
- Energy policy 2011 v.39 no.12 pp. 7695-7701
- assets, case studies, energy, energy resources, leasing, opportunity costs, taxes
- The extraction of energy resources and the preservation of sensitive in-situ environmental assets are invariably mutually exclusive alternatives. The opportunity cost value of preserving the environmental assets can be assessed by recourse to resource rent taxes, and threshold values. The case study analysis carried out in this paper suggests that the preservation of these assets could be justifiable on the grounds of “acceptable sacrifice”.