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Preliminary environmental cost accounting for Olkaria IV geothermal project

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Titill: Preliminary environmental cost accounting for Olkaria IV geothermal projectPreliminary environmental cost accounting for Olkaria IV geothermal project
Höfundur: Mwangi-Gachau, Elizabeth ; Jarðhitaskóli Háskóla Sameinuðu þjóðanna
URI: http://hdl.handle.net/10802/11639
Útgefandi: United Nations University; Orkustofnun
Útgáfa: 2016
Ritröð: United Nations University., UNU Geothermal Training Programme, Iceland. Report ; 2015 : 27
Efnisorð: Jarðhiti; Umhverfisáhrif; Kenía
ISSN: 1670-7427
Tungumál: Enska
Tengd vefsíðuslóð: http://os.is/gogn/unu-gtp-report/UNU-GTP-2015-27.pdf
Tegund: Tímaritsgrein
Gegnir ID: 991007552259706886
Athugasemdir: Í: Geothermal training in Iceland 2015, bls. 585-606
Útdráttur: Environmental impact is one of the most significant considerations in the evaluation of economic development projects, yet it is a difficult factor to measure and to monetize. Regularly, decisions are made by governments on new development proposals that have significant economic and environmental implications, yet the economics of environmental impacts are frequently ignored. Decision-making in the areas of energy and environment calls increasingly for a better evaluation of the possible impacts of any envisaged policy and measure. In such decision-making, the benefits of geothermal energy are made explicit, while the ensuing environmental impacts are merely identified and qualitatively described. This paper underscores the importance of valuing and monetizing environmental impacts that are associated with the development of geothermal energy. A preliminary economic accounting of the common environmental impacts of Olkaria IV geothermal project was conducted. The results of this study recommend that a comprehensive economic valuation study be carried out on all the environmental impacts that are associated with the development of the larger Olkaria geothermal project.


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