EC238 Study Guide - Midterm Guide: Revealed Preference, Economic Surplus, Polluter Pays Principle
Document Summary
The btm examines existing studies done under somewhat similar circumstances and uses these as a basis for an estimate in the case at hand. Step 1: identify existing studies/values that can be used for the transfer. Step 3: evaluate the quality of studies to be transferred. Step 4: adjust the existing values to better reflect the values for the site under consideration, using info that is available and relevant. Canadian environment assessment act the ceaa offers an updated modern approach that responds to canada"s current economic and environmental context. It implements central elements of the government"s plan for responsible. Resource development to modernize the regulatory system and allow for natural resources to be developed in a responsible and timely way for the benefit of all canadians. Ccme is comprised of the environment ministers from federal, provincial and territorial governments. The 14 ministers seek to achieve positive environmental results, focusing on national issues.
