In April 1983, the City and County of San Francisco, and two areas of irrigation in Merced and Stanislaus counties commissioned a feasibility study longtime Tuolumne River dam proposal for food and water. At the same time, a coalition of environmentalists, rafters, fishermen and residents of California known as the Tuolumne River Preservation Trust has been lobbying Congress to protect the river from further development under the federal Wild and Scenic Rivers Act. Dam supporters have issued several favorable cost-benefit studies, suggestions, and in June 1983, the Trust has asked economists at the Environmental Defense Fund to respond to these studies with the economic assessment of environmental case costs.This proposed dam is intended to provoke discussion on how to place economic value of environmental benefits, it would seem immaterial. The case is of particular attention on the measurement of user benefits, and special problems of computing the salience of non-users on the very existence of the environmental asset ("existence value") and the ability to use it someday ("value"). Also urgent is the problem of the discount over the life of long-term project. HKS Case Number 701.0. "Hide
by Joseph Kalt, Linda Kincaid, Jose Gomez-Ibanez 20 pages. Publication Date: January 1, 1989. Prod. #: HKS538-PDF-ENG
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