Attaching a value to the environment

摘要

Can a monetary value be placed on the environmental attributes of Australia's natural resources? A group of environmental economists are seeing if they can, using a technique called choice modelling. This technique will be developed to assess how thepublic values environmental goods. " "Policy makers are increasingly required to estimate the environmental impact of decisions about how natural resources, are used — in dollar terms," Associate Professor Jeff Bennett, of the University of New South Wales, says.