Calculating Cost-Benefit Analysis of the HTB

Abstract

On June 2002, Huis Ten Bosch (HTB) authority had published the Huis Ten Bosch Environmental Accounting Report: 1992–2001. Here they calculated the total cost of the HTB project for environment friendly amenities until March 2002 (see Table 9.1 for details). Table 9.1 summarizes the main headings of this environmental cost-benefit analysis. We can see from this estimation that the total environmental costs incurred since the inception of HTB is estimated about ¥49 billion yen including the establishment and operating costs. Against these environmental costs, HTB received a total of about ¥23 billion benefits. But as HTB authority claims and we also agree with them that, these costs for environmental purpose not only brought benefits to HTB, but also to the society. Now the question is how to measure these benefits.