Abstract
In the past, consideration of environmental and social impacts of electricity generation were often confined to the Environmental Impact Statement (EIS) and siting processes and focused upon the existence of impacts, mitigation strategies and costs, and whether acceptable levels of externalities could be reached to allow operation of a facility in a selected location. Today, the emphasis has expanded to quantify the social value (damage) of externalities that may remain even after siting regulations are met. Resource selection decisions are then based upon total social costs rather than just financial costs.
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Rowe, R.D., Lang, C. (1994). Observations on Extending the Set of Externalities to be Quantified. In: Hohmeyer, O., Ottinger, R.L. (eds) Social Costs of Energy. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-85120-9_22
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DOI: https://doi.org/10.1007/978-3-642-85120-9_22
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