Aboriginal research coalition externalities associated with energy production: Types, measures and integration

A system that has evolved to determine the environmental externalities associated with energy generation is described. The system involves identification and understanding of the activity being considered (power generation from a specific type of plant), effects such as air pollution, measures such as pollution control that can influence the levels of the preceding effects, the resources affected, impacts on human resource uses, and the values humans place on the use of the resources. Considerations in estimating external costs are then discussed. These include property rights, air emissions, electromagnetic fields, pollution control effectiveness and costs, valuation of air emissions, water quality and quantity, effects on fisheries and recreational activities, and effects of dams and inundation. A least-cost, or integrated management process, selects the combination of electricity supply and demand sources that have the least social cost. Total externality costs are estimated, based on emissions or effects from each source multiplied by unit costs, and control measures selected. The external costs are combined with the usual fixed and variable cost calculations to provide a total social cost measure. This monetization procedure allows a complete accounting of all costs to society on an equal basis. 53 refs., 4 figs