Munich Personal RePEc Archive

Valuing environmental health for informed policy-making

Máca, Vojtěch and Melichar, Jan and Ščasný, Milan and Braun Kohlová, Marketa (2017): Valuing environmental health for informed policy-making. Published in: Reviews on Environmental Health , Vol. 32, No. 1-2 (2017): pp. 171-175.

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Abstract

Monetized environmental health impact assessment helps to better evaluate the environmental burden of various economic activities. Apart from limitations and uncertainties in physical and biological science used in such assessments, assumptions taken in economic valuation may also substantially influence subsequent policy-making considerations. To demonstrate the effect of these considerations in quantitative terms we show how estimated external costs of coal mining and use of extracted coal in electricity and heat generation vary under different policy-making perspectives and choice of monetary values for impacts in different countries.

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