ABSTRACT
Groundwater is a vitally important resource and as its use increases, the available supply is depleted, creating a ripple effect of impacts on both the environment and the economy that need to be disseminated to a larger audience of students and practitioners. This second edition of Groundwater Economics accomplishes just that.
This two-volume set is a comprehensive work focused on the economic values of groundwater resources and use, and it reinforces the need for a strong economic rationale in decision-making relating to that use. This new edition includes a new chapter on sustainability as well as updating all chapters with a focus on sustainability. It thoroughly explains the economic value of groundwater for sustainable use and needs, with practical examples, and includes thirteen new and updated case studies on the economics of groundwater data for decision-making. It also addresses both local and regional groundwater economic choices through a series of applications at an international level.
This set, written by a sustainability professional with decades of experience in managing groundwater use and protection, is written for other professionals as well as students, who need to understand and evaluate water resources and mange their use from a variety of sustainable approaches.
Volume I. An Introduction to the Economics of Groundwater. Groundwater in the Ecosystem. Groundwater in the Economy. Groundwater Law. Microeconomics and Groundwater Markets. Groundwater Access and Supply: Wells, Aquifer Recharge, and Natural Infrastructure. Groundwater Quality Treatment and Waste Disposal. Groundwater Consumption for Health and Food. Mineral Extraction, Geothermal Exchange and Manufacturing. Competing Uses and Value of Groundwater and the Subsurface Environment. Sustainable Development Concepts. Sustainable Groundwater Resources Management
Volume II. Introduction to Groundwater Economic Analysis. Cost, Benefit, Price, and Value of Groundwater in Market and Nonmarket Settings. Groundwater Policy and Projects. Economic Analysis of Groundwater Policy and Projects. Life-Cycle Cost Benefit Analysis. Transboundary, International, and Climate Change Considerations. Macroeconomic Perspective. Groundwater in the Future Balance. Case Studies in Groundwater Economics
