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Defining Groundwater Remediation Objectives with Cost-benefit Analysis: Does It Work?

Author

Listed:
  • Jean-Daniel Rinaudo

    (BRGM - Bureau de Recherches Géologiques et Minières)

  • Stéphanie Aulong

    (BRGM - Bureau de Recherches Géologiques et Minières)

Abstract

The use of cost-benefit analysis (CBA) is increasingly advocated as a tool for supporting water planning decisions, in particular at the local (site) level. This paper questions whether CBA is relevant for evaluating groundwater management options at the scale of large regional aquifers. It highlights the difficulties related to estimating the cost of groundwater protection and remediation measures at the regional (water body) level. It also identifies methodological challenges in estimating the economic value of the benefits of groundwater protection. The paper is based on an original case study carried out on the upper Rhine valley aquifer in eastern France. The methodology deployed combines engineering approaches to assess the cost of remediation and economic methods (contingent valuation) to estimate the benefits associated with groundwater improvement.

Suggested Citation

  • Jean-Daniel Rinaudo & Stéphanie Aulong, 2014. "Defining Groundwater Remediation Objectives with Cost-benefit Analysis: Does It Work?," Post-Print hal-00934930, HAL.
  • Handle: RePEc:hal:journl:hal-00934930
    DOI: 10.1007/s11269-013-0483-0
    Note: View the original document on HAL open archive server: https://hal.science/hal-00934930
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    References listed on IDEAS

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    5. Edwards, Steven F., 1988. "Option prices for groundwater protection," Journal of Environmental Economics and Management, Elsevier, vol. 15(4), pages 475-487, December.
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    Citations

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    Cited by:

    1. Joaquin Ameller & Jean-Daniel Rinaudo & Corinne Merly, 2020. "The contribution of economic science to brownfield redevelopment: a review," Post-Print hal-02532209, HAL.
    2. Philippe Coent, 2023. "Payment for environmental services related to aquifers: a review of specific issues and existing programmes," Review of Agricultural, Food and Environmental Studies, Springer, vol. 104(3), pages 273-310, December.
    3. Pierre-Alexandre Mahieu & Romain Craste & Bengt Kriström & Pere Riera, 2014. "Non-market valuation in France: An overview of the research activity," Working Papers hal-01087365, HAL.
    4. Corentin Girard & Jean-Daniel Rinaudo & Manuel Pulido-Velazquez, 2015. "Index-Based Cost-Effectiveness Analysis vs. Least-Cost River Basin Optimization Model: Comparison in the Selection of a Programme of Measures at the River Basin Scale," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 29(11), pages 4129-4155, September.
    5. Koo, A Mi & Kim, Ju-Hee & Yoo, Seung-Hoon, 2022. "Household willingness to pay for a smart water metering and monitoring system: The case of South Korea," Utilities Policy, Elsevier, vol. 79(C).

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    More about this item

    Keywords

    Cost-benefit analysis; Groundwater remediation; Contingent valuation survey; Volatile organic compounds (VOC); Willingness to pay;
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