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WSP08945
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Last modified
1/26/2010 2:50:19 PM
Creation date
10/12/2006 3:22:41 AM
Metadata
Fields
Template:
Water Supply Protection
File Number
8030
Description
Section D General Compact Issues - US Water Resources Council
State
CO
Basin
Statewide
Date
12/1/1971
Author
US Water Resources C
Title
Summary - Obers Review Meetings - Held July 1971 - RE-Economic Activity in the US by Water Resources Region and Subarea-Historic and Projected-1929-2020
Water Supply Pro - Doc Type
Report/Study
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<br />00291? <br /> <br />Within the OBERS projections we could have a fleterioration <br />in the envir9~.ment, with an increase in economic a.ctivity. This <br />implies that expenditures to maintain the environmenta will be <br />held at present levels. Presumably, this outcome would not be <br />permitted because of the current state of public opinion. <br /> <br />Alternatively we could have a maintenance of the environment <br />at its present level of desirability with an increase in economic <br />activity. This implies that expenditures to maintain the environ- <br />ment will be .increased sufficiently to maintain the environmental <br />status quo. <br /> <br />Finally we could have an improvement of the environment <br />beyond its present condition with an increase in economic activity <br />this implies that expenditures to maintain the environment will.be <br />sharply increased to improve the environmental situation. <br /> <br />~I\';{.~ <br />.~ ~~" <br />~i .~~ <br />~:- - ;B~ <br />;,tf.-..~ <br />~l~ <br /> <br />~y."...:(~ <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />~, <br />~il <br /> <br />-. -~ <br /> <br />If all the projected growth in economic activity were devoted <br />to an increase in the quantity of life, the cost in deterioration of <br />the quality of life might be extreme.. <br /> <br />And if all the projected growth in economic activity we.re <br />devoted to an improvement in the quality of life, the decline in <br />the qu.a!ltity of economic goods might be extreme. <br /> <br />The trade off point one might prefer as an individual probably <br />depends upon his position in the income distribution -or at least <br />upon his chance of having to bear added price or tax incidence. <br /> <br />G. Inflation <br />Should not an assumption be made about inflation? <br />The projections have been made in deflated dollars. There <br />is no evidence that inflation has an effect on the regional distribution <br />of economic activity. <br /> <br /> <br />x <br />)?:~ <br /> <br /> <br /> <br /> <br /> <br />~ <br /> <br />-,.--,"-",,'-. <br />~~~~;:~~~~ <br /> <br />.11~.~""D'.~~~~f'2~'ii~~lIt.~ <br /> <br />H. National Industry Projections <br />1. Industrial Analysis <br />What industry analyses were made to <br />in the projection of the historic trends. <br /> <br />substantiate modification <br /> <br />The petroleum refining industry is the only one in which a <br />modification was considered necessary. Because of automation <br />of refining plants, the earnings in that industry declined from <br /> <br />8 <br />
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