Laserfiche WebLink
<br />. <br /> <br />. " <br /> <br />-10- <br /> <br />Options: <br /> <br />a. <br /> <br />Convert all environmental impacts to dollar values <br /> <br />by advancing the state of the art where possible, or <br /> <br />through the judgecental determinations of an independent <br /> <br />valuation board. <br /> <br />b. Strengthen administrative requireoents. for federal <br /> <br />water plans to express environmental impacts of <br /> <br />projects in dollars wherever feasible, without the <br /> <br />assignment of administratively determined values. <br /> <br />c. Develop standard indices to sucmarize and compare <br /> <br />environmental impacts, <br /> <br />d. Establish a uniform procedure to limit the amount of <br /> <br />environmental losses acceptable to obtain an economic <br /> <br />gain. <br />e. Expand and improve uniform measurement of environment~l <br />impacts by 1) interagency agreement and/or 2) independent <br />review board. <br /> <br />4. Problem: The discount rate for planning and evaluating water <br /> <br />projects (based on the Government's cost of long term <br /> <br /> <br />borrowing) has been criticized as being: <br /> <br /> <br />a, too unstable for orderly planning (has changed every <br /> <br /> <br />year since 1968). <br />