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<br />E. Enoch" oD Obiectives <br /> <br />.treams, :Qmnber of people, and 10 on. The nonmonetary mealure. <br />must include appropriate qualitative dimenlionlll. <br /> <br />For each alternative p1o..D" there will be a ..l:omplete display or <br />accounting 01 rel~\....nt bene1icial and adverle e{fech on the national <br />economic. development and environmenb.l quality objectives. <br />Alternative pIano will be lormul&ted to o'Plimize their cODtri'Q.utions <br />to the two objectives. <br /> <br />2.. Incidence of bendicial acc;l. advene eUect.. The distribution among <br />groupll and time of 'beneficial and adve:ne eHech is an i.mporb.nt c:on- <br />siden"tion in the evaluation of plans. Tholle groups who are affected <br />bya plan Inould be ide:DtilJed. Those who are benefited or adveuely <br />aHected by a 'Plan may be located within the planning area or region, or <br />they may be in an area or region IJTUnediat.ely adjacent, or they may be <br />in di8tant regions whic:b are noncontiguou. with the p~nning area. The <br />beneficial and adverse eHectll nu.y aho occur irrunediately or In the <br />(uture in any of the area. or region.. Tbese arc discu.sed in ddail <br />in section m. " <br /> <br />Beneficial and adverse el!ects are me~sured in both moneb.ry and <br />nonmon~tary ternll. EstiInatin.S these bene(ieial and adver.o eUeds <br />h undertaken in order to mea.ure and display in appropri.a!:.e oIccounts <br />the net changes with respec:t to partlcuiar objectives that are generated <br />by"alternative plOilns. <br /> <br />The priorities and preferen.cel of t.b~ various individuah afEected <br />will vary and. accordingly, ther~ will likely hot be full agreement <br />among 01.11 a!!e"cte<i on whether certatn e~lects are beneficial or" adver.e <br />or on the relative trade o!b between objectives. r:sowever. when any <br />plan is re.commended from among alternative plans, there is an <br />implicit expreS9ion 01 what i. considered to he the affected group's <br />priorities and pre!erencell. <br /> <br />3. With and without analysis. In planning water and land. resources, <br />beneficial and adverso effects of a proposed plan should be measured by <br />compa-rins: the estimated conditioDII with the plan with tbe conditlons <br />expected without the plan. ThuI, in addition to projecting the beneficial <br />I and advene efEects expected with the plan in operation, it is nece8sary <br />to project tbe conditions likely to occtlr in the absencl!I ot oil plan. <br />:Economic:, locial, and envirOIUTlental conditioD8 are not ltatiC, and <br />changes will occur even witho~t a plan. Only the new or additional <br />change. that can be anticipated as a result of a pro'Posed plan should <br />be attribut.ed as beneficial and adv~rl~ ~fl~ctlll of the plal:l. <br /> <br />Effects on some componenta o.f tbe objectives are generOillly regard. <br />ed"l favorable. These include, for cxarnph,; pi~s in IULtion.al output. <br />For other objectives and components, however, preferencel will dif{er. <br />This will certainly be true of ao~e'o! the components making up the <br />enviroIUTlental quality objective. For !iuch icsta.nce., 'Planning provides <br />information whIch should ucilitate planning decisionll and reduce con- <br />fiict over 8uch decisioDs. <br /> <br />4. Monetary beneficial eHectl. For mOlny goods and services the <br />conventiOnal nu.rket mechanism or simulation the reo! provides a valid <br />mea8uro f?f exc:ba:Dge v.sluel, eJl:pres~ed in monetary teTms. The value8 <br />determined by the lJ'larket may need adjustment to account for imperfect <br />market condItion.. Contributions to national economic development <br />arid the incomo component o( regional development are of the monetary <br />type of beneficial effocts. In addition, certain component. o! tbe environ- <br />mental quality objective ca,:" be analy~ed in terms of monetary values. <br /> <br />1. Relationship o! bene!ic:ial and adverse effects to objectives. <br />Bene.ficial and adve!,se ef{ects will be identified for Notional e.conomic <br />dn.etopment and environmental quality objec:tivu and will be displayed. <br />Also, aince bene.ficial and adveree effects may be of a monetary or <br />nonmonetary nature, they may be measured in dollan or in 'Physical, <br />biological, or otber quantitaUve units or qualitative terms as <br />appropriate. <br /> <br />S. Monetarv advene cUeds. Adveue effects result, jWlt a.a beneficial <br />effect, do, from the implementatioD of & parUcular plan. Values for <br />aome ad....erse eUech can be based On or derived from actual or simn. <br />lated m.arket 'Prices. For ~mple, the COlts of good. and services <br />used in conatruc:ting and operating Oil project or piilyn1ent for damages <br />even though no good. or lel'vices are being acquired can be deriv",d <br />from actUOill market pric:el. The 'Prices determined by the nu.rket may <br />Deed adjustment to account for imperfect marKet ~ondiUons. Some <br />adverse eHecta are Dot represented by actual cash ex-penditure.; but <br /> <br />The objectives are Dot mutually u:clusive with respect to beneficial <br />and adverse eUect.. Comparisons and evaluations ot: planl require <br />mealllurement or qUOilDtification of similar effects in ternu oi common <br />atand.ards. The se1ec:ted standard. nlaY be in term. of dollars, a.cres <br />of land, acre.(eet or .cubit_(eet-per_second of water, miles of traU. or <br /> <br />35 <br /> <br />36 <br /> <br />FEDERAL REGISTER, VOL. ~., NO. lT4-MONDAY, S1EPTEMIER 10, 1973 <br /> <br />~ <br />...., <br />." <br />a> <br /> <br />o <br />C> <br />c;) <br />c> <br />0> <br />-_I <br /> <br />z <br />o <br />... <br />n <br />m <br />'" <br />