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<br />!.:to"?:"." :->".; ~_;,!"'. . <br /> <br />_." _0. _. '.~.__ _ .f_'- <br /> <br />_.. _L. ,t <br /> <br />.....~ -. - . -"". . ~ <br />I <br /> <br />-5- <br /> <br />MULTI ACCOUNT APPROACH <br /> <br />The Westel"n States agl"ee that the beneficial and adverse effects of <br /> <br />I <br />possible water I"esour-ces development on national economic developrre nt. <br /> <br />,I"egtonal development, arid the environmental characteristics of the area <br /> <br />'undel" study should be identified. On the basis of that identification, decision- <br /> <br />makers IivUI be able to effect balanced development. The Standal"ds can be <br /> <br />intel"Pl"Elted to provide that once net benefits al"El displayed in the National <br /> <br />.Economic Development Account, and an altemative project is foNhulated <br /> <br />to emphasize an Environmental Quality. 01" Regional Development objective, <br /> <br />~~ <br /> <br />it is not necessal"Y that the National Economic Development benefit be in <br /> <br />'~ <br /> <br />. '~'~... <br /> <br />e)(cel!ls of National Economic Development costs.. The states agl"ee with <br /> <br />that intel"Pl"etation and feel it should be mol"e clearly stated. <br /> <br />. , The _tes also intel"Pl"Elt the Standal"ds to provide that projects " de- <br /> <br />" <br /> <br />,s~gned to meet Envil"Onmental and Regional Development objectives need not <br /> <br />~t the national efficiency concept. Again, we agl"Ele with this .intel"Pl"Eltation <br /> <br />and feel it si'lould be mOI"El clearly stated. <br /> <br />-:- .-"" -~.. . ~ <br /> <br />:.'t. <br /> <br />"-. <br /> <br />EFFECT ON EXTERNAL ECONOMIES <br /> <br />'-rhe Water Resources Councii is to be commended for including in <br /> <br />the $tl!ndards considel"ation of indirect, induced, secondary, and intangible <br /> <br />./. benefits and costs such as Induced productivity changes, employment of pl"esently , <br /> <br />. ., <br /> <br />une~ployed l"eSOUI"CeS, po~lation red.stl"ibutlon, and income redistribution. <br />