is 4. Date
AES Cotas

injury to the environment. The OLRC report quotes one source: “Contingent
valuation shows promise as a powerful and versatile tool for measuring the
economic benefits of the provision of non-marketed goods.......Other available
methous, in contrast, are capable of measuring only some of those benefits
and are iimited to valuing existing goods and existing quantity and quality
levels, anc’ researchers employing them must make a number of unverifiable
assumptions in the course of deriving benefit estimates from the available

data.” p.51)

In conclusion, there is an obvious need for complete environmental
ata collection so. the risk of loss can be adequately assessed and so response
can be better co-ordinated to limit this loss when the inevitable spill occurs.
Since we are dealing here with a ‘pre-damage’ assessment, there is the luxury
of having the environmental resources still here to study as opposed to
having to guess what was lost after the fact.

It is apparent that the cost of environmental damaze has been severely
undervalued in this report. Of all the categories of loss identified in the
study, environmental costs are arguably the most important in the minds of .
the public. By undervaluing in this area, the entire risk analysis is tainted
and thrown into question.

Sincerely,