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The Australian Petroleum Industry and the Natural Environment

The Australian Petroleum Industry and the Natural Environment

Paperback

Business GeneralTechnology & Engineering

ISBN10: 3838310438
ISBN13: 9783838310435
Publisher: Lap Lambert Academic Pub
Published: May 31 2010
Pages: 88
Weight: 0.31
Height: 0.21 Width: 6.00 Depth: 9.00
Language: English
This study investigates how the environmental impacts of petroleum exploration and development can be addressed by applying Environmental Valuation. The Contingent Valuation (CV) method has been applied in a small scale study in relation to native vegetation removal and disturbance in the Cooper Basin of South Australia. This was the first recorded application of CV in a context of petroleum developments in Australia. Study results indicate that there is a potential for successful application of valuation techniques such as CV to address negative environmental externalities associated with petroleum developments.

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