Daily Question 2015.10.21 (EIA Discussion): 3 Wealth points for replies, plus 5 Wealth points for correct answers (multiple-choice question)

Thread Content

In environmental economic cost-benefit analysis, it is necessary to estimate the ( ) of environmental protection measures for construction projects. A. Cash flow B. Investment costs C. Operating costs D. Environmental benefits. Answer: BCD. Explanation: The focus here is on understanding the application of economic evaluation methods in environmental impact assessment. Chapter 14, Section 1, P425: The economic evaluation of the environmental impact of construction projects is based on evaluations of environmental impacts such as those on the atmosphere, water, noise, and ecology. Only after the evaluation results for each environmental factor are available can an economic evaluation of the environmental impact be carried out on that basis. The economic benefit and cost assessment of the environmental impact of construction projects includes two parts: the economic assessment of the environmental impact of the construction project and the economic benefit and cost assessment of environmental protection measures. The economic evaluation of environmental protection measures involves estimating the investment costs and operating costs associated with such measures, as well as the benefits they bring. This is done in order to compare various environmental protection measures and select those with lower costs. The economic justification of environmental protection measures cannot replace the economic cost-benefit analysis of the environmental impact of a construction project.