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Economic Value of Water in the Green River Basin

Economic Value of Water in the Green River Basin. Ernie Niemi, ECONorthwest Watts and Associates Rio Verde Engineering Jeff Fassett Consulting. Major Elements. 1. Values of water in Wyoming 2. Independent, broad perspective Not linked to projects or policies

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Economic Value of Water in the Green River Basin

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  1. Economic Value of Water in the Green River Basin Ernie Niemi, ECONorthwest Watts and Associates Rio Verde Engineering Jeff Fassett Consulting

  2. Major Elements 1. Values of water in Wyoming 2. Independent, broad perspective • Not linked to projects or policies • All water-related goods and services • All relevant literature and data • Dispersed case studies 3. Products: final report and participation in symposium

  3. Ecosystems & Economic Values

  4. Ecosystem Functions … 1 Production and regulation of water. 2 Formation & retention of soil. 3 Regulation of atmosphere & climate. 4 Regulation of disturbances. 5 Regulation of nutrients and pollution. 6 Provision of habitat. 7 Production of food. • Production of raw materials.

  5. … Ecosystem Functions • Pollination. • Biological control. 11 Production of genetic & medicinal resources. 12 Production of ornamental resources. 13 Production of aesthetic resources. 14 Production of recreational resources. 15 Production of spiritual, cultural resources. 16 Production of scientific, educational resources.

  6. Analysis of Values

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