The Environmental Protection Agency's estimate of the costs associated with implementing numeric nutrient criteria in Florida's waterways was significantly lower than many stakeholders expected. This discrepancy was due, in part, to the fact that the Environmental Protection Agency's analysis considered only the incremental cost of reducing nutrients in waters it considered "newly impaired" as a result of the new criteria-not the total cost of improving water quality in Florida. The incremental approach is appropriate for this type of assessment, but the Environmental Protection Agency's cost analysis would have been more accurate if it better described the differences between the new numeric criteria rule and the narrative rule it would replace, and how the differences affect the costs of implementing nutrient reductions over time, instead of at a fixed time point. Such an analysis would have more accurately described which pollutant sources, for example municipal wastewater treatment plants or agricultural operations, would bear the costs over time under the different rules and would have better illuminated the uncertainties in making such cost estimates.

The Environmental Protection Agency's estimate of the costs associated with implementing numeric nutrient criteria in Florida's waterways was significantly lower than many stakeholders expected. This discrepancy was due, in part, to the fact that the Environmental Protection Agency's analysis considered only the incremental cost of reducing nutrients in waters it considered "newly impaired" as a result of the new criteria-not the total cost of improving water quality in Florida. The incremental approach is appropriate for this type of assessment, but the Environmental Protection Agency's cost analysis would have been more accurate if it better described the differences between the new numeric criteria rule and the narrative rule it would replace, and how the differences affect the costs of implementing nutrient reductions over time, instead of at a fixed time point. Such an analysis would have more accurately described which pollutant sources, for example municipal wastewater treatment plants or agricultural operations, would bear the costs over time under the different rules and would have better illuminated the uncertainties in making such cost estimates.

Phosphorus is an essential plant nutrient, but global population growth has dramatically reduced the availability of phosphorus fertilizer resources. Despite this scarcity, there remain numerous problems associated with the excessive and inappropriate use of phosphorus leading to non-point source pollution and eutrophication of natural waters. Identifying appropriate systems for managing soil phosphorus and reducing the risks of eutrophication are needed to minimize the environmental risks. This book focuses on the availability and recycling of phosphorus; regulatory and policy issues of sustainable phosphorus use; and water quality management in agroecosystems pertaining to phosphorus. Sections are dedicated to global phosphorus reserves; cycling and pathways of phosphorus; phosphorus in agriculture; human dimensions and policy intervention; and research and development priorities. Phosphorus is a finite but crucial resource and is an essential element to all life. Sub-optimal availability and nutrient imbalance in the root zone can adversely impact plant growth, and the quality of food and feed grown on these soils. However, the proven reserves of phosphorus can hardly be adequate for a few centuries only. Yet, its misuse and mismanagement has caused severe problems of eutrophication of water and pollution of the environment. Thus, judicious management of soil phosphorus is essential. This volume is specifically devoted to availability and recycling of phosphorus, regulatory/policy issues of sustainable use of phosphorus, and management in agroecosystems in the context of maximizing the use efficiency and minimizing the environmental risks of water quality.

This book provides a comprehensive review of environmental benefit transfer methods, issues and challenges, covering topics relevant to researchers and practitioners. Early chapters provide accessible introductory materials suitable for non-economists. These chapters also detail how benefit transfer is used within the policy process. Later chapters cover more advanced topics suited to valuation researchers, graduate students and those with similar knowledge of economic and statistical theory and methods. This book provides the most complete coverage of environmental benefit transfer methods available in a single location. The book targets a wide audience, including undergraduate and graduate students, practitioners in economics and other disciplines looking for a one-stop handbook covering benefit transfer topics and those who wish to apply or evaluate benefit transfer methods. It is designed for those both with and without training in economics