Dealing with stormwater runoff in urban areas is a problem that is getting bigger and more expensive. As we cover porous surfaces with impervious structures-commercial buildings, parking lots, roads, and houses-finding places for rainwater and snowmelt to soak in becomes harder. Addressing a huge knowledge gap from a policy perspective, this volume focuses on the economic tools available for stormwater runoff control. It addresses the true costs and benefits of stormwater management practices and examines the incentives that can be used to encourage their adoption. The book provides case studies demonstrating the application of various incentives, such as tradable allowances and fees with rebate. It also presents the theory behind the different mechanisms used and illustrates successes and potential obstacles to implementation. The contributors are primarily concerned with the sociodemographic and economic aspects of people's participation in stormwater runoff control.
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Hale W. Thurston is an economist in the U.S. Environmental Protection Agency’s National Risk Management Research Laboratory in Cincinnati, Ohio. He received his PhD in Economics from the University of New Mexico, a Master’s in International Affairs from Ohio University, and a Bachelor’s degree in English Literature from Bates College. His research currently focuses on nonmarket valuation of natural resources in the policy arena and the use of market incentives to promote low-impact development. He has been especially active in a research study that looks at the use of rain gardens and rain barrels to reduce the impacts of stormwater runoff. Dr. Thurston worked on a reforestation campaign and a beekeeping project in the Peace Corps in the Dominican Republic. He currently resides in Cincinnati with his wife and two fantastic kids.
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