Prevention, Cleanup, and Reuse Benefits from the Federal UST Program

Robin R. Jenkins, Dennis Guignet and Patrick Walsh

No 201405, NCEE Working Paper Series from National Center for Environmental Economics, U.S. Environmental Protection Agency

Abstract: This paper attempts to comprehensively identify all relevant benefit categories associated with prevention and remediation of releases from underground storage tanks (USTs), as well as from reuse of formerly (or potentially) contaminated UST sites. The benefit categories include improvements in human health, ecosystem services, aesthetics, recreational opportunities, and land productivity. A qualitative explanation of each benefit category is provided and examples of UST sites associated with each is offered. The suggestion is not that all the categories are associated with all UST sites. Instead, there is a great deal of variability across sites, as illustrated by four case studies presented in this paper’s appendix. The paper also offers background information on the problem of UST releases, as well as descriptions of the regulatory program and the population of regulated systems and facilities.

Keywords: contaminated sites; contamination; land cleanup; land reuse; leaking underground storage tanks; LUST; qualitative benefits (search for similar items in EconPapers)
JEL-codes: D61 Q24 Q53 Q58 (search for similar items in EconPapers)
Pages: 35 pages
Date: 2014-11, Revised 2014-11
New Economics Papers: this item is included in nep-agr
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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