Alexandra L. Egan, B. Louise Chilvers, Sue Cassells
{"title":"Expected direct costs of an oil spill in a UNESCO World Heritage area in New Zealand","authors":"Alexandra L. Egan, B. Louise Chilvers, Sue Cassells","doi":"10.1111/1467-8489.12569","DOIUrl":null,"url":null,"abstract":"<p>Fiordland National Park is a UNESCO site located in the remote, southwest of New Zealand's South Island, which attracts hundreds of thousands of visitors every year. One of its leading attractions is Milford Sound. An oil spill in this area could not only impact the industries that operate in Milford Sound but also impact all of the park. To improve the knowledge base about this area in regard to oil spills and policies regarding ship visitation, this study aimed to estimate the costs of clean-up, impacts to fisheries, tourism, recreation and the wildlife/environment under three oil spill scenarios in Milford Sound. Minimum costs are estimated at NZD 140–154 million. These results demonstrate the need for proper planning and response measures, and appropriate domestic and international policies to help minimise the potential damages that may occur in the event of an oil spill in a remote and pristine area of New Zealand.</p>","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"68 3","pages":"608-627"},"PeriodicalIF":2.6000,"publicationDate":"2024-05-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Australian Journal of Agricultural and Resource Economics","FirstCategoryId":"96","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1111/1467-8489.12569","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"AGRICULTURAL ECONOMICS & POLICY","Score":null,"Total":0}
引用次数: 0
Abstract
Fiordland National Park is a UNESCO site located in the remote, southwest of New Zealand's South Island, which attracts hundreds of thousands of visitors every year. One of its leading attractions is Milford Sound. An oil spill in this area could not only impact the industries that operate in Milford Sound but also impact all of the park. To improve the knowledge base about this area in regard to oil spills and policies regarding ship visitation, this study aimed to estimate the costs of clean-up, impacts to fisheries, tourism, recreation and the wildlife/environment under three oil spill scenarios in Milford Sound. Minimum costs are estimated at NZD 140–154 million. These results demonstrate the need for proper planning and response measures, and appropriate domestic and international policies to help minimise the potential damages that may occur in the event of an oil spill in a remote and pristine area of New Zealand.
期刊介绍:
The Australian Journal of Agricultural and Resource Economics (AJARE) provides a forum for innovative and scholarly work in agricultural and resource economics. First published in 1997, the Journal succeeds the Australian Journal of Agricultural Economics and the Review of Marketing and Agricultural Economics, upholding the tradition of these long-established journals.
Accordingly, the editors are guided by the following objectives:
-To maintain a high standard of analytical rigour offering sufficient variety of content so as to appeal to a broad spectrum of both academic and professional economists and policymakers.
-In maintaining the tradition of its predecessor journals, to combine articles with policy reviews and surveys of key analytical issues in agricultural and resource economics.