New PDF release: Approaches for Ecosystem Services Valuation for the Gulf of

The unheard of importance of the Deepwater Horizon oil spill provides major demanding situations for oil spill responders and people tasked with assessing the affects of the spill. comparing adjustments to surroundings services—the advantages humans obtain from common assets and processes—caused by means of the oil spill may perhaps extend the capability to trap and cost the entire breadth of affects to the surroundings and the general public. This file assesses the tools and metrics that can aid scientists successfully assessment atmosphere companies.

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Additional info for Approaches for Ecosystem Services Valuation for the Gulf of Mexico After the Deepwater Horizon Oil Spill: Interim Report (2011)

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Each habitat provides distinct services that need to be accounted for in any valuation of the impacts of the Deepwater Horizon oil spill. The geographic, oceanographic, and ecological contexts of the GoM LME are discussed in Chapter 1. , its various organisms) and the physical and biological organization defining how those parts are organized (NRC, 2005a). The Gulf of Mexico has recently been estimated to contain in excess of 15,000 species exclusive of microbes (Felder and Camp, 2010). Ecosystem function: A process that takes place in an ecosystem as a result of the interactions of plants, animals, microorganisms, and their environment.

2005). 3). The northward extent of the Loop varies by 400 km over the span of roughly a year, at times extending north to the outer shelf of Louisiana, Mississippi, Alabama, and the Florida Panhandle. During this northward extension, the Loop “pinches” west of Key West and forms an eddy (henceforth referred to as an “LCE,” Loop Current Eddy) of 150-400 km in diameter. Eventually the LCE migrates to the west at about 2-5 km d–1. After a journey of several months it collides with the western Gulf shelf where it slowly decays over the course of a year.

Alternatively value can be measured by, what an individual would be willing to accept for less of the good or service. For ecosystem services that are provided to the public at large, the value of a change in the ecosystem service would be found by summing up the estimated values across all individuals affected by a change in the provision of the service. This aggregated value would then represent an overall societal value that occurs because of a change in the ecosystem. Economists have several methods that may be used to determine the value of particular ecosystem services.

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