New York Subpoenas Energy Companies Over Claims About Gas Wells – NYTimes.com

New York Subpoenas Energy Companies Over Claims About Gas Wells – NYTimes.com.

S.E.C. Subpoenas Energy Companies for Records on Shale Gas Wells – NYTimes.com

S.E.C. Subpoenas Energy Companies for Records on Shale Gas Wells – NYTimes.com.

Report: Drilling providing little help to Susquehanna County economy | Press & Sun-Bulletin | pressconnects.com

Report: Drilling providing little help to Susquehanna County economy | Press & Sun-Bulletin | pressconnects.com.

Chesapeake to start deducting some costs from royalty checks

 

 

Chesapeake to start deducting some costs from royalty checks

Posted Wednesday, Aug. 10, 2011

About 20,000 royalty owners who have Barnett Shale natural gas leases with Chesapeake Energy will likely see their royalty checks slashed by roughly 25 percent after the company deducts expenses associated with post-production, such as gas gathering, compression and transportation.

The actual percentage and dollar amount decreases in royalty checks will vary monthly based on natural gas prices, post-production costs and output from wells.

Affected royalty owners were notified of the new company policy in recent letters. The changes took effect with July royalty checks that were based on May production, according to Julie Wilson, Chesapeake vice president for urban development and the top executive in its Fort Worth regional office.

Barnett Shale | Dallas Business, Texas Business, Fort Worth Business, American Airlines, Barnett Shale, Radio Shack, Consumer News | Star-Telegram.com.

asahi.com(朝日新聞社):Negative publicity overseas pummels agricultural exports – English

asahi.com(朝日新聞社):Negative publicity overseas pummels agricultural exports – English.

Hydrofracking a boom-bust endeavor – Times Union

Hydrofracking a boom-bust endeavor – Times Union.

Potential-water-impacts.pdf Ron Bishop 7/20/11

poetntial-water-impacts.pdf (application/pdf Object).

 

Shale Gas Industry Impacts on Water Quality Finger Lakes Institute  7/20/11

 

Natural Capital Project – InVEST

Natural Capital Project – InVEST.

 

Tool Downloads

 

InVEST 2.1 Includes

  • Lands and waters:
  • Biodiversity
  • Carbon
  • Hydropower
  • Water purification
  • Reservoir sedimentation
  • Managed timber production
  • Crop pollination
  • Oceans and coasts:
  • Wave energy
  • Coastal vulnerability
  • Marine fish aquaculture
  • Aesthetic quality
  • Overlap analysis: fisheries-recreation
  • Habitat risk assessment

InVEST: Integrated Valuation of Ecosystem Services and Tradeoffs

© 2011 Natural Capital Project

The Need for a New Tool

InVEST is a family of tools to map and value the goods and services from nature which are essential for sustaining and fulfilling human life.

*UPDATE* Now includes models for COASTAL and MARINE ecosystem services.

If properly managed, ecosystems yield a flow of services that are vital to humanity, including the production of goods (e.g., food), life support processes (e.g., water purification), and life fulfilling conditions (e.g., beauty, recreation opportunities), and the conservation of options (e.g., genetic diversity for future use).

Despite its importance, this natural capital is poorly understood, scarcely monitored, and, in many cases, undergoing rapid degradation and depletion.

InVEST enables decision-makers to assess the tradeoffs associated with alternative choices and to identify areas where investment in natural capital can enhance human development and conservation in terrestrial, freshwater, and marine ecosystems.

Questions InVEST can Answer

How will a new coastal management plan impact seafood harvest, renewable energy production, and protection from storms?

Conservation organizations can use InVEST to align their missions to protect biodiversity with activities that improve human livelihoods.

Where would reforestation or protection achieve the greatest downstream water quality benefits?

Corporations, such as bottling plants, timber companies, and water utilities, can use InVEST to decide how and where to make investments to protect their supply chains.

Which parts of a watershed provide the greatest carbon sequestration, biodiversity, and tourism values?

Government agencies can use InVEST to help determine how to manage lands and waters to provide an optimal mix of benefits to people or to help design permitting and mitigation programs that sustain nature’s benefits to society.

For further information on tool development, the InVEST user forum, and to register for InVEST updates, go to: http://invest.ecoinformatics.org

Who Should Use InVEST

Governments, non-profits, and corporations manage natural resources for multiple uses and inevitably must evaluate trade-offs among these uses; InVEST’s multi-service, modular design provides an effective tool for evaluating these trade-offs.

How it Works

How InVEST Works

InVEST is most effectively used within a decision-making process that starts with stakeholder consultations.

Through discussion, questions of interest, management choices, and/or policy options are identified.

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Stakeholders develop spatial “scenarios” to show, for example, several alternative areas where fishing might be prohibited, where agricultural land might be converted to residential development, or where climate change is expected to affect precipitation and temperature patterns.

Scenarios typically include maps of potential future land use/land cover and/or marine habitats and ocean uses. These are critical inputs in all InVEST models.

Following stakeholder consultations and scenario development, InVEST can estimate how the current location, amount, delivery, and value of relevant services are likely to change in the future.

InVEST models are spatially-explicit, using maps as information sources and producing maps as outputs. InVEST returns results in either biophysical terms (e.g., tons of carbon sequestered) or economic terms (e.g., net present value of that sequestered carbon).

The spatial resolution of analyses is also flexible, allowing users to address questions at the local, regional or global scales.

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InVEST results can be shared with the stakeholders and decision-makers who created the scenarios to inform upcoming decisions. Using InVEST in an iterative process, these stakeholders may choose to create new scenarios based on the information revealed by the models until suitable solutions are identified.

InVEST models are based on production functions that define how an ecosystem’s structure and function affect the flows and values of ecosystem services. The models account for both service supply (e.g. living habitats as buffers for storm waves) and the location and activities of people who benefit from services (e.g. location of people and infrastructure potentially affected by coastal storms).

Since data are often scarce, the initial versions of InVEST offer relatively simple models with few input requirements. These models are best suited for identifying patterns in the provision and value of ecosystem services. With validation, these models can also provide useful estimates of the magnitude and value of services provided.

Technical Specifications

Currently, InVEST models run as script tools in the ArcGIS ArcToolBox environment. To run InVEST, you must have ESRI’s ArcGIS software. You will also need an ArcInfo level license to run one of the hydrology modules. Running InVEST effectively does not require knowledge of Python programming, but it does require basic to intermediate skills in ArcGIS.

© snakefisch - March 2005 - Hoover dam from plane (http://commons.wikimedia.org/wiki/File:Hoover_dam_from_air.jpg)

The tool is modular in the sense that you do not have to model all the ecosystem services listed, but rather can select only those of interest.

The User’s Guide steps you through installing and running the tools, provides some of the theory behind each model and describes the input data requirements and how to interpret output results. A set of sample data is also supplied so that you can use to get to know the models and how they work.

For further information on tool development, the InVEST user forum, and to register for InVEST updates, go to: http://invest.ecoinformatics.org

Valuation of ecosystem goods and services

Winkler_Valuation.pdf (application/pdf Object).

Valuation of ecosystem goods and services
Part 1: An integrated dynamic approach
Ralph Winkler ⁎
School of Politics, International Relations and the Environment, Keele University, Keele, Staffordshire ST5 5BG, United Kingdom
Research Center for Environmental Economics, University of Heidelberg, Germany
A R T I C L E I N F O A B S T R A C T
Article history:
Received 28 April 2005
Received in revised form
11 October 2005
Accepted 11 October 2005
Available online 22 November 2005
This is the first part of a two-part paper which offers a new approach to the valuation of
ecosystem goods and services. The existing literature on environmental valuation is based
on two distinct foundations. The ecological valuation methods derive values by a cost-ofproduction
approach. Their common characteristic is the neglect of consumer preferences.
The economic valuation methods focus on the exchange value of ecosystem services. Their
common characteristic is that they are finally based on consumer preferences, and do not
adequately take account of the complex internal structure of ecosystems.
As the existing methods for the valuation of ecosystem services emphasize either the
economic system or the ecosystem, the main objective of part 1 is to provide the conceptual
foundations for a new method of valuation of ecosystem services, which deals
simultaneously with the ecosystem, the economic system and society in a balanced way.
Within a simple pre-industrial model it is shown how the interdependencies between the
three subsystems influence values, and how values change over time.
© 2005 Elsev

Farber_et_al.Economic and ecological concepts for valuing ecosystem services

Farber_et_al.pdf (application/pdf Object).

SPECIAL ISSUE: The Dynamics and Value of Ecosystem Services: Integrating
Economic and Ecological Perspectives
Economic and ecological concepts for valuing ecosystem
services
Stephen C. Farber a,*, Robert Costanza b,1,3, Matthew A. Wilson c,2,3
a Graduate School of Public and International Affaris, Uniersity of Pittsburgh, Pittsburgh, PA 15260, USA
b Center for Enironmental Science and Department of Biology, Institute for Ecological Economics, Uniersity of Maryland,
Box 38, 1 Williams St., Solomons, MD 20688 -0038, USA
c Institute For Ecological Economics, Uniersity of Maryland, 0216 Symons Hall, College Park, MD 20742 -5585, USA
Abstract
The purpose of this special issue is to elucidate concepts of value and methods of valuation that will assist in guiding
human decisions vis-a`-vis ecosystems. The concept of ecosystem service value can be a useful guide when distinguishing
and measuring where trade-offs between society and the rest of nature are possible and where they can be made to
enhance humanwelfare in a sustainable manner. While win-win opportunities for human activities within the environment
may exist, they also appear to be increasingly scarce in a ‘full’ global ecological–economic system. This makes valuation
all the more essential for guiding future human activity. This paper provides some history, background, and context
for many of the issues addressed by the remaining papers in this special issue. Its purpose is to place both economic
and ecological meanings of value, and their respective valuation methods, in a comparative context, highlighting strengths,
weakness and addressing questions that arise from their integration. © 2002 Elsevier Science B.V. All rights reserved.
Keywords: Economic valuation; ecological valuation; ecological services; valuation
This article is also available online at:
http://www.elsevier.com/locate/ecolecon
1. Definitions
The terms ‘value system,’ ‘value’, and ‘valuation’
have a range of meanings in different disciplines.
In this paper, we provide a practical
synthesis of these concepts in order to address the
issue of valuation of ecosystem services. We want
to be clear about how we use these terms throughout
our analysis. ‘Value systems’ refer to intrapsychic
constellations of norms and precepts that
guide human judgment and action. They refer to
the normative and moral frameworks people use
to assign importance and necessity to their beliefs
and actions. Because ‘value systems’ frame how
people assign rights to things and activities, they
also imply practical objectives and actions. We
use the term ‘value’ to mean the contribution of
an action or object to user-specified goals, objectives
or conditions (Costanza, 2000). A specific
value of that action or object