Valuation of Health Impacts of Air Pollution from Power Plants in Asia: A Practical Guide
Assigning a monetary value for air quality reduction and associated health outcomes of electricity generation is both difficult and essential. This paper reviews the Impact Pathway Approach for valuing health costs of air pollution.
From a practical point of view, conducting complete and detailed studies for every power plant project is not feasible. The paper recommends a streamlined methodology combining site-specific studies and benefit transfer for quick assessments. Strengthening available regulatory measures of pollution control and implementing a rigorous monitoring program to ensure installation and use of pollution control equipment are therefore welfare improving.
- Review of Methodology
- An Illustration