Thoughts on Groundwater Valuation: Economic Methods & Issues. Kristin E. Skrabis Office of Policy Analysis US Department of the Interior April 2005. Disclaimer.
Kristin E. Skrabis
Office of Policy Analysis
US Department of the Interior
The views expressed do not necessarily represent the formal policy positions of the US Department of the Interior, the Office of Policy Analysis, or the US government.
There are several possible categories of damages for groundwater, including:
Aquifer: a mysterious, magical and poorly defined area beneath the surface of the earth that either yields or withholds vast or lesser quantities of standing/flowing water, the quantity and/or quality of which is dependent on who is describing it…or how much money may be at stake.
- Russ Radden, “Watershed Resources,” January 2002
The water-diamonds paradox: Water is a necessity, so why are diamonds more expensive than water?
The area is rich in water, so who cares?
Good old days: Beer foamed and drinking water didn't.
When the well is dry, we learn the worth of water.
- Benjamin Franklin
Does a jug of water or pumping water from another aquifer satisfy the concept of replace, acquire, or restore under NRDAR?
Water is the only drink for a wise man. - Henry David Thoreau
I never drink water because of the disgusting things that fish do in it.
- WC Fields
Other options include:
Not a drop to drink.
What could happen if we don’t figure out how to cost-effectively restore or replace billions of gallons of contaminated groundwater,
Haul in the 10 billion trillion trillion (a one followed by 34 zeros) carat diamond from 50 light-years away and solve the water-diamonds paradox.
An artist's conception of the diamond core of a dead