This study, prepared at the request of the Office of Earth Science at the U.S. National Aeronautics and Space Administration (NASA), describes a general framework for conceptualizing the value of information and illustrates how the framework might be used to value information from earth science data collected from space. The framework serves two purposes. One purpose is provision of a common basis by which to conduct and evaluate studies of the value of earth science information that serves a variety of uses, from improving environmental quality to protecting public health and safety. The second purpose is to better inform decisionmakers about the value of data and information. Decisionmakers comprise three communities: consumers and producers of information, public officials whose job is to fund productive investment in data acquisition and information development (including sensors and other hardware, algorithm design and software tools, and a trained labor force), and the public at large.
Using the Social Cost of Carbon to Value Earth Observing Systems
Presented at the RFF-CMCC European Institute
Resources Radio: Energy Inefficiency, with RFF's Joshua Blonz
Host Daniel Raimi and Joshua Blonz, a postdoctoral fellow at RFF, talk about his recent research on an energy efficiency program in California, the...
Ecosystem Valuation and Hydropower Licensing Decisions: Lessons from the FERC Experience
The Federal Energy Regulatory Commission considered, and then rejected, using non-market valuation methods for comparing ecosystem values to hydro-electric power values when making dam licensing decisions. Instead, FERC instituted a deliberative and decentralized stakeholder negotiation process as a way to compare and make tradeoffs between environmental values and power production when making licensing decisions.