Abstract:

The value of water means different things to different people. For example, consumers care about how much their water bill is each month. However, for different levels of government, the value takes on dissimilar meanings depending on the governmental entity (local, regional, or country). Incorporating costs of retrieval and processing are a key to good water policy. Location and timing are also important factors impacting the valuation of water. For instance, in times of scarcity the value goes up. Therefore, a mechanism needs to be put in place that can help improve the water policy process at all levels and under all conditions. Outlined within this review is the importance of incorporating emergy into that analysis, since it helps with the decision making process by integrating the variables from the entire water process including retrieval, purification, and distribution.

Keywords:

Emergy, Water Costs, Water Policy.

How to Cite:

Richard J. Kish. Emergy and Water Policy. Review of Economics and Finance. [ref]: vol.18.2020. available at: https://refpress.org/ref-vol18-a1/