tag:blogger.com,1999:blog-33644323.post6359652016306521627..comments2023-11-02T09:02:29.847+00:00Comments on Globalisation and the Environment: Arctic National Park and OIL: An Economic PerspectiveAnonymoushttp://www.blogger.com/profile/08649345297844206449noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-33644323.post-73469006038892775452007-09-27T17:47:00.000+01:002007-09-27T17:47:00.000+01:00It is break-even only by construction. Their thou...It is break-even only by construction. Their thought experiment is to see "how big" WTA estimates have to be to justify saving ANWR. Thus they find that if people are willing to accept an average of $1,141 per person to allow drilling that is the amount at which society breaks even. The question then becomes "is WTA that high or higher?" If so, we shouldn't drill. If not, we should.Anonymousnoreply@blogger.com