Updated June 21 with latest documents released by the BDCP.
There has been much posted and written about the economic analyses for the Bay Delta Conservation Plan, and if all of it is spinning your eyeballs, you’re not alone. Here’s a recap of posts, fact sheets and other useful things related to the BDCP economic analysis that has been posted so far:
Benefit-Cost Analysis, from the Concise Encyclopedia of Economics: Start here if you’re a little unfamiliar with benefit cost analysis for infrastructure projects. This article contains a useful discussion on things such as determining willingness to pay, valuing environmental benefits and other concepts that are important to understanding these reports.
The economic analysis reports
Here are the reports and fact sheets that have been produced so far:
Public Draft BDCP Chapter 9 – Alternatives to Take – Often spoken about in presentations, there is an economic analysis included in chapter 9 that examines the costs and benefits to the water contractors only; it is a narrow analysis and generally is not the broader statewide economic impact study that most people are debating.