Contingent valuation
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Contingent valuation
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About this listen
We review the last four episodes of Energy Economics, but we still find that people expect things for nothing, and have no idea that if you don't earn money, you don't have it to spend. It is a basic fact of disposable income, but time and time again we are asked to do things free of charge. Recently, we launched the energy strategy in the Scottish Parliament, and so are firmly in control of the direction the energy market will take, as we negotiate our way through matters such as the Banniskirk development in the North of Scotland.
So, we start to look at how the environment is valued in economic terms.
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