Discuss and illustrate the issues involved in the assessment of environmental feasibility of a project
Discuss and illustrate the issues involved in the assessment of environmental feasibility of a project. Ans. The effects of actions that are not accounted for in the normal market transactions need to be considered explicitly in the decision making process on projects. These effects are to be identified, assessed, and evaluated against the economic advantages arising out of a given action. In this context, the environmental impact appraisals are considered the first step in the process because they give an opportunity to man to consider the effects of his actions on the environment. Economic development is the result of the interaction between natural resources and technology supported by and designed for people. People are the centre for development. Therefore, it is rightly said that all human activity, be it economic, social or anything else is essentially directed at satisfying “needs” and “wants” of man through “altering” and “using” environmental resources. Types an...
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