14
T. Soomere
Fig. 1.3 The Baltic Sea marine protected areas (BSPA). Courtesy of HELCOM. From
http://www.helcom.fi/environment2/biodiv/en_GB/bspas/
We further extend this observation by noting that in the context of remote impact
of some accidents, the cost of the consequences (e.g., of a ship accident) and accompanying oil pollution also depends at which offshore point the oil has been released.
This cost is realized later, when it becomes evident whether or not the pollution
actually hits some valuable or vulnerable area. Therefore, tagging some sea areas
(e.g., the nearshore) with a price label naturally yields an associated distribution of
costs of otherwise similar accidents but occurring at different locations. The cost of
T. Soomere
Fig. 1.3 The Baltic Sea marine protected areas (BSPA). Courtesy of HELCOM. From
http://www.helcom.fi/environment2/biodiv/en_GB/bspas/
We further extend this observation by noting that in the context of remote impact
of some accidents, the cost of the consequences (e.g., of a ship accident) and accompanying oil pollution also depends at which offshore point the oil has been released.
This cost is realized later, when it becomes evident whether or not the pollution
actually hits some valuable or vulnerable area. Therefore, tagging some sea areas
(e.g., the nearshore) with a price label naturally yields an associated distribution of
costs of otherwise similar accidents but occurring at different locations. The cost of