Valuing Nature Waste Removal in the Offshore Environment Following the Deepwater Horizon Oil Spill

The offshore and deep-sea marine environment provides many ecosystem services (i.e., benefits to humans), for example: climate regulation, exploitable resources, processes that enable life on Earth, and waste removal. Unfortunately, the remote nature of this environment makes it difficult to estimat...

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Main Authors: Travis W. Washburn, David W. Yoskowitz, Paul A. Montagna
Format: Article
Language:English
Published: Frontiers Media S.A. 2018-12-01
Series:Frontiers in Marine Science
Subjects:
Online Access:https://www.frontiersin.org/article/10.3389/fmars.2018.00477/full
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author Travis W. Washburn
David W. Yoskowitz
Paul A. Montagna
author_facet Travis W. Washburn
David W. Yoskowitz
Paul A. Montagna
author_sort Travis W. Washburn
collection DOAJ
description The offshore and deep-sea marine environment provides many ecosystem services (i.e., benefits to humans), for example: climate regulation, exploitable resources, processes that enable life on Earth, and waste removal. Unfortunately, the remote nature of this environment makes it difficult to estimate the values of these services. One service in particular, waste removal, was examined in the context of the Deepwater Horizon oil spill. Nearly 5 million barrels of oil were released into the offshore Gulf of Mexico, and 14 billion dollars were spent removing about 25% of the oil spilled. Using values for oil spill cleanup efforts, which included capping the wellhead and collecting oil, surface combustion, and surface skimming, it was calculated that waste removal, i.e., natural removal of spilled oil, saved BP over $35 billion. This large amount demonstrates the costs of offshore disasters, the importance of the offshore environment to humans, as well as the large monetary values associated with ecosystem services provided.
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spelling doaj.art-59aa9ca037a447f38e8341579e1992ec2022-12-22T00:54:31ZengFrontiers Media S.A.Frontiers in Marine Science2296-77452018-12-01510.3389/fmars.2018.00477414745Valuing Nature Waste Removal in the Offshore Environment Following the Deepwater Horizon Oil SpillTravis W. WashburnDavid W. YoskowitzPaul A. MontagnaThe offshore and deep-sea marine environment provides many ecosystem services (i.e., benefits to humans), for example: climate regulation, exploitable resources, processes that enable life on Earth, and waste removal. Unfortunately, the remote nature of this environment makes it difficult to estimate the values of these services. One service in particular, waste removal, was examined in the context of the Deepwater Horizon oil spill. Nearly 5 million barrels of oil were released into the offshore Gulf of Mexico, and 14 billion dollars were spent removing about 25% of the oil spilled. Using values for oil spill cleanup efforts, which included capping the wellhead and collecting oil, surface combustion, and surface skimming, it was calculated that waste removal, i.e., natural removal of spilled oil, saved BP over $35 billion. This large amount demonstrates the costs of offshore disasters, the importance of the offshore environment to humans, as well as the large monetary values associated with ecosystem services provided.https://www.frontiersin.org/article/10.3389/fmars.2018.00477/fulldeep seaecosystem servicesbiodegradationoil removalcleanup costsoil fate
spellingShingle Travis W. Washburn
David W. Yoskowitz
Paul A. Montagna
Valuing Nature Waste Removal in the Offshore Environment Following the Deepwater Horizon Oil Spill
Frontiers in Marine Science
deep sea
ecosystem services
biodegradation
oil removal
cleanup costs
oil fate
title Valuing Nature Waste Removal in the Offshore Environment Following the Deepwater Horizon Oil Spill
title_full Valuing Nature Waste Removal in the Offshore Environment Following the Deepwater Horizon Oil Spill
title_fullStr Valuing Nature Waste Removal in the Offshore Environment Following the Deepwater Horizon Oil Spill
title_full_unstemmed Valuing Nature Waste Removal in the Offshore Environment Following the Deepwater Horizon Oil Spill
title_short Valuing Nature Waste Removal in the Offshore Environment Following the Deepwater Horizon Oil Spill
title_sort valuing nature waste removal in the offshore environment following the deepwater horizon oil spill
topic deep sea
ecosystem services
biodegradation
oil removal
cleanup costs
oil fate
url https://www.frontiersin.org/article/10.3389/fmars.2018.00477/full
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AT paulamontagna valuingnaturewasteremovalintheoffshoreenvironmentfollowingthedeepwaterhorizonoilspill