The Value of Clean Water: Evidence from an Environmental Disaster
Rodrigo Barbone Gonzalez,
José Renato Haas Ornelas,
Thiago Christiano Silva
Abstract:Clean water has a largely unknown economic value, particularly to small communities whose agricultural activities take place on river shores. In November 2015, the rupture of a mining tailings dam in the municipality of Mariana led to a record disposal of toxic residuals in southeast Brazil. A mud avalanche ran out for 600 km (373 miles) until it reached the Atlantic Ocean, leaving behind extreme ecological and economic damage in the Doce River basin. This is the largest environmental disaster in Brazil to dat… Show more
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