impact of one technology over another. Environmental valuation methods attempt to do this by estimating the overall ecosystem impact of a technology using currency or “willingness to pay” as the unit to integrate across types of impacts. Impact categories included in environmental valuation methods typically relate to damages to humans, ecosystems, and resources. ExternE (European Commission, 1997) and Eco-indicator 99 (Pre Consultants, 2007a) are examples of environmental valuation methods used in Europe.
The main criticism of environmental valuation methods is of the step where disparate effects of LCAs are weighted and normalized into a single value per technology. Often the development of a single value is not adequate to capture the complexities of a technology, and metrics like “willingness to pay” can vary over time. For this reason we limit our discussion to LCA results.
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