Water is a very important component of life. There is more water than land on planet earth. but most of it is highly saline. There is much less freshwater, essential for human existence and for industrial processes and agriculture. and as population grows it is likely that good freshwater will be in increasingly short supply. Drought is ugly. The management of water has not been a priority in the past, but it is becoming increasingly more important. MDIA is a part of the framework of metrics that will facilitate better decisions in relation to water.
🔝+919953056974 🔝young Delhi Escort service Pusa Road
Multi-Dimensional Impact of Water Issues
1. MULTI DIMENSION IMPACT ACCOUNTING
File: MDIA-p3-04-WATER-150730.odp Peter Burgess (c) All rights reserved
MDIA
WATER
A COMPONENT OF NATURAL CAPITAL
2. EXPLANATION
This slideset is A WORK-IN-PROGRESS. It will be
upgraded periodically. It is part of a series of more than
50 slidesets. Navigation to all of these is available here:
FEEDBACK is welcome. Please email to Peter Burgess …
peterbnyc@gmail.com … with a catchy phrase in the
subject line so that it gets attention, and please identify
the specific slideset(s) involved. This explanation is
version v150801. The most current text is available at:
MULTI DIMENSION IMPACT ACCOUNTING
http://www.truevaluemetrics.org/DBadmin/DBtxt001.php?vv1=txt00010199
http://www.truevaluemetrics.org/DBadmin/DBtxt001.php?vv1=N1-Slidesets-p3
3. The IMPORTANCE of WATER
Without WATER, a person is dead
in less than three days. In a major
drought, plants die, then animals
and then people.
MULTI DIMENSION IMPACT ACCOUNTING
4. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
DROUGHT
Crops fail
5. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
DROUGHT
Water shortage in New Mexico
6. … the next slide shows how the
various water issues fit into the
True Value Impact Accounting
framework …
MULTI DIMENSION IMPACT ACCOUNTING
7. MULTI DIMENSION IMPACT ACCOUNTING
Sun
BOP
Sun
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
Rain
WATER EOP
River
Reservoir
Old water
Industrial
Irrigated
Agriculture
People
Use
Fresh
Water
Mined
Fresh
Water
Total
Fresh
Water
Into
Use
IN
IN
Polluted
Polluted
Water
Rain
River
Reservoir
Old water
Replenishment Rain / Water Flows
Resource
Depletion
Environmental
Degradation
Polluted
Polluted
Water
Polluted
Water
Fresh
Mining &
Industry
Fresh
Polluted
Water
8. The value of RESOURCE
DEPLETION associated with the
mining of old water that does not
replenish has to be quantified ...
MULTI DIMENSION IMPACT ACCOUNTING
9. The value of ENVIRONMENTAL
DEGRADATION associated with
the flow of polluted water into the
environment has to be
quantified ...
MULTI DIMENSION IMPACT ACCOUNTING
10. MULTI DIMENSION IMPACT ACCOUNTING
Sun
BOP
Sun
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
WATER EOP
Industrial
Irrigated
Agriculture
People
Use
Polluted
Polluted
Water
Rain
River
Reservoir
Replenishment Rain / Water Flows
Resource
Depletion
Environmental
Degradation
Polluted
Polluted
Water
Polluted
Water
Fresh
Mining &
Industry
Fresh
Polluted
Water
Water
from
regular
flows
People
Use
Drives
Everything
Net
Water
Use
Mined
old
water
BOP
Old water
EOP
Old water
11. PEOPLE drive everything
because both agriculture and
industry operate to produce the
food and 'stuff' needed to
maintain a modern lifestyle and
quality of life.
MULTI DIMENSION IMPACT ACCOUNTING
12. SO … what are the elements of the
WATER CYCLE?
Without WATER, a person is dead in less than
three days. In a major drought, plants die, then
animals and then people.
Huge amounts of water are needed to grow
almost everything.
Huge amounts of water are needed to make
almost everything.
MULTI DIMENSION IMPACT ACCOUNTING
13. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
DROUGHT
Crops fail
14. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
DROUGHT
Camel carcass … Horn of Africa
15. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
DROUGHT
Dead animals … Horn of Africa
16. The CHALLENGES
To use water in a more efficient way so that:
● We have water we need for people;
● We have water to grow what we need;
● We have water to produce what we need
To end water pollution from human activities:
● Runoff from agriculture;
● Effluent from urban areas;
● Wastewater from industrial activities;
● Domestic wastewater.
MULTI DIMENSION IMPACT ACCOUNTING
17. WATER, a product of NATURE
● Purified by natural systems;
● Historically a 'free' good;
● Now, increasingly there are shortages;
● Essential for all forms of life;
People die after 3 days with no water
● Huge amounts used in agriculture;
● Huge amounts used in industrial operations;
● And lots of wastewater and pollution issues
to be addressed
MULTI DIMENSION IMPACT ACCOUNTING
18. The next slide:
WATER …
Perhaps the most VALUABLE substance on
the planet.
MULTI DIMENSION IMPACT ACCOUNTING
19. MULTI DIMENSION IMPACT ACCOUNTING
WATER
DRINKING WATER
SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
SunSunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
20. The next 2 slides:
BOTTLED WATER …
One of the most PROFITABLE products on the
planet …
… as long as external negative IMPACTS are
ignored
MULTI DIMENSION IMPACT ACCOUNTING
21. MULTI DIMENSION IMPACT ACCOUNTING
WATER
BOTTLED WATER
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
22. MULTI DIMENSION IMPACT ACCOUNTING
WATER
BOTTLED WATER
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
23. The next slides:
Freshwater ...
● Lakes;
● Rivers;
● Rain.
Saltwater ...
● Oceans
MULTI DIMENSION IMPACT ACCOUNTING
“Water, water, everywhere … and not a drop to drink”
24. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
WATER - LAKES
25. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
WATER – RIVERS / STREAMS
26. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
WATER – RIVERS / STREAMS
27. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
WATER - RAIN
28. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
WATER - RAIN
29. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
WATER - OCEAN
30. The next slides:
Water Shortages
● Dry river in Pakistan;
● Nearly empty reservoir in California
● Collecting water in North Kenya;
● Waiting for water in Myanmar.
MULTI DIMENSION IMPACT ACCOUNTING
31. MULTI DIMENSION IMPACT ACCOUNTING
WATER
WATER SHORTAGE
Pakistan … 2009
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
32. MULTI DIMENSION IMPACT ACCOUNTING
WATER
WATER SHORTAGE
California … 2014
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
33. MULTI DIMENSION IMPACT ACCOUNTING
WATER
COLLECTING WATER
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
34. MULTI DIMENSION IMPACT ACCOUNTING
WATER
COLLECTING WATER
Myanmar … 2011
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
36. MULTI DIMENSION IMPACT ACCOUNTING
WATER
FLOODS
Myanmar … 2011
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
37. MULTI DIMENSION IMPACT ACCOUNTING
WATER
FLOODS
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
38. The next slides:
Flood control measures
● River Thames in London;
● Dam in China;
● Dam in USA.
MULTI DIMENSION IMPACT ACCOUNTING
39. MULTI DIMENSION IMPACT ACCOUNTING
WATER
FLOOD CONTROL
Thames barrage
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
40. MULTI DIMENSION IMPACT ACCOUNTING
WATER
FLOOD CONTROL
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
41. MULTI DIMENSION IMPACT ACCOUNTING
WATER
FLOOD CONTROL
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
42. 2 ISSUES …
● Quantity of water
● Quality of water
MULTI DIMENSION IMPACT ACCOUNTING
44. WATER is an amazing solvent …
and this is a huge problem
because water dissolves both
good things and very bad things.
MULTI DIMENSION IMPACT ACCOUNTING
45. WATER POLLUTION comes from:
Personal use … gray water;
Storm water run off;
Agriculture run off;
Industrial process effluents;
Industrial process leakages;
Abandoned mines;
Seepage from land fill (waste).
MULTI DIMENSION IMPACT ACCOUNTING
46. WATER POLLUTION examples ...
● Polluted rivers … solid waste;
● Industrial waste water;
● Abandoned mines runoff;
● Deforestation;
● Sediment laden river in China
MULTI DIMENSION IMPACT ACCOUNTING
47. MULTI DIMENSION IMPACT ACCOUNTING
WATER
RIVER POLLUTION … SOLID WASTE
River Ganges in IndiaSunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
48. MULTI DIMENSION IMPACT ACCOUNTING
WATER
INDUSTRIAL WATER POLLUTION
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
49. MULTI DIMENSION IMPACT ACCOUNTING
WATER
ABANDONED MINE RUN-OFF
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
50. MULTI DIMENSION IMPACT ACCOUNTING
WATER
DEFORESTATION
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
51. MULTI DIMENSION IMPACT ACCOUNTING
WATER
SEDIMENT LADEN RIVER
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
53. MULTI DIMENSION IMPACT ACCOUNTING
ELEMENTS OF WATER TREATMENT
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
54. MULTI DIMENSION IMPACT ACCOUNTING
NATURAL WATER TREATMENT
REMEDIATING ABANDONED MINE DRAINAGE
Pennsylvania
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
55. MULTI DIMENSION IMPACT ACCOUNTING
Sun
BOP
Sun
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
EOPWater enters a stream … but is this clean water?
56. The WATER dimension of the
socio-enviro-economic system
depends on the characteristics of
the water sources in the PLACE
… the rainfall, the streams and
rivers, the aquifers and their
replenishment.
MULTI DIMENSION IMPACT ACCOUNTING
57. PROCESSES that use WATER
should be efficient in the context
of the PLACE.
Post PROCESS water should not
pollute the environment.
MULTI DIMENSION IMPACT ACCOUNTING
58. Next … WATER CYCLE graphics ...
MULTI DIMENSION IMPACT ACCOUNTING
59. MULTI DIMENSION IMPACT ACCOUNTING
WATER
WATER FLOW
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
60. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
61. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
62. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
63. MULTI DIMENSION IMPACT ACCOUNTING
Values in 1000 cubic km/yr
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
64. MULTI DIMENSION IMPACT ACCOUNTING
Values in 1000 cubic km/yr
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
Nitrogen cycle
65. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
66. MULTI DIMENSION IMPACT ACCOUNTING
Link to: University-of-Michigan ... The-Global-Water-and-Nitrogen-Cycles
WATER CYCLE
A very readable paper about the WATER CYCLE
is this from the University of Michigan …
67. The STOCK of WATER
Cubic Kilometers
Rocks (not usable)
Oceans (97.4% of usable water)
Ice
Groundwater
Lakes and Rivers
Atmosphere (vapor)
MULTI DIMENSION IMPACT ACCOUNTING
150,000,000
1,350,000,000
27,500,000
15,300,000
25,000
13,000
68. MULTI DIMENSION IMPACT ACCOUNTING
SunSun
BOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
EOP
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
A huge amount of water … but most is not potable
69. IF ½ OF THE ICE MELTED, this
would result in a 26.2 metre rise
in sea level … about 86 feet!
Cubic Kilometers
Total ice
50% of ice =
Square kilometers
Surface area of the oceans
Metres
Sea level rise (average)
MULTI DIMENSION IMPACT ACCOUNTING
27,500,000
13,750,000
360,000,000
26.2
71. The main uses for WATER:
Personal use … hydration;
Personal use … washing, cooking, etc;
Personal use … landscaping, etc;
Agriculture … irrigation;
Agriculture … livestock husbandry;
Industrial process … manufacturing;
Natural process support;
Water transport losses;
MULTI DIMENSION IMPACT ACCOUNTING
72. The main sources of WATER:
Rain, rivers and surface reservoirs;
Underground aquifers;
Deep old water aquifers;
Desalination systems.
MULTI DIMENSION IMPACT ACCOUNTING
73. Unlike oil and gas, there is no
'man built' system of logistics to
move water around the world.
MULTI DIMENSION IMPACT ACCOUNTING
74. Transport of water is readily
justified based on value … but not
easily justified with the cost and
pricing constructs that are usually
used in financial analysis*
MULTI DIMENSION IMPACT ACCOUNTING
* See MDIA discussion on Bottled Water
76. So … how to do the accounting
for impact for water?
MULTI DIMENSION IMPACT ACCOUNTING
77. The amount paid for water is in
the financial accounts.
It is likely that the quantity of
water going into the process is
also recorded as a 'memo' item.
MULTI DIMENSION IMPACT ACCOUNTING
78. It is less likely that the quantity of
water leaving the process is
recorded.
Both the quantity of the water
leaving the process and the
quality of the water is required.
MULTI DIMENSION IMPACT ACCOUNTING
79. The IMPACT is a function of these
PROCESS parameters:
… the consumption of fresh water
i.e. fresh water in less water out;
… the quantity of the water out;
… and the quality of the water out.
MULTI DIMENSION IMPACT ACCOUNTING
80. The IMPACT is also a function of
water sources in the PLACE:
The availability of water from sources that
are replenished naturally (local rain,
rivers etc.)
The stocks of ancient water that may
be mined
MULTI DIMENSION IMPACT ACCOUNTING
81. And the IMPACT is also a function
of water needs in the PLACE:
The essential needs for PEOPLE use;
Less less essential needs for PEOPLE;
The needs of AGRICULTURE;
The needs of INDUSTRY.
MULTI DIMENSION IMPACT ACCOUNTING
82. … the next slide is a graphic that
puts much of this into the MDIA
framework …
MULTI DIMENSION IMPACT ACCOUNTING
83. MULTI DIMENSION IMPACT ACCOUNTING
Sun
BOP
Sun
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
Rain
WATER EOP
River
Reservoir
Old water
Industrial
Irrigated
Agriculture
People
Use
Fresh
Water
Mined
Fresh
Water
Total
Fresh
Water
Into
Use
IN
IN
Polluted
Polluted
Water
Rain
River
Reservoir
Old water
Replenishment Rain / Water Flows
Resource
Depletion
Environmental
Degradation
Polluted
Polluted
Water
Polluted
Water
Fresh
Mining &
Industry
Fresh
Polluted
Water
84. The value of RESOURCE
DEPLETION associated with the
mining of old water that does not
replenish has to be quantified ...
MULTI DIMENSION IMPACT ACCOUNTING
85. … and the reason for the
agriculture and the industrial
production is so that PEOPLE
have the food and 'stuff' they
need to maintain their lifestyle.
MULTI DIMENSION IMPACT ACCOUNTING
86. MULTI DIMENSION IMPACT ACCOUNTING
Sun
BOP
Sun
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
WATER EOP
Industrial
Irrigated
Agriculture
People
Use
Polluted
Polluted
Water
Rain
River
Reservoir
Replenishment Rain / Water Flows
Resource
Depletion
Environmental
Degradation
Polluted
Polluted
Water
Polluted
Water
Fresh
Mining &
Industry
Fresh
Polluted
Water
Water
from
regular
flows
People
Use
Drives
Everything
Net
Water
Use
Mined
old
water
BOP
Old water
EOP
Old water
87. Next step … QUANTIFICATION
The next step is to quantify the VALUE of old
water that is mined … the quantification of
resource depletion; and
To quantify the IMPACT or VALUE
DESTRUCTION associated with fresh water
becoming contaminated.
There are 1012
litres in a cubic kilometer of water
A US gallon equals approximately 3.785 litres.
MULTI DIMENSION IMPACT ACCOUNTING
88. Units of Measure …
There are 1012
litres in a cubic kilometer
A US gallon equals approximately 3.785 litres
MULTI DIMENSION IMPACT ACCOUNTING
89. Water Value depends on the
situation …
… and the situation varies from place
to place and the STATE of the water
in the place.
MULTI DIMENSION IMPACT ACCOUNTING
90. WATER DEPLETION
If the VALUE (TrueValueWater or 'tvw') of water
is defined as follows:
The value of 1 (one) litre of fresh water = 1tvw
Then the VALUE of resource depletion in tvw
will be the product of:
Number of litres mined X 1
MULTI DIMENSION IMPACT ACCOUNTING
91. WATER DEGRADATION
When the cost of remediating degraded water
to fresh is $5 per litre
Then the IMPACT of resource degradation will
be:
Litres degraded X $5
MULTI DIMENSION IMPACT ACCOUNTING
92. AND …
When toxic water gets into freshwater
(watershed or groundwater) the IMPACT may
be quantified by reference to the amount of
water impacted and the cost of full
remediation of this amount of water
Litres impacted X ($ remediation cost/litre)
MULTI DIMENSION IMPACT ACCOUNTING
93. AND …
To the extent that toxic water contaminates
freshwater (watershed or groundwater) the
IMPACT may also be quantified by reference
to the amount of land impacted, the amount of
groundwater impacted and the people
population impacted.
This is important because many business operations choose
to ignore these matters when they are in remote locations
with weak regulatory regime
MULTI DIMENSION IMPACT ACCOUNTING
94. AND in addition …
To the extent that toxic water reaches
estuaries and other important ecosystems and
natural habitats, the IMPACT should be
quantified by reference to the damage being
done to ALL the living systems.
MULTI DIMENSION IMPACT ACCOUNTING
95. AND lastly …
To the extent that toxic water reaches the
oceans the IMPACT should be quantified by
reference to the damage being done to this
ecosystem.
MULTI DIMENSION IMPACT ACCOUNTING
96. SOME INTERIM OBSERVATIONS:
It is urgent that some form of numbering and
quantification is applied to water … the flow
and the state.
The idea of 'standard values' can help in the
quantification process … this is an important
next step … stay tuned!
MULTI DIMENSION IMPACT ACCOUNTING
97. REMINDER
This slideset is A WORK-IN-PROGRESS. It will be
upgraded periodically. It is part of a series of more than
50 slidesets. Navigation to all of these is available here:
FEEDBACK is welcome. Please email to Peter Burgess …
peterbnyc@gmail.com … with a catchy phrase in the
subject line so that it gets attention, and please identify
the specific slideset(s) involved. This explanation is
version v150801. The most current text is available at:
MULTI DIMENSION IMPACT ACCOUNTING
http://www.truevaluemetrics.org/DBadmin/DBtxt001.php?vv1=txt00010199
http://www.truevaluemetrics.org/DBadmin/DBtxt001.php?vv1=N1-Slidesets-p3
98. THANK YOU
Some links and contact information:
Peter Burgess … peterbnyc@gmail.com
Peter Burgess LinkedIn profile
https://www.linkedin.com/in/peterburgess1
Link to TrueValueMetrics.org website
http://www.truevaluemetrics.org/
Link to navigation to other slides in this series:
MULTI DIMENSION IMPACT ACCOUNTING
http://www.truevaluemetrics.org/DBadmin/DBtxt001.php?vv1=N1-Slidesets-p3