Basics
- Puget Sound Indicator Name
- Financial damages from oil spills
- Progress Indicator
- Dollar ($)
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- Topics
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No Reporter Selected
- Contributing Partners
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- Last Updated
- 9/22/2023 12:59:04 PM
Map
Description
Total estimated cost ($) of oil spill damages via Natural Resource Damage Assessments
Progress Indicator Chart
No reported data available
Although Puget Sound has experienced relatively few major oil spills over the past several decades, a major oil spill is inherently a low-probability, high-impact risk to Puget Sound's valuable natural, cultural, and economic resources. Preventing spills from happening in the first place is by far the most cost-effective and ecologically-sound approach.
This Progress Indicator tracks the cumulative financial impact of oil spilled into Puget Sound waters, as estimated through Natural Resource Damage Assessments (NRDA). NRDA do not cover all financial impacts of oil spilled (e.g., impacts to small businesses, roadways, etc. are not included in the estimation); however, NRDA give us a useful ruler to understand regional progress in decreasing damages from oil spills through prevention and mitigation of spills.
Key Progress Indicator Results
This Progress Indicator is currently under development.
Methods
- Monitoring Program
Department of Ecology Spills Preparedness, Prevention, and Response Program
- Data Source
Department of Ecology Spills Preparedness, Prevention, and Response Program data
- Critical Definitions
Natural Resource Damage Assessments (NRDA): tool Dept. of Ecology and other natural resource trustees use to restore, recover, or protect natural resources and habitats affected by contamination.
Interpretation of Results
Datasets
No datasets uploaded.
Reporting Guidance
- Reporting Instructions
Subcategories
No Subcategories for this Puget Sound Indicator.