Forecasting Models and Value-Based Decisions

Author(s)

Annemarie Hofer

Abstract

Environmental Impact Assessments are required for major building projects, such as hydroelectric powerplants, to determine their potential impacts on public interests. These assessments balance the negative effects of negative impacts, such as habitat destruction, with positive effects like reduced CO2-emissions and energy security. However, forecasting models and scenarios can have uncertainties due to unavailable data or unknown developments. This contribution investigates the role of forecasting in Environmental Impact Assessments of hydroelectric powerplants in Austria, focusing on key aspects of hydroelectricity and the challenges of using models and scenarios in future-prone legal decision-making.

Organisation(s)

Department of Innovation and Digitalisation in Law

Journal

University of Vienna Law Review : VLR

Volume

7

Pages

69-87

ISSN

2521-3962

DOI

https://doi.org/10.25365/vlr-2023-7-1-68

Publication date

03-2024

Peer reviewed

Yes

Austrian Fields of Science 2012

505041 Environmental law

Sustainable Development Goals

SDG 13 - Climate Action, SDG 9 - Industry, Innovation, and Infrastructure

Portal url

https://ucrisportal.univie.ac.at/en/publications/forecasting-models-and-valuebased-decisions(7de95bc7-fa46-4c58-8923-e19a4b5eac85).html