TEA LAUNCHES EMERGY ANALYSIS CONSULTING SERVICES GROUP
Wednesday, January 16th, 2008Emergy Analysis is a formal methodology to equate economic worth of man-made structures, public services and assets to the services and assets provided by the environment. The economic value of natural resources is typically underestimated by classic economic analyses, which makes it difficult to justify the expenditures of large sums of monies for natural resource restoration projects for a perceived small return on investment. A full accounting of ecosystem services and the variable value of these services based on geographic position within the ecosystem construct must be identified if a true accounting of landscape value is to be determined. This accounting of economic values across a wide variety of resources, both man-made and natural, is achievable using the formal process of Emergy Analysis (Odum, 1996, 1998, 2000). Emergy accounting is particularly well suited for “public works” projects involving environmental restoration, and comparison of land use types.

Emergy (spelled with an “m”) is defined as a measure of the available energy required, directly and indirectly, to make a product or service. The quality of anything is measured by the emergy per unit and thus the real wealth of both man-made and environmental resources is measured directly. It is a way of calculating the value of both natural and man-made items on an equal basis and indicates their true contribution to the human economy. Emergy per unit of money measures real wealth buying power and is used to calculate emdollars, the economic equivalent used to compare ecosystem services.
TEA professionals have used Emergy Analysis in
