This paper was presented at the `Building Environmental Externalities into Full-Cost Accounting' session. Transportation facility and system options were evaluated for the Greater Vancouver region, using the provincial Multiple Account Evaluation Guidelines in conjuction with the provincial transportation strategy and the Liveable Region Strategic Plan objectives. Monetized environmental externalities have been successfully included in the multiple account evaluation framework, consistent with the sustainable transportation principles in the provincial legislation on growth strategies and on environmental assessments. This paper shows the impact of the environmental accounts on the overall evaluation, using facility, system option and pricing examples from the regional plan. (A)
Abstract