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UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
Accounting for negative publicity in project economics. M.J.M. Holgate et al. Petrol. Technol., July 1997, 49(7), 719--723.
Reference is made to the negative publicity generated by Greenpeace's campaign regarding the Brent Spar. The method developed outlines a process for quantifying stakeholder pressure and potential negative publicity in the planning stages of potentially sensitive projects. The process provides a logical and transparent framework that encourages the exploration of these softer issues. It is designed to prove indicative, rather than definitive, values to show whether the inclusion of risk-assessed costs would alter the decision on the basis of conventional economics. The process also provides a guide for developing a consistent basis for decision making, checks the sensitivity of the development option to negative publicity, and highlights the cost critical areas. 4 refs.
