Cost-benefit analyses face major challenges of course in reaching an agreement as to what counts as cost and benefit and in evaluating the relative values of costs and benefits. Nevertheless, a cost-benefit framework brings into focus the factors that need to be considered in a decision process and draws attention to issues that require greater understanding to achieve consensus and implementation of a decision.
This article, written by Peter Law of Mandela University, appeared in "Science Trebds" online in December 2018. Read trhe full article at: https://sciencetrends.com/a-cost-benefit-analysis-of-wind-farms-and-wildlife-hazards/