Socio-economic and Environmental Transformations in a Context of Sectoral and Industrial Ecology: The Case of the Chad - Cameroon Pipeline
Asian Journal of Economics, Business and Accounting · pp. 66–76 · Published 23 Sep 2022
10.9734/ajeba/2022/v22i2330737Abstract
This study examines the balance of power, generally convenient to operating companies that threaten life on our planet and hamper the concept of sustainable development. The Contingent Assessment Method (CAM) is used to determine the Willingness To Pay (WTP) by the neighbouring populations. Data collection in the field highlights the preferences expressed by residents in the ecological zones crossed by the PCC (Pipeline Chad Cameroon). The effects of this operation are mainly negative for locals and their area of residence. For instance residents are restrained to more on agropastoral activities rather than other farming activities thus reducing their income, destruction of yards with water storages thus resulting to certain diseases such as STIs and tuberculosis. On the other hand, the pipeline mainly benefits the operating company which realizes super-profit. It is important to emphasize that big projects, such as oil and mining projects are a guarantee to sustainable development in the economical, social and environmental sector.
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