Introduction : save EPA -- The costs of pollution -- The doer : power in implementation -- A balancing act : regulatory review -- Putting the profit motive to work : regulatory reform -- Are you tough enough? : deregulation -- Markets for bads : cap-and-trade and the new environmentalism -- Epilogue : the EPA and a changing climate.
Kneese examines issues surrounding benefits assessment, including such tools as bidding games, surveys, property value studies, wage differentials, risk reduction evaluation, and mortality and morbidity cost estimation. He discusses methods for quantitatively estimating benefits derived from the maintenance or improvement of air and water quality. Suitable for undergraduate classroom use. Originally published in 1984
Finding environmental economics to be a powerful, if imperfect, ally against such assaults, many environmental organizations softened their critiques of economic valuation and began to borrow the language and logic of economics to make their case. With this growing support from environmental organizations, EPA ushered in the commodification of pollution rights in the era of cap and trade. The inflection of contemporary environmental advocacy with economic measurement and value demonstrates the political utility of economics while also underscoring the foreclosure of an earlier environmentalism’s more radical questioning of the desirability of an unbounded market economy. At the same time, EPA continues to resist economists’ efforts to derive public preferences from market exchange, insisting that fundamental choices about underlying environmental value be made through the democratic process.
The authorities and responsibilities of the Environmental Protection Agency (EPA) derive primarily from a dozen major environmental statutes. This book provides a concise summary of one of those statutes, the Clean Air Act. It provides a brief history of federal involvement in air quality regulation and of the provisions added by legislation in 1970, 1977 and 1990. It also explains major authorities contained in the Act as well as key terms and references for more detailed information on the Act and its implementation.
"The goal of this book is to provide legal practitioners, consultants, and other interested individuals with an overview of the Clean Air Act and its implementing regulations"--