Abstract:
EPA's central mission is to carry out its various statutory directives to protect the nation's health, welfare, and environment from the risks posed by pollution. Because the nation's resources are limited, EPA seeks to the extent legally permitted to direct those resources towards the actions that will produce the greatest reductions in environmental risk. Benefit-cost analysis is one of the analytic tools that the Agency uses to help make these environmental decisions. This 1987 report examines the contributions made by and limitations of EPA's use of benefit-cost analysis. It analyses the statutory provisions that affect EPA's use of benefit-cost analysis in regulatory decision making and describes how EPA is working to improve future benefit-cost analyses. Includes executive summaries of 15 benefit-cost analyses discussed in the report.
JEL-codes:Q20 (search for similar items in EconPapers) Date: 1996-02-16 Note: This paper (114 pages, 402K) is formatted as a Portable Document Format (PDF) file. File may be downloaded with Adobe Acrobat Reader installed on computer or workstation.