A Note on Trasande et al., “Public Health and Economic Consequences of Methylmercury Toxicity to the Developing Brain”
Charles Griffiths,
Al McGartland and
Maggie Miller
No 280848, National Center for Environmental Economics-NCEE Working Papers from United States Environmental Protection Agency (EPA)
Abstract:
In 2005, EPA promulgated the Clean Air Mercury Rule (CAMR) to permanently cap and reduce mercury emissions from coal-fired power plants. During the final stages of promulgating this rule, an article was published by Trasande et al. that raised some issues regarding how to measure benefits from reducing mercury. Using one of the models presented by Trasande, we introduce the assumptions that the EPA used in its CAMR analysis and discuss the implication of introducing these assumptions. The impact of introducing all of the EPA assumptions except for those related to discounting would decrease the estimated monetized impact of anthropogenic emissions in the Trasande model by 81% and would decrease the estimated impact of U.S. sources (including power plants) by almost 97%. Including discounting decreases Trasande’s estimate of global impacts by 88%, and decreases the impact of American and U.S. power plant impacts by 98%.
Keywords: Health; Economics; and; Policy (search for similar items in EconPapers)
Pages: 29
Date: 2006-04
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Persistent link: https://EconPapers.repec.org/RePEc:ags:nceewp:280848
DOI: 10.22004/ag.econ.280848
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