Why We Can Do Better than New Source Review

Hsu Shi-Ling

The Economists' Voice, 2006, vol. 3, issue 8, 5

Abstract: The Clean Air Act requires "New Source Review" -- the installation of specific state-of-the-art pollution control equipment when and only when a new polluting plant is constructed, or a "modification" is undertaken on an existing plant. Shi-Ling Hsu argues that this "grandfathering" policy slows the replacement of old plants with new, more efficient, and less polluting ones.

Date: 2006
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DOI: 10.2202/1553-3832.1115

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