National Ambient Air Quality Standards (Naaqs) Brief

Media type: E-Book

Title: National Ambient Air Quality Standards (Naaqs) Brief

Contributor: Arrow, Kenneth J. [Author]; Baumol, William J. [Author]; Bailey, Elizabeth E. [Author]; Litan, Robert E. [Author]; Bhagwati, Jagdish [Author]; Boskin, Michael J. [Author]; Bradford, David F. [Author]; Crandall, Robert W. [Author]; Cropper, Maureen [Author]; DeMuth, Christopher [Author]; Eads, George [Author]; Friedman, Milton [Author]; Graham, John D. [Author]; Gramm, Wendy [Author]; Hahn, Robert W. [Author]; Joskow, Paul L. [Author]; Kahn, Alfred E. [Author]; Krugman, Paul R. [Author]; Lave, Lester [Author]; Lutter, Randall [Author]; MacAvoy, Paul W. [Author]; McCracken, Paul W. [Author]; Miller, James C. [Author]; Niskanen, William A. [Author]; Nordhaus, William D. [Author]; Oates, Wallace E. [Author]; Passell, Peter [Author]; Peltzman, Sam [Author]; Portney, Paul [Author]; Rivlin, Alice [Author]; Russell, Milton [Author]; Schmalensee, Richard [Author]; Schultze, Charles L. [Author]; Smith, V. Kerry [Author]; Solow, Robert M. [Author]; Stavins, Robert N. [Author]; Stiglitz, Joseph E. [Author]; Tyson, Laura D'Andrea [Author]; Viscusi, W. Kip [Author]; Weidenbaum, Murray [Author]; Yellen, Janet L. [Author]; Zeckhauser, Richard J. [Author]

Published: [S.l.]: SSRN, 2012

Extent: 1 Online-Ressource (23 p)

Language: English

DOI: 10.2139/ssrn.945378

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Footnote: Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments July 2000 erstellt

Description: As we understand it, the D.C. Circuit did not allow the EPA to consider the costs of complying with ozone and PM NAAQS. As we further understand it, this legal ruling can be overturned only by this Court. As economists, we believe that the D.C. Circuit's ruling not allowing the EPA to consider important information relating to the consequences of its regulatory actions is economically unsound. Without delving into the legal aspects of the case, we present below why we think the Court should allow the EPA to consider costs in setting standards. In particular, we believe that, as a general principle, regulators should be allowed to consider explicitly the full consequences of their regulatory decisions. These consequences include the regulation's benefits, costs, and any other relevant factors

Access State: Open Access

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