Environmental Policy Since Earth Day I: What Have We Gained?
Open Access
- 1 February 2002
- journal article
- Published by American Economic Association in Journal of Economic Perspectives
- Vol. 16 (1) , 125-146
- https://doi.org/10.1257/0895330027148
Abstract
I review the data on costs and benefits of the major environmental laws passed during the 1970s. The winners in terms of benefit-cost analysis include: getting lead out of gasoline; controlling particulate air pollution; reducing the concentration of lead in drinking water; and the cleanup of hazardous waste sites with the lowest cost per cancer case avoided under Superfund The losers include: mobile source air pollution control; water pollution control; and many of the regulations and cleanup decisions taken under the Federal Insecticide, Fungicide, and Rodenticide Act, the Toxic Substances Control Act, the Safe Drinking Water Act, and Superfund.Keywords
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