Environmental Economics

A Technical Analysis of Economic-Based Regulation in Environmental Rulemaking

The purpose of this paper is to evaluate the potential for using economics in the rulemaking processes set out in environmental legislation. The report uses the phrase "economic-based regulation" to capture the essential characteristics of the many uses of economics in environmental rulemaking including cost/benefit analyses and industry studies. It reviews seven environmental statutes and identifies the wide range of junctures in the decision-making process where economic-based regulation could play an important role. The statutes are the Clean Air Act (CAA), the Clean Water Act (CWA), the Safe Drinking Water Act (SDWA), the Resource Conservation and Recovery Act (RCRA), the Toxics Substances Control Act (TSCA), the Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA), and the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA).

  • Keywords

    2. Cost-Benefit and Cost Effectiveness Analysis
    2. Cost-Benefit and Cost Effectiveness Analysis - Major Programs and Media
    2. Cost-Benefit and Cost Effectiveness Analysis - Incentives and Related Approaches
    2. Cost-Benefit and Cost Effectiveness Analysis - Methodology
    Environmental Media:
    a. Air
    b. Water
    c. Land
    d. Chemicals
    Dower, Roger C.
    Henderson, Timothy
    Marvin, Mary Jean
    Reed, Phillip D.
    Ritts, Leslie Sue
    Trauberman, Jeffrey
    EPA Project Officer/ Manager:
    Carlin, Alan
    Geographic Area:
    United States
    Study Purpose:
    Methodology Development & Evaluation, Policy Evaluation
    Inventory Record #: EE-0199
  • Participating Organizations

    Research Organization:

    Environmental Law InstituteAddress: 1616 P Street NW Suite 200
    City: Washington State: DC ZIP:
    Phone: Fax:
    Funding Organization:
    Environmental Protection Agency, Office of Program Planning and Evaluation,
    Office of Policy Analysis
    City: Washington State: DC ZIP: 20460
    Phone: Fax:
  • Report Details
    Number of Pages:
    Grant/Contract #:
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    Date Linked: 05/28/2009