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Environmental Costs.pdf

regulations-2018december-10.pdf

🔗 Source: institute.smartprosperity.ca

📊 Size: 1.32 MB

📄 Pages: 26 pages

⬇️ Downloads: 99

Summary

Environmental regulations are often overestimated to cost more than they actually do, with costs sometimes being overestimated by a factor of 10 or more. The benefits of these regulations, including social and environmental benefits, often outweigh the costs. Evidence from case studies, such as the Light Duty Vehicle Greenhouse Gas Emissions and Standards, Sulphur in Gasoline Regulations, and the Clean Air Act, show that compliance costs are often lower than predicted. Inaccurate cost and benefit estimates can lead to inefficient or ineffective environmental policy design, and it is essential to have balanced and credible analysis of the cost of environmental regulations to design policy that is more efficient, effective, and equitable.

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Description

Environmental regulations are often overestimated to cost more than they actually do, with costs sometimes being overestimated by a factor of 10 or more.

Technical Information

File Format: PDF
File Size: 1.32 MB
Pages: 26
Language: EN
Total Downloads: 99
Last Updated: 1 week ago

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This PDF document about Environmental Costs provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into Environmental Costs.