Friday, August 24, 2012

Environmental Valuation & Cost-Benefit News: Environmental ...

The least that I can do is CAIR*

Benefit-cost analysis be darned:
The fallout has begun just one day after a federal appeals court scrapped a major EPA rule designed to curb long-distance drifting power plant pollution ? and Louisville?s air quality may pay the price.
A Western Kentucky utility told the Kentucky Public Service Commission Wednesday that it intends to abandon pollution controls that would have allowed it comply with the U.S. Environmental Protection Agency?s Cross-State Air Pollution Rule, also known as the transport rule.?
Henderson-based Big Rivers Electric Cooperative, which owns and operates four generating stations and a 1,266-mile transmission system, could save its customers about $225 million by dropping pollution controls required for the transport rule, said Marty Littrel, cooperative spokesman.
via www.courier-journal.com
Stavins and Schmalensee conclude:
Existing studies providing estimates of the Transport Rule?s benefits and costs consistently find that benefits outweigh costs, on a national basis, often by a wide margin.
*With apologies to Kid Rock.? Environmental Economics Blog http://www.env-econ.net

Source: http://www.envirovaluation.org/2012/08/environmental-economics-blog-on-fallout.html

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