Cost Benefit Analysis
Comments due by Oct. 14, 2017 The notion that a zero pollution objective is not necessarily ideal policy is one of the more difficult concepts for environmental economists to convey. After all, if pollution is bad shouldn’t we design policy to completely eliminate it? Many of us are drawn to the field based on a genuine concern for the environment and the belief that economics provides a powerful tool for helping solve environmental problems. Yet we are often in the position of recommending policies that appear on the surface to be anti-environmental. How can these observations be reconciled?...