Blog
Costs and benefits – mercury emissions from burning coal
13th July 2015
America’s Environmental Protection Agency (EPA) thinks like an economist. By that, I mean that the agency has to weigh costs against benefits. Here’s an interesting case, in which the US Supreme Court has recently ruled against the EPA. The court thinks the agency hasn’t correctly measured the costs and benefits of proposed new regulations, designed to reduce poisonous mercury emissions from burning coal.
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