May 19, 2014

The economics of good environmental policy, 40 to 1 more than the costs of compliance

Greg Gerritt There is an abundance of evidence linking strong regulatory climates with healthier economies beginning with Stephen Meyers' classic 1991 study. The innovation generated by the need to clean up, combined with efficiencies generated by not throwing things away, has had a huge positive effect on many bottom lines even before we discuss the economics of the health and well being benefits that strong regulations bring. A number of studies have shown that the various sections of the Clean Air Act provide economic benefits ranging from 4 to 1 to 40 to 1 more than the costs of compliance in our communities.

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