The experience of the US in using economic analysis to develop environmental policy is examined. Regulatory actions needed to create environmental benefits often impose substantial costs--both direct costs and indirect effects on other social goals--so it is important to consider all the effects of proposed initiatives Before imposing regulations.
The Role of Economic Analysis in Shaping Environmental Policy,
54 Law and Contemporary Problems
Available at: http://scholarship.law.duke.edu/lcp/vol54/iss4/5