The Economics Of The Clean Air Act



Air is a part of all of our lives. Without clean air, nothing we know of can
exist. The debate over clean air, it's regulations, their teammates and
opposition, and the economic factors coming into play into this ever-more
recognizable problem is a widespread and ever more controversial one. Like a
long countdown to eventual disaster, the pollution effecting our world has no
doubt made increasingly more impact on our daily lives, and has increased the
intensity on Washington and other countries to solve the problem. The Clean Air
act is a step in the right direction, but with every answer their comes two
questions and likewise more and more people taking sides. There have been ...

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to operate. The continual power struggle of
such economic and social issues and the debate over the effectiveness of
stricter, present or more lenient regulations has turned into a smorgasboard of
prectical solutions, with opponents quickly changing minds and becoming
supporters and vice-versa.

The expenditure of about 20 billion on the part of companies since 1990 to
clean up such hazardous pollutants as cars, factories, and thousands of other
measures have reaped about 400 billion in saved hospital costs, lost workdays,
reduced productivity, and other conditions while at the same time theoretically
helping to reduce smog and pollution. The findings of a report on experiments
done for the Clean Air act was passed into law in 1970. The Enviornmental
Protection Agency has recently come under attack by critics however, and
Washington has threatened to cut the agencies' budget citing high costs of
enviornmental legislation, even while their is solid proof that the ...

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on the liquid
industry has been enormous. Boating sales generate $14 billion alone while
fishermen produce $3 million, and the nation spends an estimated $35 million
anually for fish.

The economics of the Clean Air Act and the regulations pioneered by the EPA
have set new standards for the production of companies. Under the current
regulations, there is a set amount of pollution that can be produced in the U.S.
each year. The units of pollution, or credits, are distributed evenly among
production companies, mining factories, and other producers of such
externalities based on size, output and strength in the industry. Companies are
allowed to sell their credits if they want, which ...

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The Economics Of The Clean Air Act. (2008, February 28). Retrieved June 6, 2020, from http://www.essayworld.com/essays/The-Economics-Of-Clean-Air-Act/79764
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"The Economics Of The Clean Air Act." Essayworld.com. February 28, 2008. Accessed June 6, 2020. http://www.essayworld.com/essays/The-Economics-Of-Clean-Air-Act/79764.
"The Economics Of The Clean Air Act." Essayworld.com. February 28, 2008. Accessed June 6, 2020. http://www.essayworld.com/essays/The-Economics-Of-Clean-Air-Act/79764.
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PAPER DETAILS
Added: 2/28/2008 09:55:25 PM
Category: Economics
Type: Premium Paper
Words: 1292
Pages: 5

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