PP Presentation
- EXAMPLE: Acid rain in eastern US and Canada caused by sulfur dioxide emitted primarily be coal-burning electric-generating plants in the Midwestern US.
- Benefit/cost analysis can be used to determine the policy alternative that yields the largest net monetary benefit.
- Consider the hypothetical PDV of costs and benefits (in millions of dollars) associated with each incremental 10% reduction
- Assume for a moment that the monetary values given fully measure the benefits and the costs associated with controlling sulfur dioxide emissions.