Thursday, August 23, 2012

Environmental Economics Blog on Fallout from Federal Appeals Court Striking Down Cross-State Air Pollution Rule

The least that I can do is CAIR*
Benefit-cost analysis be darned:
The fallout has begun just one day after a federal appeals court scrapped a major EPA rule designed to curb long-distance drifting power plant pollution — and Louisville’s air quality may pay the price.
A Western Kentucky utility told the Kentucky Public Service Commission Wednesday that it intends to abandon pollution controls that would have allowed it comply with the U.S. Environmental Protection Agency’s Cross-State Air Pollution Rule, also known as the transport rule. 
Henderson-based Big Rivers Electric Cooperative, which owns and operates four generating stations and a 1,266-mile transmission system, could save its customers about $225 million by dropping pollution controls required for the transport rule, said Marty Littrel, cooperative spokesman.
Stavins and Schmalensee conclude:
Existing studies providing estimates of the Transport Rule’s benefits and costs consistently find that benefits outweigh costs, on a national basis, often by a wide margin.
*With apologies to Kid Rock. 
Environmental Economics Blog

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