Robert Repetto At a time when U.S. environmental regulations are being intensely scrutinized, this report provides important information and analysis showing that environmental protection requirements have not contributed to job loss or reduced international competitiveness for U.S. companies. It also shows that firms with superior environmental performance are no less profitable than others in the same industry. When it comes to the costs of environmental protection, the real question is whether the United States is getting its money's worth from the 2% of GDP spent for this purpose. The answer, according to this report, is no. Dr. Repetto shows how greater use of market incentives in regulatory policy, reduction of economically unwarranted subsidies, better use of cost-benefit analysis in regulatory decision-making, and other measures could help the United States protect the environment with far greater economic efficiency. 1995 / 60 pages |
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