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ARB Chair's Lecture Series: Estimating the Costs & Benefits of Regulations

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Published on Mar 18, 2014

On March 14, 2014, Richard D. Morgenstern, Ph.D. of Resources for the Future (RFF) spoke at the CalEPA Headquarters.

Dr. Morgenstern, former Senior Economic Counselor to the Undersecretary for Global Affairs at the U.S. Department of State, where he participated in negotiations for the Kyoto Protocol, discussed lessons learned from the past 30 years when it comes to estimating the costs and benefits of environmental regulations.

Federal, state and local environmental laws have achieved significant improvements in public health over the past several decades. These regulations also have resulted in growing scrutiny about the costs and benefits of environmental rules.

His lecture highlighted pitfalls that can lead to inaccurate results and proposes a way to conduct retrospective analyses in the future — to ensure that the estimation of regulatory costs is as targeted and focused as the underlying environmental regulations.

For more information on this seminar or on upcoming ARB lectures, please visit:
http://www.arb.ca.gov/research/lectur...

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