Chair: Daniel Phaneuf, University of Wisconsin
Panelists: Bjorn Lomborg, Hoover Institution and Caroline Cecot, George Mason University
This session will contrast the use, misuse, and nonuse of Cost-Benefit Analysis for traditional air and water quality regulations with its application to climate policies such as renewable energy subsidies and mandates against the use of fossil fuels. It will discuss how the use of equity and environmental justice criteria affects CBA credibility and the bottom line.
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