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U.S. Code as of:
01/19/04
Section 7612. Economic impact analyses
(a) Cost-benefit analysis
The Administrator, in consultation with the Secretary of
Commerce, the Secretary of Labor, and the Council on Clean Air
Compliance Analysis (as established under subsection (f) of this
section), shall conduct a comprehensive analysis of the impact of
this chapter on the public health, economy, and environment of the
United States. In performing such analysis, the Administrator
should consider the costs, benefits and other effects associated
with compliance with each standard issued for -
(1) a criteria air pollutant subject to a standard issued under
section 7409 of this title;
(2) a hazardous air pollutant listed under section 7412 of this
title, including any technology-based standard and any risk-based
standard for such pollutant;
(3) emissions from mobile sources regulated under subchapter II
of this chapter;
(4) a limitation under this chapter for emissions of sulfur
dioxide or nitrogen oxides;
(5) a limitation under subchapter VI of this chapter on the
production of any ozone-depleting substance; and
(6) any other section of this chapter.
(b) Benefits
In describing the benefits of a standard described in subsection
(a) of this section, the Administrator shall consider all of the
economic, public health, and environmental benefits of efforts to
comply with such standard. In any case where numerical values are
assigned to such benefits, a default assumption of zero value shall
not be assigned to such benefits unless supported by specific data.
The Administrator shall assess how benefits are measured in order
to assure that damage to human health and the environment is more
accurately measured and taken into account.
(c) Costs
In describing the costs of a standard described in subsection (a)
of this section, the Administrator shall consider the effects of
such standard on employment, productivity, cost of living, economic
growth, and the overall economy of the United States.
(d) Initial report
Not later than 12 months after November 15, 1990, the
Administrator, in consultation with the Secretary of Commerce, the
Secretary of Labor, and the Council on Clean Air Compliance
Analysis, shall submit a report to the Congress that summarizes the
results of the analysis described in subsection (a) of this
section, which reports -
(1) all costs incurred previous to November 15, 1990, in the
effort to comply with such standards; and
(2) all benefits that have accrued to the United States as a
result of such costs.
(e) Omitted
(f) Appointment of Advisory Council on Clean Air Compliance
Analysis
Not later than 6 months after November 15, 1990, the
Administrator, in consultation with the Secretary of Commerce and
the Secretary of Labor, shall appoint an Advisory Council on Clean
Air Compliance Analysis of not less than nine members (hereafter in
this section referred to as the "Council"). In appointing such
members, the Administrator shall appoint recognized experts in the
fields of the health and environmental effects of air pollution,
economic analysis, environmental sciences, and such other fields
that the Administrator determines to be appropriate.
(g) Duties of Advisory Council
The Council shall -
(1) review the data to be used for any analysis required under
this section and make recommendations to the Administrator on the
use of such data;
(2) review the methodology used to analyze such data and make
recommendations to the Administrator on the use of such
methodology; and
(3) prior to the issuance of a report required under subsection
(d) or (e) of this section, review the findings of such report,
and make recommendations to the Administrator concerning the
validity and utility of such findings.
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