Now, the agency does a cost-benefit analysis and it finds that for a few dollars extra it can get to 6. After 6 parts per trillion, it becomes so costly it probably is not worth it. My question is, this is highly quantifiable. We know exactly how many dollars for each part per trillion. But under the language of this bill, you could not get to 6 parts per trillion because 10 parts is slightly cheaper than 6 and it meets the test of the statute that the agency get at least to 10.
Mike Levin: “Now, the agency does a cost-benefit analysis and it finds that for a few dollars extra it can get to 6. After 6 parts…”
On the recordJuly 11, 1995
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govinfo.govEditor's note · Context
Discussing cost-benefit analysis related to environmental regulations.
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