Improving Air Quality - Benefit Cost Analysis Perspective

The question has long been not whether or not to reduce air pollution, but by how much and by what means. Since the extent of the reduced discomfort and illness is not clear—and the measurement of peoples’ willingness-to-pay (WTP) for reduced discomfort and illness is uncertain—it is not easy to know how much the pollution should be reduced. But it has always been clear that reducing automotive air pollution had to be part of the overall strategy. (more…)