Bureau of Business and Economic Research: May 29, 1984

Authors

• University of New Mexico Bureau of Business and Economic Research

Document Type

Report

Publication Date

5-29-1984

Abstract

This report proposes a two-part economic criteria test—consisting of a Profit Protection Test and an Investment Ability Test—to help the New Mexico Environmental Improvement Division evaluate the financial "reasonableness" of mandated pollution control technologies. Rather than using rigid closure benchmarks, the framework allows regulators to set flexible, case-by-case profit-reduction breakpoints by balancing local economic impacts against environmental severity.

Recommended Citation

McDonald, B. M., & Temple, J. L. An objective economic criteria test for evaluating the "reasonableness" of best available control technologies. Bureau of Business and Economic Research, Institute for Applied Research Services, The University of New Mexico, May 29, 1984.