The Economics Of The Clean Air Act

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Term Paper Title	The Economics Of The Clean Air Act
# of Words	1251
# of Pages (250 words per page double spaced)	5

The Economics of The Clean Air Act

The Economics of The Clean Air Act

  Air is a part of all of our lives.  Without clean air, nothing we know of can
exist.  The debate over clean air, it's regulations, their teammates and
opposition, and the economic factors coming into play into this ever-more
recognizable problem is a widespread and ever more controversial one.  Like a
long countdown to eventual disaster, the pollution effecting our world has no
doubt made increasingly more impact on our daily lives, and has increased the
intensity on Washington and other countries to solve the problem.  The Clean Air
act is a step in the right direction, but with every answer their comes two
questions and likewise more and more people taking sides.  There have been long
debates not over the effectiveness of such regulations, but the lack of
opportunity such regulations and deregulations provide for other companies.
Global warming has increased the tension over the economics of cleaner air, but
with little the government can do to limit the use of cars, the production of
necessary coal-fired power plants and other such human resources, the topic just
turns into another fog for debate and argument over stricter regulations and the
impeached right these sources have to operate.  The continual power struggle of
such economic and social issues and the debate over the effectiveness of
stricter, present or more lenient regulations has turned into a smorgasboard of
prectical solutions, with opponents quickly changing minds and becoming
supporters and vice-versa.

  The expenditure of about 20 billion on the part of companies since 1990 to
clean up such hazardous pollutants as cars, factories, and thousands of other
measures have reaped about 400 billion in saved hospital costs, lost workdays,
reduced productivity, and other conditions while at the same time theoretically
helping to reduce smog and pollution.  The findings of a report on experiments
done for the Clean Air act was passed into law in 1970.  The Enviornmental
Protection Agency has recently come under attack by critics however, and
Washington has threatened to cut the agencies' budget citing high costs of
enviornmental legislation, even while their is solid proof that the agencies'
measures are paying off.  Congress is skeptical of reports that the whole system
is reaping more benefits on the enviorment than the whole operation actually
costs.

  Economically, the Clean Air Act is definitly sound and good for th...

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