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Institution
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Costs-Benefit of Air Pollution Regulation in the United States: Spending $23 to $26 billion saves $120 to $193 billion in 1992-2002
from "Informing Regulatory Decisions: 2003 Report to Congress on the Costs and Benefits of Federal Regulations and Unfunded Mandates on State, Local, and Tribal Entities"

A report by the US Office of Management and Budget concludes that the value of reductions in hospitalization and emergency room visits, premature deaths and lost workdays resulting from improved air quality were estimated between $120 billion and $193 billion from October 1992 to September 2002.

By comparison, industry, states and municipalities spent an estimated $23 billion to $26 billion to retrofit plants and facilities and make other changes to comply with new clean air standards.

Read the full report:
http://www.whitehouse.gov/omb/inforeg/2003_cost-ben_final_rpt.pdf

Go to the BAQ 2004 website
Topics
Measuring impacts > Economic impacts

Secretariat: The World Bank & Asian Development Bank