|A Comparison of the Monetized Impact of IQ Decrements from Mercury Emissions (2007)|
|Environmental Health Perspectives Volume 115, Number 6, June 2007|
The U.S. Environmental Protection Agency (EPA) reports that the upper bound of benefits from removing mercury emissions by U.S. power plants after implementing its Clean Air Interstate Rule (CAIR) is $210 million per year. In contrast, Trasande et al. [Environ Health Perspect113:590–596 (2005) ] estimated that American power plants impose an economic cost of $1.3 billion due to mercury emissions. It is impossible to directly compare these two estimates for a number of reasons, but we are able to compare the assumptions used and how they affect the results. The introduction of all the U.S. EPA assumptions, except for those related to discounting, decreases the estimated monetized impact of global anthropogenic mercury emissions in the Trasande model by 81%. These assumptions also decrease the estimated impact of U.S. sources (including power plants) by almost 97%. When discounting is included, the U.S. EPA assumptions decrease Trasande's monetized estimate of global impacts by 88% and the impact of U.S. power plants by 98%.
|Air Quality in Chinese Cities|