Summary

The Clean Air Act requires "New Source Review" -- the installation of specific state-of-the-art pollution control equipment when and only when a new polluting plant is constructed, or a "modification" is undertaken on an existing plant. Shi-Ling Hsu argues that this "grandfathering" policy slows the replacement of old plants with new, more efficient, and less polluting ones.

Recommended Citation

Hsu, Shi-Ling (2006) "Why We Can Do Better than New Source Review," The Economists' Voice: Vol. 3 : Iss. 8, Article 5.
DOI: 10.2202/1553-3832.1115
Available at: http://www.bepress.com/ev/vol3/iss8/art5