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Cost Benefit News covers legal, academic, and regulatory developments pertaining to the valuation of environmental amenities and disamenities, such as clean air, trees, parks, congestion, and noise. We apprise the reader about ways in which costs and benefits are measured, and the results of empirical studies. We hope that this information will allow public and private organizations to comprehend the risks and benefits of various actions, help disputants to resolve conflicts equitably and efficiently, and improve the quality of public policies. We will only discuss issues related to the empirical quantification of private and social costs and benefits and damages, and summarize information from daily newspapers, academic journals, legal publications, court decisions, professional newsletters commissioned studies, and on-line services. This newsletter is dedicated to the principle that all policies place values upon life, liberty, and the pursuit of happiness. We believe that more information, explicit specification of assumptions, and rigorous analysis can help our society to better meet these ends. This site will increasingly serve, in conjunction with others, as a valuation database. We will include a wide range of studies, including non-environmental reports, because omission of a factor effectively values it at zero, and biases decisions. Heavy traffic has caused several site crashes. We are attempting to correct these problems. Apologies for any inconvenience.
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Innovative State Energy Efficiency Policies Promote Job Creation and Investment in New Industries

By CostBenefit on Sep 21, 2010 | In Energy, Climate Change GHG Carbon CO2, U.S., Pennsylvania, West, Massachusetts, Connecticut, Regulatory Analysis, Research Institute NGO NonProfit, Costs and Benefits, Free Report at Time of Entry

On August 3, 2010 Senate Majority Leader Harry Reid, PG&E Chief Executive Officer Peter Darbee, Chair of Energy Resource Management Bill Campbell and Bracken Hendricks, Senior Fellow at the Center for American Progress Action Fund joined to discuss a… more »

Climate Policy and Voluntary Initiatives: An Evaluation of the Connecticut Clean Energy Communities Program

By CostBenefit on Jun 21, 2010 | In General, Energy, Academic Study/Journal Article, Connecticut, Regulatory Analysis, Research Institute NGO NonProfit, Socio-Political-Cognitive-Economics

Abstract: Can simple government programs effectively promote voluntary initiatives to reduce greenhouse-gas emissions? This paper provides an evaluation of how the Connecticut Clean Energy Communities program affects household decisions to voluntarily pu… more »

Shelton, Conn. Fined $142K for Illegal Sewage Discharges to Housatonic River

By CostBenefit on Jul 3, 2008 | In Water, Legal, Fines, Government Report, Connecticut, Contamination Cost, Press Release (May be biased), Wastewater

A major settlement involving federal and state regulators and the City of Shelton, Conn. will lead to improvements in the operation and maintenance of the City’s wastewater collection system and treatment plant, preventing discharge of untreated sewage t… more »

Using Hedonic Property Models to Value Public Water Bodies: A Note Regarding Specification Issues

By CostBenefit on Nov 26, 2007 | In Water, Land + Water, Real Estate Construction Housing, Academic Study/Journal Article, Connecticut, Hedonic Analysis, Environmental Economics / Ecological Economics, Costs and Benefits

The hedonic literature has established that public water bodies provide external benefits that are reflected in the value of nearby residential real estate. The literature has employed several approaches to quantify these nonmarket services. With a resid… more »

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