Environmental Impact Statement

AAA

DEFINITION of 'Environmental Impact Statement'

A report addressing the potential effects on the environment of a proposed federal government project. These statements are required by Section 102(2) (C) of the National Environmental Policy Act of 1969 and are reviewed by the Environmental Protection Agency. The public may comment on an EIS while it is in its draft stage. All statements are published in the Federal Register and are also available online at the EPA's website.

INVESTOPEDIA EXPLAINS 'Environmental Impact Statement'

In addition to outlining proposed actions, an EIS also outlines possible alternatives and the potential environmental impacts of the alternatives. Some states, for example California, have adopted similar requirements for their taxpayer-funded projects.

RELATED TERMS
  1. Environmental Protection Agency ...

    The Environmental Protection Agency (EPA) was established in ...
  2. Renewable Energy Certificate - ...

    A certificate that is proof that one megawatt-hour (MWh) of electricity ...
  3. Green Economics

    A methodology of economics that supports the harmonious interaction ...
  4. Green Investing

    Investment activities that focus on companies or projects that ...
  5. Renewable Resource

    A substance of economic value that can be replaced or replenished ...
  6. Nonrenewable Resource

    A resource of economic value that cannot be readily replaced ...
Related Articles
  1. Clean Or Green Technology Investing
    Investing

    Clean Or Green Technology Investing

  2. Go Green With Socially Responsible Investing
    Personal Finance

    Go Green With Socially Responsible Investing

  3. What Does It Mean To Be Green?
    Economics

    What Does It Mean To Be Green?

  4. Building Green For Your House And Wallet
    Personal Finance

    Building Green For Your House And Wallet

Hot Definitions
  1. Conduit Issuer

    An organization, usually a government agency, that issues municipal securities to raise capital for revenue-generating projects ...
  2. Financing Entity

    The party in a financing arrangement that provides money, property, or another asset to an intermediate entity or financed ...
  3. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  4. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
  5. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  6. Leading Indicator

    A measurable economic factor that changes before the economy starts to follow a particular pattern or trend. Leading indicators ...
Trading Center